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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
By Progressive Radio Network4.8
2525 ratings
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

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