Ep. 125 - The U.S. in the Eye of the Global Hurricane
Description
Most of the leading Western countries going into or well into recessions while Russia and China organize BRICS+ against the dollar and economic leadership.
The implications of chronic under-reporting U.S. employment and inflation in the context of increasing long term interest rates and out of control federal spending. Stay tuned for the outcome later this month of the Russia hosted BRICS+ summit including China's plan for settlements of global trade outside of the dollar systems. Prepare for China and Russia export controls on uranium and rare earth materials impacting not only electric power generation but production of telecommunications, transportation, and military equipment.
The continuing disappearance of the American "Middle Class" in light of continuing high inflation rates, expanding war risks, and increasing divisiveness across our country. We've been in this situation before (and worse) including the country dividing election of 1828 (Andrew Jackson's...
Published 12/01/24
A lot of volatility ahead as new leadership assumes power in the U.S. Pre-election negative trends are pretty much not reversible regardless on new economic policies which will take time to approve and start implementation. Unlike past global economic challenges, all global powerhouses are in...
Published 11/18/24