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Alternative Visions – The Rising Wages Myth + Trump’s Recession 2019? – 02.16.18

Dr. Rasmus debunks the media hype about wages now rising, showing how in fact real weekly earnings for non-management workers (both full and part time) over the past year amounts to only 6 cents to 8 cents per hour, based even on government Dept. of Labor data. And the trend is downward, as wage(hourly wage x hours worked) earnings change …

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Alternative Visions – US Stocks Biggest Fall Since October 2008. Causes & Predictions – 02.09.18

Dr. Rasmus delves deeper into this past week’s US and global stock crash. Is it another 2008? Or more like the dotcom tech bust of 2000? Rasmus argues the current decline has characteristics of both 2000 and 2008 and may be therefore even more significant. How tech stock speculation drove 2000 and how property based financial speculation-engineering in derivatives drove …

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Alternative Visions – Trump in Davos: Is Global Inter-Capitalist Competition About to Intensify? – 01.26.18

  Download this episode (right click and save) While ‘Davos Men’ at the World Economic Forum gathering celebrate a short term resurgence in global economic growth, more serious longer-run problems in the global economy remain and appear to be growing. Dr. Rasmus discusses how global trade growth in relation to GDP has been slowing dramatically, how global income and wealth …

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Alternative Visions – Behind the Bitcoin Bubble Bust + Apple’s $105 billion Trump Tax Cut – 1/19/2018

      Dr. Rasmus explains the forces behind the 2017 escalating Bitcoin bubble and their reversal in 2018 in recent weeks, leading to the collapse of Bitcoin prices. Both demand and supply forces driving, then collapsing, bitcoin are explained, and projections for 2018 offered where Bitcoin and other Altcoins may be headed. Crypto currencies as classic financial asset speculative …

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Alternative Visions – Trump’s Tax Cuts: More than $5 Trillion (Not $1.5T) – 01.12.18

Dr. Rasmus starts the show with comments on last week’s announcement by WalMart raising its minimum wage and the Bloomberg News story about China considering cutting back buying US Treasury bonds. The rest of the show addresses the Trump Tax Cuts true extent of tax reduction on corporations, businesses, investors and the wealthiest 1% households. Jack debunks the notion that …

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Alternative Visions – Stock Bubbles, Bannon-Trump Rift, and Predictions 2018 – 01.05.18

Download this episode (right click and save) Dr. Rasmus provides his economic and political predictions for the coming year, 2018, including: flattening yield curve and recession 2019, slowdowns in autos, housing, retail, why the Fed won’t raise interest rates 3 more times in 2018why  health care costs are about to surge again, why the Dems won’t take back the Senate …

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Alternative Visions – 2017 Year in Review: Trump Year One – 12.29.17

Dr. Rasmus reviews the major economic developments of the past year. Included are the major economic consequences of Trump’s first year in office: tax cuts, environmental, financial and other deregulations, Goldman Sachs running the economy, the Trump ‘bump’ and Trump ‘trade’, Trump free trade policies re. NAFTA, Trump’s replacement of Fed chair Yellen with Powell, the low dollar and Emerging …

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Alternative Visions – Trump’s ‘Smash and Grab’ Tax Cuts – 12.22.17

Dr. Rasmus explains and critiques the Trump-Republican $4 trillion plus tax cuts passed and signed this week, describing it as thieves ‘smashing’ their way into the US Treasury and ‘grabbing’ as much of government revenue as they can get away with.  The tax cuts are put in historical context, as a continuation of the ‘tax shell’ game since Reagan, and …