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Interest rates in the housing market are now over 7%. Inflation is not “cooling”; people are just unable to spend and take on debt. Instead of focusing on a stable currency, the Fed is trying to manipulate the market by applying pain and pressure on Americans. The issue remains, the costs are not coming down, and wages are not adjusting.
With a Great Recession on the horizon America and the global economy are weakened. The mid-term elections will likely be the timeline for when we can expect to feel the full pressure of the global economy. Americans are insulated until 2023, but will likely need a plan for the following 18 months.
In today’s episode, I address the Fed and the Nordstream pipeline “sabotage.”