🔴 It'll Get Worse: U.S. Recession, Money Supply Contraction, Tariffs on Consumers | Dr. Steve Hanke

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  • Опубліковано 12 лис 2024

КОМЕНТАРІ • 423

  • @lenapetrova
    @lenapetrova  Місяць тому +24

    Please follow along on Patreon: www.patreon.com/LenaPetrova & Locals: lenapetrova.locals.com/

    • @robertko5425
      @robertko5425 Місяць тому

      Geeez - this is sure starting to sound like its becoming the COLLAPSING States of America.

    • @billb3673
      @billb3673 Місяць тому

      ​@@michaelmoschos3027the Deep State currently providing economic information is probably the least transparent of current data ever, and has no shame in providing faux data when it does release information. We are being steered into the Globalists political view of the One World Beast System.

    • @gregorysagegreene
      @gregorysagegreene Місяць тому +2

      Don't be so quick to always worship at the altar of Hanke, Lena.

    • @defunctuserchannel
      @defunctuserchannel Місяць тому

      Protection is needed because all the major companies are global entities who care nothing about humanity and only about increasing their power and wealth. We will soon be living in a global feudal system if we allow free market economics to continue. There is a lot more to humanity than maximizing efficiency and profit. I'd rather live in a shack than be enslaved.

    • @rozaliamajores4798
      @rozaliamajores4798 Місяць тому

      In 75 plus years, starting over 100 coups, civil/ proxy wars or attacking weaker countries naturally, has destroyed our economy. The main reason the owner's/ donors of the Western governments own every warfare production, so the bribed government gives them taxpayers money to employ workers in production, then in the name of DF the taxpayers money goes for those weapons, plus the billions$$$ on CIA, MI6 orchestrating coups in the world, Ukraine's took minimum 12 years! Than providing the civil, proxy and our owners/ donors wars at taxpayers expense, there is no hope, of recovering in at least a century without any wars! Wages at 19777 rates in the US, NYC has at least a million homeless, plus a number of other states, including war veterans untreated for PTSD, most depend on alcohol or cheap alternative substance, than many over 60 end their lives because they have no means to survive or health benefits, thus the past 2 years life expectancy in the US down to 55 from 74! Europe will follow!@

  • @Gigismom59
    @Gigismom59 Місяць тому +164

    The election, no matter what outcome will not stop this country from plunging into a state of financial crisis for many many years! Thank you Lena for your candid insight and information.

    • @paulatreides5052
      @paulatreides5052 Місяць тому

      "The corporate forces that are looting the Treasury and have plunged us into a depression will not be contained by the two main political parties. The Democratic and Republican parties have become little more than squalid clubs of privilege and wealth, whores to money and corporate interests, hostage to a massive arms industry, and so adept at deception and self-delusion they no longer know truth from lies. We will either find our way out of this mess by embracing an uncompromising democratic socialism - one that will insist on massive government relief and work programs, the nationalization of electricity and gas companies, a universal, not-for-profit government health care program, the outlawing of hedge funds, a radical reduction of our bloated military budget and an end to imperial wars - or we will continue to be fleeced and impoverished by our bankrupt elite and shackled and chained by our surveillance state." - Chris Hedges

    • @wlonsdale1
      @wlonsdale1 Місяць тому +14

      Just think...Ukraine brought America to its knees.

    • @Bitcoin_Gold
      @Bitcoin_Gold Місяць тому

      Blame all this on Worst President in history Joe Biden and Useless Kamala for destroying America's economy

    • @stella3265
      @stella3265 Місяць тому

      How right you are. Unemployment is going up 7/10th of a percent. Just pay attention to the NBER. Powell is spinning these lies about the state of our economy because it’s political. The election. The problem with Krugman is he does not understand money.

    • @grimaffiliations3671
      @grimaffiliations3671 Місяць тому

      Only people who don't understand monetary operation believe we're gonna go bankrupt

  • @sankalp3513
    @sankalp3513 Місяць тому +38

    Lena, you are a poster child for how an interviewer should be. You let the professor speak without interrupting and transitioned smoothly between topics. Keep up the great work and hope to see other interesting guests.

