U.S. Economy Collapsing - What Will It Mean For You
U.S. Economy Collapsing - What Will It Mean For You
August 7, 2024
Geopolitical Trends, with Dr. David Oualaalou
With unprecedented economic inequality and massive overspending on military expansion, the U.S. looks more like 476 CE Rome!
The S&P 500 closed down 3%, while the tech-heavy Nasdaq composite dropped 3.4% and the Dow Jones Industrial Average fell 2.6%. It was the biggest daily drop for the S&P and Dow since September 2022.
The rise in unemployment has rekindled worries a recession may be in the offing that would dash the Federal Reserve's hoped-for soft landing for the economy.
Yet, our dysfunctional Government & corrupted Congress keep lying to the American people, let alone sending our Tax dollars abroad mainly to corrupted Ukraine and dysfunctional Israel.
Now we know why the U.S. empire is crumbling before our eyes!
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Original: https://youtu.be/sMA7zrFpNHM
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Welcome to Geopolitical Trends!
You ask yourself: Does Geopolitics matter to me? How does it impact my daily life? In this channel, I provide you insights you'll not get anywhere else & help you make sense of what's going on globally. The bottom line: The World today resembles the one of pre-WWI: Multipolar with rising & falling major powers – the very sort of world geopolitics was invented to analyze.
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