The Liberty Advisor’s Tim Picciott tells Josh Sigurdson that the charts clearly indicate a massive global recession is here.

Though we saw two negative quarters of GDP in a row, which would point to a recession, governments have attempted to change the definition of a downturn to fit their narrative. Sigurdson says that the recession of 2008 never ended, it was just papered over and now we’re seeing the blowback.

Banks are already preparing for a collapse, including Bank of America, who is readying its clients for a recession with how-to articles on avoiding the worst in a recession. Meanwhile, the Fed is still tinkering with the numbers. Here’s more from World Alternative Media.