Wednesday, August 7, 2024

UNDER WATER EMPIRE

 

The Buck Stops... Everywhere?

As stock market crashes, is US facing new financial crisis? Economist Michael Hudson explains

(Geopolitical Economy Report on Youtube)

"The stock market crashed on August 5, in a new "Black Monday". What caused it? Is the USA on the verge of a new financial crisis? Ben Norton is joined by economist Michael Hudson to discuss the extreme volatility, AI / Big Tech bubble, Japanese yen carry trade unwind, Chinese economy, and geopolitical dangers."

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The gains in pain mean we're spiraling down the drain.

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