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Jack Rasmus

Listen to my analysis of the three major developments of the past week and how they’re related: $1.3 trillion budget spending increase, Fed interest rate hike, and China trade measures

GO TO:

http://prn.fm/alternative-visions-us-economys-triple-witching-hour-budget-bill-fed-rate-hikes-china-trade-war-03-23-18/

OR GO TO:

http://alternativevisions.podbean.com

SHOW ANNOUNCEMENT:

Dr. Rasmus looks at three major economic events of the past week: the Trump $1.3 trillion budget bill, the Fed’s latest rate hike (with 6 more coming 2018-19), and the Trade War he launched last week which (as I predicted on this show last week) was really an opening salvo in trade negotiations with China (not Europe, Mexico-Canada, Latin America, rest of Asia). On the trade war, Trump is already exempting the rest and targeting China. But even the China ‘war’ is hardly that. Trump’s opening ‘attack’ amounts to 12% tariffs on $50 billion of more than $700 billion China goods only exports to the US. Rasmus explains how this is…

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