  • @reeu5five534
    @reeu5five534 Місяць тому +97

    when it comes to geo-economies, i go to Lena for accurate updates. Thank you Miss Petrova.

    • @EdCamilo-x1h
      @EdCamilo-x1h Місяць тому +6

      @@reeu5five534 Lena Petrova is really good at helping us understand some seemingly complex issues.👍.She really drives home the iconic phrase: ''It's the economy, stupid'' 😂

  • @sigolwidearemo8575
    @sigolwidearemo8575 Місяць тому +81

    Dr. Hanke appreciate your efforts too educate the truth about economy.

  • @sarahkhan2310
    @sarahkhan2310 Місяць тому +71

    With a massive 35 trillion debt everything in the u s is collapsing. Holding on to the dollar and bond is a death trap. Forever printing money will expedite its demise

    • @vladimircurkoski1455
      @vladimircurkoski1455 Місяць тому +3

      35 trillion is old news it's 36 now and continues to grow

    • @FernandoTamariz-f1g
      @FernandoTamariz-f1g Місяць тому +2

      They thaugt they where so smart!! Its ridiculous clowns of the world but not funny at all

    • @lucanidae100
      @lucanidae100 Місяць тому +1

      It will be a death trap

  • @drayb5566
    @drayb5566 Місяць тому +44

    Lena, excellent interview with Mr. Hanke. Your truly THE class act on UA-cam.

    • @davebrewer7170
      @davebrewer7170 Місяць тому

      No class act when he says protectionism from chinese communists is not a great idea. China is not a FREE TRADER

  • @NeilBates-k3t
    @NeilBates-k3t Місяць тому +54

    In England we call it moving the goalposts, when the establishment can’t balance the books

    • @jvb9553
      @jvb9553 Місяць тому +2

      The goalposts alway point at their pockets.

    • @sergebourque2567
      @sergebourque2567 Місяць тому

      If it were not for double standards and corruption, liberals would not have standards

    • @michaelrandle8316
      @michaelrandle8316 Місяць тому +1

      @NeilBates-k3t In the States, it's called raising the debt ceiling, which regularly comes up when their's a national budget stalemate. It's a way to kick the proverbial can of problems down the road for others to have to deal with.

  • @boe3421
    @boe3421 Місяць тому +43

    Thank You, Lena. Excellent presentation with Hanke. 👍🙋‍♂️

  • @redhed9776
    @redhed9776 Місяць тому +16

    without a stable manufacturing base, it cannot grow. period.

  • @micamika8844
    @micamika8844 Місяць тому +5

    Lena Petrova, you are the gem on YT you are one of the best interviewers, and without bias. and high-class guests !!!

  • @cresbery3304
    @cresbery3304 Місяць тому +26

    Thanks Lena for your Excellent US's financial explanation & anylization with collaboration with Dr.Hanky.

  • @ric6074
    @ric6074 Місяць тому +9

    This channel have credibility.👍

  • @deanchristie3829
    @deanchristie3829 Місяць тому +3

    WOW! This is the clearest explanation of Hanke's 'quantity of money' theory, and the expected economic outcomes, that I have had the pleasure of hearing.

  • @Rajindersingh-qt2gl
    @Rajindersingh-qt2gl Місяць тому +4

    Lena is gold

  • @michaela.abbott222
    @michaela.abbott222 Місяць тому +19

    Been 'with you' for quite a while. You're doing just fine. The interviews are a great addition to your 'regular' content. I go in multiple directions on the internet and worldwide news sources, and you are spot on with your reporting.

    • @seeker2118
      @seeker2118 Місяць тому +6

      Yes she is spot on.......To improve you must not only be willing to listen only to what you want to hear but you must be willing to open up to what you don't agree with. It is how we improve, learn, grow and prepare for the future.

