Jeremy Grantham | Massive Money Printing & Excessive Debt will lead to Mother of All Recessions
  • 4 months ago
92. Jeremy Grantham Massive Money Printing & Excessive Debt will lead to Mother of All Recessions | 2023 #jeremygrantham #printingmoney #debt #recession #2023 Jeremy Grantham has been studying financial bubbles for the last 40-50 years. IN this video, he explains why Massive Money Printing and Excessive Debt will lead to the Mother of All Recessions. Watch out! Robert Jeremy Goltho Grantham (born 6 October 1938) is a UK investor and co-founder and chief investment strategist of Grantham, Mayo, & van Otterloo (GMO), a Boston-based asset management firm with more than US$118 billion in assets under management. He has been a strong critic of various governmental responses to the Global Financial Crisis from 2007 to 2010. Grantham started one of the world's first index funds in the early 1970s. He was included in the 50 Most Influential ranking of Bloomberg Markets magazine in 2011. Grantham was born in Ware, Hertfordshire and grew up in Doncaster, UK. He read Economics at the University of Sheffield. In 1966, he graduated with an MBA at Harvard Business School. Grantham's investment philosophy can be categorized by his commonly used phrase "reversion to the mean." In essence, he advocates that all asset classes and markets will revert to mean historical levels from highs and lows. His firm seeks to understand historical changes in markets and predict results for seven years into the future. If you like this video, please follow, like or share.