Dennis Tubbergen hosts RLA Radio with guest Michael Pento, a financial expert and host of the Mid-Week Reality Check podcast. They discuss the inefficacy of the proposed Department of Government Efficiency and skepticism about significant government spending cuts. Pento critiques the Federal Reserve's interest rate policies and predicts a potential bond market collapse due to excessive debt and inflation. He foresees a deflationary depression followed by stagflation, driven by the Fed's likely response of printing more money. Pento advises caution in investment strategies, suggesting that traditional portfolios may face significant risks in the coming economic environment.

Michael Pento is the President and Founder of Pento Portfolio Strategies, with more than 27 years of investment experience. He was the portfolio creator and consultant to Delta/Claymore's commodity portfolios that raised more than $3 billion, distributed through Claymore/Guggenheim's sales network. He produces the weekly podcast “The Mid-Week Reality Check” and is the author of the book “The Coming Bond Market Collapse.” 

For more information about our guest, Mr. Michael Pento, please visit http://pentoport.com.