  • @andrewkizito7916
    @andrewkizito7916 Місяць тому +18

    Thanks Miss Lena!!!Days been waiting for your other DIGEST!!!! It's been great thks!!!

  • @vrdacosta00
    @vrdacosta00 Місяць тому +5

    Concise and straight to the point!
    It was really interesting to hear Dr. Steve Hanke in this interview.👍👏👏

  • @LeahDLit
    @LeahDLit Місяць тому +101

    I hope we all know that it doesn't matter who is in the 'top job' because this is a systemic problem -- greed. We have allowed many of our economic sectors, to take advantage of the American people. It's disgusting and frightening for the future of our country. My husband and I will be retiring in the next two years n another country. We are absolutely worried that SSI will no longer be funded. we'll have to rely on his pension, a 403 (b) and a very prolific lnvestment account with my Abby Joseph Cohen my FA. Our national debt is bloating and expanding every month.

    • @JulioMangru
      @JulioMangru Місяць тому

      How can i reach this Abby Joseph Cohen, if you don't mind me asking? I've known her by her reputation at Goldman Sachs

    • @LeahDLit
      @LeahDLit Місяць тому +2

      ​@@JulioMangruWell her name is 'ABBY JOSEPH COHEN SERVICES'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

    • @LaillaBelgrade
      @LaillaBelgrade Місяць тому +1

      I was a stay at Home mom with no money in my IRA or any savings of my own, which was scary at 53 years of age. Three years ago I got a part time job and save everything I make. After 3 years, I am 56 yo and have put $9,000 in an IRA and $40,000 in my portfolio with CFA, Abby Joseph Cohen. Since the goal of getting a job was to invest for retirement and NOT up my lifestyle, she was able to scale this quickly to $150,000.

    • @JulioMangru
      @JulioMangru Місяць тому

      ​@@LeahDLitThank you for this tip. I just looked the name up, wrote to her through her webpage and booked a session..

    • @KhristyDrysdale
      @KhristyDrysdale Місяць тому

      Great share! Out of curiosity, I searched Abby Joseph Cohen Services online, found her consulting page ranked at the top, and scheduled a call session. I've read many reviews about advisors, but none seem as impressive as hers.

  • @joselu9023
    @joselu9023 Місяць тому +4

    Good morning Lena. It’s always a pleasure to watch your videos with your respected guests no matter how bad the news is. Nothing like knowing the truth without any sugar coating. Thank you.

  • @dannyboy8850
    @dannyboy8850 Місяць тому +3

    Love to hear Prof Hanke talk on the global economic especially on the trade war with China.

  • @Paulomarrecas
    @Paulomarrecas Місяць тому +9

    Thankfulness to Mrs Petrovna for the sharing.

  • @waltbroedner4754
    @waltbroedner4754 Місяць тому +8

    The embargo act was passed almost without debate on December 22, 1807. Jefferson would seriously damage the American economy, striking everyone from farmers who could not sell their surplus cornmeal and flour overseas, to ship owners whose boats now sat idle at anchor, to dockworkers who had no cargo to load and unload, right down to the bartenders at waterfront grog shops who lost their hard-dinking seafaring clientele. The embargo put 30,000 American sailors out of work. THAT WAS 217 YEARS AGO! Free Trade: international trade left to its natural course without tariffs, quotas or other restrictions. "Failures of the Presidents" by Thomas J. Craughwell.

  • @bertanelson8062
    @bertanelson8062 Місяць тому +19

    A government economic policy that aims to benefit the people by having resources for housing, education & medical care is very different from a gov't policy that seeks to enrich the wealthy at the expense of the needs of the people.

  • @moonlight-rm2mf
    @moonlight-rm2mf Місяць тому +1

    Prof Henke is my idol, no bull💩 comments and really make sense on explaining macro economy, 👍👍👍

  • @jchanmcse
    @jchanmcse Місяць тому +1

    Thanks to Lena for interviewing Dr. Hanke with this insightful and truthful interview to nourish our souls and minds.

