Video: Is the World Economy Like the Titanic Without Lifeboats?

Video: Is the World Economy Like the Titanic Without Lifeboats?

“If the allusion to the Titanic is not bad enough, the economist adds that the ship has no lifeboats”

Written by Matthew Miller*

There are many who believe that an economic crash worse than 2008 is on its way.

Read the popular article: We Must Resist the Temptation to Secession

In a video episode of Return to Order Insights, author John Horvat comments on the coming economic crisis based on a report by HSBC chief economist Stephen King. In mid-May, King issued a grim 17-page report titled “The World Economy’s Titanic Problem.” If the allusion to the Titanic is not bad enough, the economist adds that the ship has no lifeboats should a crash or recession occur.


Listen to Mr. Horvat’s short video commentary below.

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