Real US Economy on the Eve of the Elections – video
August 21, 2024 by jackrasmus
Watch my most recent YouTube presentation to the northern California Green Party on the actual state of the US economy on eve of the US elections. Topics addressed include is there a ‘soft landing’ underway? Dissecting the US GDP, inflation and jobs reports for more detail suggests actually higher inflation and recession already underway in the US goods sector (manufacturing, industrial output, exports, construction, jobs market and even real retail sales). Why the US price indexes under-estimate prices and jobs reports over-estimate jobs growth. The presentation also comments on recent tech bubble, Japan carry trade instability, and accelerating expansion of the BRICS and what it means for US dollar and influence in 2025 and after.
To Watch GO TO: https://www.youtube.com/watch?v=MaJ8HVw3UTg
To Watch GO TO: https://www.youtube.com/watch?v=MaJ8HVw3UTg
Dr. Jack Rasmus @drjackrasmus









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