  • @Lyra0966
    @Lyra0966 Місяць тому +3

    Excellent programme, Lena. Really enjoy your realist and honest approach to the significant economic and geopolitical issues of the day. Makes such a refreshing alternative to the nonsense we are FED every day by the criminally inept and dishonest MSM.

  • @greetandries99
    @greetandries99 Місяць тому +4

    Thanks Lena!! As per usual spot on

  • @to2455
    @to2455 Місяць тому +2

    Holy Sheep Dip Lena.. You’re living up to your full potential having a truly extraordinary Economist .. Prof Steve Henke..

  • @ApriliaRSV4-777
    @ApriliaRSV4-777 Місяць тому +23

    Thank you Lena 🙏♥

  • @w9sn491
    @w9sn491 Місяць тому +2

    Hanke is my favorite to speak with clarity about the economy.

  • @PaulPasteris
    @PaulPasteris Місяць тому +12

    Awesome content ❤ thank you

  • @prolific1518
    @prolific1518 Місяць тому +3

    Prof Hanke is 1 of the best listens

  • @BestFitSquareChannel
    @BestFitSquareChannel Місяць тому +5

    Thank you Dr. Hanke. Thank you Lena. Best wishes. 🌞🖖🏼

  • @Roscoe_B
    @Roscoe_B Місяць тому +4

    Fascinating guest Lena...thanks !

  • @Black_Sun_Dark_Star
    @Black_Sun_Dark_Star Місяць тому +4

    What a wise man!

  • @Laelin123
    @Laelin123 Місяць тому

    Really great dynamic between the two speakers. Thank you for your insights!

  • @kiyoshitakeda452
    @kiyoshitakeda452 Місяць тому +1

    Excellent guest. Thank you both.

  • @karlowalker4143
    @karlowalker4143 Місяць тому +2

    An excellent interview as always Lena. Thank you so much for your efforts.

  • @bernaguvenc4029
    @bernaguvenc4029 Місяць тому +7

    For better understanding I looked up what contraction is:
    The downward slope of the business cycle is called economic contraction. A contraction is a period when economic output declines. During this phase, the economy is producing fewer goods and services than it did before. When fewer goods and services are produced, fewer resources are used by firms-including labor.

  • @Justice4oneandall
    @Justice4oneandall Місяць тому

    One of your most informative videos yet. A great interview with Dr. Steve Hanke. Thank you so much for being there for all of us.

  • @yingxu7908
    @yingxu7908 Місяць тому +4

    Thank you Lena have some one
    with full knowledge and honest to your show so i can learn much from

  • @genrcflyer
    @genrcflyer Місяць тому +9

    After 2008, didn’t Bernanke say “We need to reinflate the stock and real estate markets so people will FEEL more wealthy?” Therefore borrow more money and spend it into the economy. Also did he not say that “We need to increase prices, not wages?” A recipe for disaster, and how can a 2% inflation target not be detrimental in the long run? 40 years of Reaganomics has been a disaster.

    • @Redpoppy80
      @Redpoppy80 Місяць тому +1

      America by definition is very short sighted in all things financial. It used to have slightly longer term vision but even then it was not very good. Countries like China view time and policy execution in centuries. We now view time in months. At least in our heyday, we viewed time in a decade.

  • @nickj3287
    @nickj3287 Місяць тому +1

    Thank you Lena, for making interesting content on youtube...

  • @genrcflyer
    @genrcflyer Місяць тому +9

    Contraction is not just in the money supply, it’s in that sack of potato chips that is half full of air but costs more than ever. If the trend continues, that sack of potato chips will have more air yet but you can buy it on credit with no down payment and interest free for six months.

  • @rumpoh8039
    @rumpoh8039 Місяць тому +9

    MISTER HANKIE THE CHRISTMASPOOOOO
    WE LOVE HIM
    AND HE LOVES YOU.

