Listen to my October 5, 2018 Alternative Visions radio show for my discussion of the growing global instability, driven by Fed rate hikes and bond selloff underway. The likely weakest points of future contagion. Also, my analysis of Trump’s phony deal with Canada and Mexico, the China ‘microchip’ affair, and US NATO threats to send missiles into Russia to ‘take out’ their bases.
To Listen GO TO:
http://prn.fm/alternative-visions-global-economic-instability-rising-trumps-nafta-2-o/
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http://alternativevisions.podbean.com
SHOW ANNOUNCEMENT
With the US Fed rate hikes accelerating, and US and global bond selloff accelerating this past week, Dr. Rasmus looks at signs of growing financial instability in the US and abroad. Bond interest rates accelerating and more Fed rate hikes coming. The impact intensifying again on emerging market economies. Stock markets and recessions deepening. Italian bonds and banks (+ Euro, Greek, Turkey, India banks). Signs of corporate default problems rising (India’s IL&FS, GE, Deutsche bank, etc.). US hedge funds closing shop. Junk bond ‘zombie’ companies’ problems rolling over debt as rates rise. Pension funds. Corporate ETFs, Argentina and IMF, US deficits and debt (including $900 billion in interest on US debt prediction by CBO). Global financial asset prices beginning to turn and decline. Rasmus next discusses the phony trade agreements with Mexico and Canada. The coming intensifying trade war with China. The mysterious China ‘microchip’ affair (the new ‘yellow cake’?) as pretext for conflict with China. And while preoccupied with Kavanaugh affair, US NATO ambassador threatens to send US missiles to ‘take out’ Russian missile bases, while US threatens to attack Russian air bases in Syria. (For more on topics, go to jackrasmus.com blog).
A very important and disturbing post. Especially the last few minutes of the threats to Russia. What are these nuts thinking?
Re. Russia missile threats, yes, and why was it buried deep in the New York Times/Wall St.Journal, and not on the front page (which was preoccupied with the Kavanaugh circus event, where the ‘fix was in’ when Trump called Rosenstein to his office the week before and didn’t fire him. The FBI then followed up with a token investigation and whitewash, enabling cover for Collins, Flake and other Senators.)