Scenario for US Economy 2026-28 + Updates on Iran and Ukraine Escalations

Today's show focuses on likeliest scenario for US economy under Trump's remaining term, including Pentagon and total US war spending, non-defense spending cuts, deficits, national debt, interest payments on the debt, tariffs, inflation, Fed interest rates, financial markets, real GDP and wages, and likely forecast of recession after 2026. Also updates on why the MOU with Iran collapsed and why Trump now sides with Europe and Ukraine favoring further escalation of war in Ukraine. 

Today's show focuses on the Neocon/Trump strategy to escalate the war with Russia. Why the August 2025 Anchorage agreement between Trump and Putin was just a PR event. And why Trump's MOU with Iran last month was also just a tactical deception as well. The Empire's two forever wars now continue. What's behind the recent gains by Social Democrats in recent Dem party primaries and how both the Dem party leaders and Trump are gearing up to stop it.

Today's show reviews the recent 'deal' announcement for ceasefire in the Iran war. What's a 'deal'. This is just an MOU, an outline of items to be negotiated over next 60 days. A framework for negotiation. Is it the beginning of US retreat from middle east? Why did the regime change fail. How do regime change ops succeed? Why not Iran. Takeaways from the 'deal'. Economic fallouts for US: inflation. Military spending. Austerity. US growth. Global economy impacts to come

A detailed look at the latest May inflation and jobs reports. What's behind the legacy media headline reporting? What US oil CEOs are saying about global oil supply and prices. August jobs adjustments coming. Hourly wages trends. AI and stock bubbles' volatility continuing. AI threats to cyber security. Latest GDP forecasts. Updates to Iran and Ukraine wars deteriorating

Our update on the instability of the private credit financial markets continues as concern spreads to insurance industries now. Regulators start looking at it. Meanwhile, credit card debt rises to $1.25 trillion. How credit cards are linked to private credit. The real unemployment rate after the collapse in the labor force participation rate is considered. Trump's new tariffs. A radical Fed coming? Iran and Ukraine war updates.

 Today's show starts with review of latest US GDP, inflation and income numbers showing inflation accelerating and GDP slowing sharply in latest 2nd GDP numbers. Rest of show focuses on dangerous new events in the Ukraine war as Europe pushes drone attacks deep inside Russia and Russia public opinion demands more aggressive action by Putin. Russia warns 'get out of Kiev' as something big coming soon. Russia talks directly about attacking Baltics sites where drones are being launched into northern Russia and warns will target drone production in the EU. EU NATO political leaders keep saying they're preparing for war with Russia inevitably by 2030. 

What's happening to bonds in US and global as interest rates surge to 2007 and 2023 levels precipitating financial crash events? Bond markets way bigger and more important than stock markets. Iran war re-escalation expectations by investors, with more inflation and Federal Reserve expected to start raising interest rates again. Consequences for stocks, especially AI bubble. What's impact of Trump's just preventing all controls on AI negative impacts on jobs, autonomous weapons development, political system legitimacy (and his family's AI investments?). Trump's IRS deal. Cuba next regime change before US elections.

Trump and an entourage of 2 dozen big US corp CEOs, mostly big Tech, went to China this week. What was it about? (Not Iran or Taiwan!). New York mayor, Mamdani, falls in line with the Democrats. Why no big tax increase on the rich as he promised. Latest on Trump's plan for Cuba regime change. Why Russia may extend war to Europe war production. Inflation vs. wages latest data. US gerrymander wars may help Trump keep control of Congress (and why Democrats are being outmaneuvering...Again.

Trump's nexus of personal corruption with UAE and Gulf states becoming increasingly clear as latest deals between his Crypto company, 'World Liberty Financial',  and UAE's sheik MGX company strike deals. How Trump personally benefits. How Trump's Iran war announcements create volatility in energy stocks sales worth $7B since war began. Update on why 'Project Freedom' collapsed in 36 hours, Trump's targeting of Cuba after Iran, US courts reject Trump's 2nd Tariff plans. Latest on US credit card debt and why AI bubble won't produce real profits for most companies.

Today's show reviews latest US GDP numbers showing mostly driven by AI investing and top 10% consumers' spending. History of GDP from 2020 covid recession to the present. Why after $10 trillion fiscal-monetary stimulus we're still getting only a 2% annual growth rate. Show also discusses Fed chair Powell's decision to remain and implications for interest rate policy. AI boom latest numbers. Why the US empire cannot continue as structured and why Trump will bomb the hell out of Iran and declare victory and leave, much like Nixon did in Vietnam in 1972-73