What are the economic and financial system early warning signs that we should heed rather than get caught up in fearmongering? When should we start to worry about ballooning budget deficits, the national debt, a currency collapse, or the stock market? Topics covered include: Show Notes The Dawn of Everything: A New History of Humanity by David Graeber and David Wengrow—Macmillan How Much Is Enough? Money and the Good Life by Robert Skidelsky and Edward Skidelsky—Penguin … [Read more...]
404: Why Is the U.S. Dollar So Strong? Will It Continue?
What has caused the U.S. dollar's currency exchange rate to be the strongest in twenty years? How a strong dollar leads to slower global economic growth and falling asset prices. Topics covered include: Show Notes Wall St blames missteps at FedEx as parcel service fails to deliver Steff Chávez and Andrew Edgecliffe-Johnson—Financial Times The Global Dollar Cycle by Maurice Obstfeld and Haonan Zhou, BPEA Conference Drafts, September 8–9, 2022—Brookings Papers on Economic … [Read more...]
Is A Dollar Collapse Coming?
Will stagflation cause the dollar to crash and be a bottomless pit when the next recession hits? That is what Peter Schiff is predicting. We look at where he is right and where he seems to be off the mark when it comes to the U.S. economy and a dollar collapse. In this episode you’ll learn: Is an economic recession overdue? Why running ongoing trade deficits leads to higher private sector debt balances. Why interest rates and savings is not too low. Why the U.S. … [Read more...]
