Listen to my October 21, 2022 Alternative Visions radio show for a different perspective on the growing global economic and political crises.
TO LISTEN GO TO:
https://alternativevisions.podbean.com/e/alternative-visions-personalities-behind-the-crises/
Show Announcement
Today’s show takes a different emphasis than in the past by focusing on key personalities and their roles in the growing economic and political crises in the US and world. Dr. Rasmus discusses former UK prime minister, Liz Truss, who was just ousted by the UK’s bond vigilantes and finance capitalists. What did Liz do to get thrown under the bus? Rasmus shows her proposals, for which she was deposed, were not much different than Ronald Reagan’s in 1981-83. Rasmus explains why the UK’s current crisis is actually ‘Made in the USA’. Steve Bannon’s ‘slap on the hand’ court decision and its implications are next discussed. Thereafter Elon Musk’s flirting with a more neutral position in the Ukraine war and the shitstorm against him it’s released. Nouriel Roubini’s declaration we are already in World War 3, followed by Mohammed El-Erian’s raising of the bogeyman that maybe the Fed shouldn’t be so ‘independent’. Rasmus discusses the Fed fake issue of central bank independence, covered in detail in his 2017 book, ‘Central Bankers at the End of Their Ropes: Monetary Policy and the Coming Depression’. (Check out Dr. Rasmus blog, jackrasmus.com, this Sunday for his blogpost and proposals to democratize the Fed). The show comments further on the meeting between US and Russian defense ministers, Austin and Shoigu, Zelensky’s latest rants, Mario Draghi’s declaration of Europe now in recession, and concludes with soon to be Speaker of the House, Kevin McCarthy’s, public statements on likely Republican economic and war policies after the Nov. midterm elections. (Next week’s show will address the midterm election issues).
Missing from the list of important personalities is Donald Trump. As we limp toward nuclear war over Ukraine, Trump’s sympathy to Russia is in stark contrast to Biden and his administration. Millions of Americans were duped into voting for Biden as less dangerous than Trump but Biden is as much if not more dangerous since he is pushing not one but two threats to human existence: nuclear war over Ukraine and the climate crisis. Biden and Manchin turned the climate crisis bill aka the inflation reduction act into an overwhelming subsidy for the oil industry and thus one more step toward environmental catastrophe.