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Alternative Visions – Economic Red Flags Rising

Dr. Rasmus discusses the various warning signs in the US economy now emerging, despite the official talk of GDP recovery underway this quarter: the Fed’s warning this week of rising ‘insolvency risk’ and business bankruptcies coming; new claims for jobless benefits rising again and consistently more than 1 million/week since October; the recent retail sales bump as really a warning not good news; financial market bubbles churning as investors chase ever more risky yield in cryptocurrencies and worthless stocks; China’s introduction of its own digital currency; and growing indications of Biden’s ‘bipartisan back-tracking’.

 

 

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