Ep. 127 - Post-Economic Trends and Issues
Update: 2024-11-18
Description
A lot of volatility ahead as new leadership assumes power in the U.S. Pre-election negative trends are pretty much not reversible regardless on new economic policies which will take time to approve and start implementation. Unlike past global economic challenges, all global powerhouses are in downturns (U.S., China, Germany, U.K., Russia, etc.) as the BRICS+ countries continue to challenge the West including Japan and S. Korea. U.S. needs to finance $Trillions of government and real estate related debt, during our period of rising long term interest rates, may precipitate another international finance and/or banking industry crisis.
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