🔥 JOIN the New Real Vision for $20,14 www.realvision.com/crash-or-boom CHAPTERS 1 Danielle's and Dennis's Takeaways from the Jackson Hole Economic Symposium 01:05 2 The Outlook on U.S. Growth and Inflation 0:17:24 3 What Is the Path Forward for Fed Policy - and What Are the Risks? 0:27:29 4 Viewer Questions 0:43:10
Recession is inevitable! What we will have is severe recession for the lower 50% of wage earners in the U.S. living pay check to pay check. They do not have the clout to force employers to give them raises equal to inflation and will be the first to get laid off, , they do not control their housing costs because they rent, they have credit card debt, no savings, cannot begin to afford to maintain their meager standard of living are being and will be crushed. The top half of wage earners will breeze by, will not get laid off, will continue to contribute to their 401k"s and earn dividends, will benefit by putting their excess income into Money Market Accounts at 5% interest, will keep their 3% mortgages on their McMansions and simply widen the gap between rich and poor. Is it different this time? Yes, this time we raise interest rates, poor people suffer driving down demand for goods, and chinese people get laid off instead of Americans because we don't produce anything in the U.S. any more.!
🔥 JOIN the New Real Vision for $20,14 www.realvision.com/crash-or-boom
CHAPTERS
1 Danielle's and Dennis's Takeaways from the Jackson Hole Economic Symposium 01:05
2 The Outlook on U.S. Growth and Inflation 0:17:24
3 What Is the Path Forward for Fed Policy - and What Are the Risks? 0:27:29
4 Viewer Questions 0:43:10
What date was this created?
August 28th at the top right.
Economic investigator Frank G Melbourne Australia is still watching this very informative content cheers Frank
Cheers mate!
Yes
Recession is inevitable! What we will have is severe recession for the lower 50% of wage earners in the U.S. living pay check to pay check. They do not have the clout to force employers to give them raises equal to inflation and will be the first to get laid off, , they do not control their housing costs because they rent, they have credit card debt, no savings, cannot begin to afford to maintain their meager standard of living are being and will be crushed. The top half of wage earners will breeze by, will not get laid off, will continue to contribute to their 401k"s and earn dividends, will benefit by putting their excess income into Money Market Accounts at 5% interest, will keep their 3% mortgages on their McMansions and simply widen the gap between rich and poor. Is it different this time? Yes, this time we raise interest rates, poor people suffer driving down demand for goods, and chinese people get laid off instead of Americans because we don't produce anything in the U.S. any more.!
A bull and a bear I'm guessing