Dr. Rasmus discusses his article, published last Monday, ‘The Great Strike of 2021’. Why are 5 million US workers not returning to work? Rasmus explains why and how they’re coping ‘withholding their labor’ as the economy reopens. It’s a strike wave of the lowest paid and most abused US workers. Signs their strike example may be spilling over to union workers now striking as well. Rasmus compares the 2021 strike wave with the last strike waves of 1970-71 and 1945-46. (Check out his blog, http://jackrasmus.com for recent articles on the subject).  In the second half of the show the current escalation of inflation is discussed. Why Biden’s recent measures to put LA ports on 24/7 work schedule will not have much affect. Why the capitalist global supply chain is in chaos and why supply-driven inflation will not be temporary but continue well into 2022. Rasmus explains ‘stagflation’ likely coming, as US GDP and economic recovery is faltering 3rd quarter 2021 while inflation continues to escalate.

Alternative Visions - The Great Strike of 2021 + Inflation Wave

Dr. Jack Rasmus will focus on today’s continuing crisis in the U.S. and global economies.

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today’s show focuses on the theme of the impact of Russian sanctions since the start of the Ukraine war. How the sanctions have failed to impact Russia’s economy while simultaneously helping to wreck Europe’s, and especially the core German economy of the EU. A review of the relative economic data. Also discussed, are the pending US House vote tomorrow likely to pass another $100B in war aid to Ukraine, Israel, and Taiwan, which will include reportedly US approval to distribute the $300B in seized Russian assets ($240B in Europe banks). This is how the US plans to continue financial support for Ukraine war in 2025, after the $61B ‘bridge’ fund in the US House bill. The show also addresses how US economic policies (of which sanctions are just a part) have undermined Germany’s economy and are making Europe increasingly dependent on the US. Discussion of the latest developments in the Israel-Iran and Ukraine wars concludes the show.

Alternative Visions- USA’s Failing Russian Sanctions Regime: Russia vs. Germany

Today’s show covers the key events, economic & political, of the past week: US latest inflation numbers and trends, why Fed rate cuts are off the table, instability in regional banks and commercial real estate continue, Chase CEO Jamie Dimon’s remarks on rate hikes at 8% and ‘soft landing’ scenario, US Treasury Secretary Janet Yellen in China. In Politics, whether war between Israel-USA with Iran is imminent, latest developments on French & NATO troops in Ukraine, the coming Russian big offensive in Kharkov, Russia’s talk of ‘unconditional surrender’ and Ukraine’s desperate manpower shortage and its new draft law.

Alternative Visions- US Inflation, the Fed, and Ukraine-Israel Wars Update

2024 is junctural year in Ukraine war. All three parties’ strategies—US/NATO, Ukraine, Russia—are in flux and changing as fallout from Ukraine’s summer 2023 offensive defeat by Russia continues to reverberate in political terms and as Russia offensive in 2024 emerges. What were the parties respective strategies in 2022, how did they shift in 2023, and how are they about to change again in 2024 are discussed in today’s show. Some likely scenarios by year end 2024 and US elections in November. Has NATO already lost, as more analysts now saying? Will NATO intervene directly before it is? The intro to the show comments on the just released jobs report for March and what the numbers mean for rising US inflation since January, Fed interest rate policy, and the surging US interest on the US $34T debt.

Alternative Visions- Shifting Strategies in the Ukraine War

How the US economy is different today from 1930s and becoming increasing so due to technological change, financialization, and other forces. Why 21st century US fiscal and monetary policies are increasingly inefficient, ineffective and exacerbating the deficits, US debt, and running up unsustainable interest payments on the debt. Income and Wealth inequality thresholds for the 1% in the US economy today. Challenges faced for the future hegemony of the US empire-not just China, not even BRICS, but entire global South. Role of US $ and other institutions. The new alternative global financial structure coming. Why the US/NATO are losing (have already lost) the Ukraine war. (Dr. Rasmus announces further discussion of these trends is available on his blog, jackrasmus.com, in the Youtube file of the 2 hr. interview he gave this week to the Freethinkers Forum).

Alternative Visions- Contradictions in US Economy, Policies, and Challenges to the US Global Empire

Latest on evidence of Moscow’s Mall Terrorist attack. Pros & Cons of evidence to date Ukraine sources’ involvement. Putin’s dire warning re. F-16s. Is Macron’s threat to send troops suspended? Will Europe re-arm and create its own defense industry? Euro economy stagnating vs. USA economy modest growth; Why is USA GDP positive in 2024? US recent Inflation statistics. Is the US Treasuries market growing unstable with $23T bonds issued in 2023? Janet Yellen in China and future of the US dollar.

Alternative Visions - The Great Strike of 2021 + Inflation Wave

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