Episodes

Friday Dec 27, 2019
Friday Dec 27, 2019
Dr. Rasmus summarizes the 12 key economic events of 2019: 1) Fed’s interest rate cuts and policy reversal, 2) Global Economy Trade stagnation, 3) Trump’s Trade Wars: China, USMCA & Phony All Other, 4) $Trillion Dollar US deficit and $23T US federal debt + >$1T deficits annually for another decade, 5) the Global Manufacturing Recession & economic slowdowns from Germany to Japan to Latin America to China-India, 6) the Repos market instability in US, 7) Challenges to the US ‘SWIFT” international money payments system by Instex, Libra, etc., 8) US & global stock markets’ record boom (US up 30%, others 20%). In Tech impacts on the US and global capitalist economy now emerging: 9) ‘Adversarial-Generative Neural Networks (AI)’ creation of fake voice + fake facial reproduction, 10) the Tech War between US and China, 11) Amazon’s ‘next day’ delivery effects on ground-air distribution companies, 12) development of hypersonic missiles/tactical nukes/US Space Force and the advent of less than one minute notice before world war III. ( In the last third of the show Dr. Rasmus welcomes guest Alan Benjamin to provide latest developments in the French strikes and the possible General Strike after January 2, 2020. (Next week: Dr. Rasmus summarizes 12 most important political events of 2019 + further interview of Benjamin on France’s looming General Strike).