  • @Mtnsandoceans
    @Mtnsandoceans Місяць тому

    Mr. Hand finally mentioning the word recession you would not hear it come out of his mouth for the last two years.

  • @wendyshapiro474
    @wendyshapiro474 Місяць тому +3

    Your my maverick. Your precious information is so valuable. Thank you for your research and time. Thank you for educate me.

  • @dannyphoenix1127
    @dannyphoenix1127 Місяць тому +1

    Thank you, Lena, for the interesting interview with Mr. Hanke. I really appreciate your perspective thru the Lense of a forensic accountant. You do great work.👍👍👍❤

  • @billshuey7422
    @billshuey7422 Місяць тому +2

    Agree 100% tariffs are ONLY Geopolitical

  • @maxg4958
    @maxg4958 Місяць тому +1

    Thank you for sharing an interesting guest. Dr Hanke is on the money (pun intended). :)

  • @sigolwidearemo8575
    @sigolwidearemo8575 Місяць тому +10

    The money supply is very important.

    • @L98fiero
      @L98fiero Місяць тому +1

      The financialized economy is the problem, the money supply is only a part of that. If you listen to Prof Michael Hudson he points out that economists are trained that the system they have is the only/best one possible and solutions lay in fixing the problems of the system rather than look at a better system.

  • @MohammedKarimzai
    @MohammedKarimzai Місяць тому +1

    Thank you 🙏, Very useful information

  • @MAR-lt7xo
    @MAR-lt7xo Місяць тому +7

    I advise all US Citizens to get rid of debt as soon as possible. Convert your wealth into tangible assets; Gold, Silver, Property, Car, etc. Try to adopt a humble and simple life style. Always keep a cushion for adverse times. For those who are gifted with more wealth, the best use of that wealth is to take care of needy people in your neighborhood. A small support of one meal for the poor will be a big support in these difficult times. Unfortunately, more than 50% of US Wealth is in the hands of the top 1% and these top 1% don't want to help. Now its up to rest of the 90%, how they take things in their hands and how to use their 50% of wealth for the 99% of Amercians.

    • @theodorepage6087
      @theodorepage6087 Місяць тому +1

      You have brighten my new ,opinion of the American people, I wish you luck with,,Ireland

    • @bingliu-china
      @bingliu-china Місяць тому

      Communism can Save America. Big local tyrants divide the land. Ha ha

  • @ddprepper5227
    @ddprepper5227 Місяць тому +2

    Excellent report 👍👍👍👍👍

  • @kevinmic6740
    @kevinmic6740 Місяць тому +16

    Thanks Lena, great show, ❤ it .

  • @littlejohnjp
    @littlejohnjp Місяць тому +10

    What did they think was gonna happen with such an increase of money being injected into the system? And I’m not even an overly smart guy. Thank you for your time, interviews, and your content. Happy Sunday.

    • @grimaffiliations3671
      @grimaffiliations3671 Місяць тому +1

      inflation is around 2.2%

    • @122Neo-l4b
      @122Neo-l4b Місяць тому

      This is because the weather has been put back to normal in about 15 months, and every American ran around like a chicken with there head cut off. We've had multiple people screw our lives up in the last so many months. People need to settle the **** down.

    • @ashfield1425
      @ashfield1425 Місяць тому

      @@grimaffiliations3671Get out of here. Inflation is not 2.2%. They have beautifully manoeuvred anything that actually causes inflation out of the inflation figures. Don’t tell me you believe that it is actually 2.2%….What because the Fed told you? The same Fed that told us that inflation was ‘transitory’.

    • @grimaffiliations3671
      @grimaffiliations3671 Місяць тому

      @@122Neo-l4b ?

  • @19950toc
    @19950toc Місяць тому +9

    A moral decline equals an entire decline of all other things ALL

  • @whistleblower1238
    @whistleblower1238 Місяць тому

    Good questions, Good answers

  • @AlmaMercer
    @AlmaMercer Місяць тому +19

    Well America's going to pay heavily for all those sanctions Brics

  • @chrisupton31
    @chrisupton31 Місяць тому +1

    Hankey is right

  • @AbaddonianG
    @AbaddonianG Місяць тому +11

    Let's send a trillion dollars more to the comedian in Ukraine .

