Brexit and Italy, commodity and foreign exchange markets, Eurozone, Financial asset prices, Germany, Global Economy, Jack Rasmus, oil futures, stock and bond markets, the ‘debt-deflation-default’ nexus associated with financial crises, the China-US trade war, the Fed and other major central central banks
For my latest commentary on the global economy slowdown and financial asset markets and prices falling, listen to my Alternative Visions radio show of last friday, November 16, 2018.
To Listen GO TO:
Or GO TO:
Dr. Rasmus provides a review of economies worldwide that are appearing to slow: Germany GDP contracts -.02%, Eurozone slows to 0.7% overall. Brexit and Italy may worsen, further slowing the UK and EU economies, likely driving the region into recession. Japan’s GDP retreats -1.2%, its fourth recession since 2013. China’s officially at 6.5% (actually closer to 5%), with housing and consumers spending slowing requiring yet another stimulus package. How the Fed and other major central central banks and monetary systems now subsidize the capitalist economies in the 21st century. And what’s driving the most recent decline in global oil prices–is is it supply or declining demand? Rasmus expands upon his…
View original post 131 more words