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A great storm is coming, and it is very close!
Manage episode 432668803 series 2985049
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The economy does not look good. There is a huge effort to prop it up until Nov 5, but is it working? According to previous guest Ricki DeSantis, "The Federal Reserve is buying up all the junk bonds in a desperate attempt to prop up the markets. In the meantime, Yellen is issuing massive amounts of Treasuries (to who?). The US Debt went from $22 trillion in 2019 to over $35 Trillion on Thursday. Unemployment is now surging...
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