  • @ricardoavilapaulette7060
    @ricardoavilapaulette7060 Місяць тому +2

    I also think that bureaucrats making the decisions on behalf of others, and without taking any responsibility for the outcome, is a recipe for disaster. Thanks to both for the conversation.

  • @srg6532
    @srg6532 Місяць тому +4

    Here's where I have a major issue with these "experts". No tariffs means that the factories all have to leave the US. China and some of these other countries have sweat shops, extremely cheap labor, absolutely nothing for retirement, healthcare, safety on the job, etc. If we do as the "experts" say, then we will ALWAYS be buying from those with forced labor, sweatshops, etc. We would always be treating our fellow humans as trash, to be discarded when we're done with them. Also, no factories means that if a major war then we try to purchase everything somewhere else and are sitting ducks in the pond to be taken over.

    • @bingliu-china
      @bingliu-china Місяць тому +1

      China's health insurance, do not have to wait in line to go to the hospital, treatment costs only 20% of the total amount, China's male retirement age is 65 women is 60 years old, As far as sweatshops do exist, the hours are too long, about 12 hours a day

  • @briana7457
    @briana7457 Місяць тому +1

    Logical analysis, thank you.

  • @diabetesasia
    @diabetesasia Місяць тому

    Excellent 🎉 analysis

  • @Redpoppy80
    @Redpoppy80 Місяць тому +4

    Two things to add is that the Government has so badly corrupted the employment figures that ANY increase in those figures means that bad things are happening for the average American. The other thing is that hiring has all but come to a screeching halt which is another sign that bad things are happening because most businesses would prefer to hire as that means that they are growing, if they can't afford to hire then that is the business equivalent of "tightening the belt" which usually means they think a financial storm is coming.

  • @Zara-um1nx
    @Zara-um1nx Місяць тому +1

    Thank you so much ❤❤

  • @terrybrown8680
    @terrybrown8680 Місяць тому +2

    Thanks!

  • @garyworthington840
    @garyworthington840 Місяць тому +1

    Thanks!

  • @harbinger6562
    @harbinger6562 Місяць тому

    Good afternoon Lena and Dr Hanke♥️🇺🇸🦾😇🌹👋

  • @jennyohara4011
    @jennyohara4011 Місяць тому +1

    Best interview!

  • @Warhead-Vun
    @Warhead-Vun Місяць тому

    Great insight : Money supply or liquidity is a key driver for growth. Half way through I was wondering how Lena accomplished so effortlessly the transitions between talking points and the previous question and reply always had some antecendant to the next question. I wish I could do that.

  • @jishuzhou6640
    @jishuzhou6640 Місяць тому +12

    Smart thinkers cannot stop stupid politicians from making wrong decisions.

    • @cbdc4ai
      @cbdc4ai Місяць тому

      "politicians are making decisions" ... sure ...
      Which laws again?

  • @l.l.9302
    @l.l.9302 Місяць тому +2

    We are seeing the successful implementation of the Cloward- Pivens strategy.

  • @goldensun7262
    @goldensun7262 Місяць тому +1

    Nice work sis 💯 Thanks! 👍🌞

  • @peterjol
    @peterjol Місяць тому +1

    I think the best person to listen to get a good understanding of all the capitalist insanity is Professor Richard Wolff

  • @detectiveofmoneypolitics
    @detectiveofmoneypolitics Місяць тому +1

    Detective of Money Politics is following this very informative content cheers from VK3GFS and 73s from Frank and from Melbourne Australia

  • @fredrik3685
    @fredrik3685 Місяць тому +14

    If you like this channel you probably also like this one: "Inside China Businesses"

  • @user-rc7gz4ok4e
    @user-rc7gz4ok4e Місяць тому +12

    All we'll have left is a roaring stock market as the ship sinks in the North Atlantic.

