Ep. 68 - Moving into a Serious Recession?

UCLA Extension Business Insights
09/06/2022 19 min
Ep. 68 - Moving into a Serious Recession?

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Episode Synopsis

The Fed has no choice but to create a recession to lower demand to meet global supply issues; they must fight inflation and they will move in a quite different direction from that in Chairman Powell's first term. Russia's oil and natural gas supply issues go beyond Western sanctions as discussed here. Get prepared for more global issues including country defaults, more global money creation, and new stresses on our employment and financial systems.

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