At the Alameda Public Affairs Forum, Green Shadow Cabinet Federal Reserve Chair, Dr. Jack Rasmus, reviews the major trends and forces driving the US and global economy today: the Slowing of the China economy and growing shadow bank instability, Emerging Markets’ volatility, currency decline, capital flight and slowdown, the Eurozone’s stagnant drift toward deflation, the failure of Japan’s new Abenomics policies to generate sustained real economic recovery, and the USA’s continuing ‘stop-go’ economic recovery. Jack explains how global problems of real investment, real job creation, and policymakers’ preoccupation with monetary solutions will mean growing tendency toward global economic slowdown at best, and rising potential for new global recession.
Listen to the 1-hour audio presentation at:
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