Listen to my Alternative Visions radio show for the discussion on the current mainstream hype the US economy will experience a ‘soft landing’–i.e. slowing inflation but no recession. The discussion looks at the latest actual data for consumer spending, business investment, net exports and govt spending. Why inflation is actually higher than the index reports due to questionable methodologies that under-estimate prices; consumer spending and real business investment is less than reported; and why latest economic indicators suggest slower growth in the current 4th quarter and early next year. US economy ‘goods sector’ (manufacturing & construction) have been in recession for months. Likelihood for spillover to larger ‘services sector’ in 2024.
TO LISTEN GO TO:
Dr. Jack Rasmus @drjackrasmus









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