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Is This the Recession the US Needs to Have?
Manage episode 484983892 series 2780780
The world faces a staggering $315 trillion debt crisis—three times global GDP! Are we on the verge of economic collapse with 10% of production going to interest payments? From meme coins exceeding major car manufacturers' values to escalating trade threats and actual wars, could a recession be the wake-up call we need? Or will it harm workers and small businesses while the wealthy exploit the situation? We examine why we avoid economic hardship, who suffers the burden, and whether this turmoil could lead to a more enlightened future or total disaster! Don’t miss our analysis on the trade war.
Learn more about your ad choices. Visit megaphone.fm/adchoices
271 episodes
Manage episode 484983892 series 2780780
The world faces a staggering $315 trillion debt crisis—three times global GDP! Are we on the verge of economic collapse with 10% of production going to interest payments? From meme coins exceeding major car manufacturers' values to escalating trade threats and actual wars, could a recession be the wake-up call we need? Or will it harm workers and small businesses while the wealthy exploit the situation? We examine why we avoid economic hardship, who suffers the burden, and whether this turmoil could lead to a more enlightened future or total disaster! Don’t miss our analysis on the trade war.
Learn more about your ad choices. Visit megaphone.fm/adchoices
271 episodes
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