  • @notchit3542
    @notchit3542 Місяць тому

    Tariffs are already killing us here in CA.

  • @susangoodman5565
    @susangoodman5565 Місяць тому +34

    Were already in a recession

    • @hz240
      @hz240 Місяць тому

      Obvious to the vast majority but expect the criminal Fed to announce the recession is cancelled after multiple cuts.
      They will continue to fudge the jobs data to give people the illusion of economic recovery.

    • @cbdc4ai
      @cbdc4ai Місяць тому

      does it even matter? ... the situation for the average family in all "western" nations points into the same direction since decades. w.t.f ...

  • @jason8434
    @jason8434 Місяць тому +2

    26:24 From a wider historical perspective, consider that the neoliberal regime in DC was a bolshevik regime, what we might call communism with Anglo-American characteristics. In the same way, China after Deng Xiaoping was neoliberal with Chinese characteristics.
    What we call "neoliberal globalization" of the 1990s was in fact Anglo-American communism i.e. a global collectivization of markets via the US Dollar. That's what holds the neoliberal empire together, and the cooperation between Beijing and DC in the 1990s was a merger of two bolshevik regimes.
    When I say bolshevik I mean it in the original sense of bolshevism as a revolution of a minority over a majority. That's what the Thatcher-Reagan revolution was, a revolution of private-property market fundamentalists over the social democratic social order of the New Deal. But neoliberalism had nothing to do with classical liberalism, as I argue it was in fact a radical collectivization of global markets via the US Dollar.
    Since 2008, we've seen a bolshevik split in the Sino-American neoliberal regime, similar to the Sino-Soviet split of the 1950s. The Russian bolsheviks of the 1990s were not integrated into the Sino-American globalization-communist regime, so they retreated into their own neoliberal oligarchy in Eurasia. This three-way bolshevism between DC, Beijing and Moscow lies at the root of today's geopolitics.
    We can't understand today's geopolitics without understanding the true nature of neoliberalism as communism with Anglo-American characteristics. I know that seems counterintuitive, but only because neoliberalism is an historical misnomer, it was not a resurrection of classical liberalism, but rather an Americanization of communism after the collapse of the USSR and the integration of China into a new world order.
    Now that the neoliberal-bolshevik regime in DC has split from the Beijing bolsheviks, the regime bigwigs (Biden, Obama, Powell, etc.) are desperately trying to preserve globalization (i.e. Angle-American communism) via a neo-industrial populism aka industrial policy. But the fundamental problem is that the social structure settlement of the New Deal has never been replaced with a new social settlement for a post-industrial society, hence the rise of the populist both on the left and right.

  • @wendyshapiro474
    @wendyshapiro474 Місяць тому +3

    Parabolic!!

  • @sankadon2538
    @sankadon2538 Місяць тому +5

    💪🍀🥳🎉thanky lena bravo 🇷🇺🤝🇱🇰

  • @kaare65
    @kaare65 Місяць тому +1

    Brilliant 👍

  • @dinsy512
    @dinsy512 Місяць тому +1

    Regarding Trump and tariffs, with Mexico he threatened 15% tariffs if they didn’t help solve the border problem, they agreed to help so he never applied the tariffs. And with China, import businesses started to look elsewhere so the Chinese government subsidised their businesses and so the US importers were charged less, which at leadt partially negated the costs of tariffs for the importers. So Trump used tariffs not so much as protectionism but as bargaining chips.

  • @tylerhill9483
    @tylerhill9483 Місяць тому +4

    Why is the stock market going higher if the money supply is contracting? Maybe their method of measuring money supply is wrong? Is something not being accounted for that contributes to money supply? Does money supply take into account debt expansion at public and private levels, shadow banking debt creation?

  • @EalDieguez-f7i
    @EalDieguez-f7i Місяць тому +31

    I'm so happy I made productive decisions about my finances that changed my life forever. I'm in my twenties living in Melbourne Australia, bought my new mansion in August and hoping to do more if things keep going smoothly for me..

    • @JohnSavage-l7i
      @JohnSavage-l7i Місяць тому

      Congratulations dear. You're really doing well for yourself, I'm 28 and my financial life is in a mess. Any great tips would really go a long way in shaping my life. I want to buy my own mansion, that's really a big flex

    • @EalDieguez-f7i
      @EalDieguez-f7i Місяць тому

      Tracy Britt Cool Consulting my financial advisor got me into investmnt. Two yrs down the line, my managed portfolio with Tracy generates about 5k a month on average. Not real big, but enough for me to get by

    • @SueliPavlenko
      @SueliPavlenko Місяць тому

      I'm thinking of getting into investing but feel a bit lost and confused. Any friendly advice or contacts you recommend for guidance?

    • @ClemensGoermer
      @ClemensGoermer Місяць тому

      It's a wise idea to seek expert advice when you're setting up an investment portfolio because it can be a bit complicated.

    • @EalDieguez-f7i
      @EalDieguez-f7i Місяць тому +1

      Getting advice & guidance from financial experts like

  • @pekkarousu3616
    @pekkarousu3616 Місяць тому +3

    M2 decreased from April 2022 to October 2023 from 21.7 to 20.7 trn = 4.6% in 18 months. Since then increased to 21.2 trn (2.4%) in August in 10 months. In January 2025 M2 is probably 21.7 trn again. A strange cycle of 26 months with a historic decline and then increase again. Since it takes a little while before prices shoot up there will be higher price growth, ie inflation will get higher again.

  • @mikehernandez264
    @mikehernandez264 Місяць тому +1

    Thanks for sharing this information The Hernandez Family Colorado

  • @sigolwidearemo8575
    @sigolwidearemo8575 Місяць тому +9

    Tarrif is protective which is wrong for USA economy.

    • @Kg-yl5vy
      @Kg-yl5vy Місяць тому

      Why? Honestly I can't figure how the USA can continue to count on other countries to meet our needs and at the same time seeking to improve American life.

  • @andrew69novak
    @andrew69novak Місяць тому +2

    The next time you talk with this gentleman you should ask him to explain the Cantillon effect and if different people suffer the consequences if it is reversed during a contraction. Being a moniterist he should have some definite opinions about the matter.

  • @bitcoinpoemspro1406
    @bitcoinpoemspro1406 Місяць тому +2

    Easy to be a monetarist with Bitcoin as the money issuance is known. Thanks for your expertise.

  • @franklintejeda3472
    @franklintejeda3472 Місяць тому +16

    There's no way out, the stock market will drop at 35% next year not to mention the housing market.

    • @wlonsdale1
      @wlonsdale1 Місяць тому +1

      And they'll blame Trump

    • @genrcflyer
      @genrcflyer Місяць тому +3

      I’m buying gold and storing it in my teeth.

    • @yingxu7908
      @yingxu7908 Місяць тому

      @@wlonsdale1Trump blames China and he is the best ?

    • @franklintejeda3472
      @franklintejeda3472 Місяць тому +1

      @@wlonsdale1 exactly

  • @westra4
    @westra4 Місяць тому +2

    Thx

  • @rayhetherington7989
    @rayhetherington7989 Місяць тому

    Bless you 🙏🙏🙏

  • @thevindictive6145
    @thevindictive6145 Місяць тому +2

    American economy is like a casino, mostly financial gains with little manufacturing gains. It can only go so far. Losing its reserve currency status with a 35 trillion in debt at the same time is gonna be one very wild ride, simple because there is not much flexibility to make positive changes to avoid a collapse.

  • @GarryCollins-u3k
    @GarryCollins-u3k Місяць тому +1

    The recession is a very conservative outlook for whats really coming.

  • @xhevahireganija29
    @xhevahireganija29 Місяць тому +2

    Lena! ❤