New Recession Coming in June - Gordon T. Long #5741

New Recession Coming in June - Gordon T. Long #5741

By Kerry Lutz

Summary:
Despite news about about mass layoffs and declining job numbers, we still saw a stellar labor report last month. What can we gather from these manipulated statistics? Gordon T. Long joins us in this episode to shed some light on the confusing circumstances—consisting of employment numbers so large that feelings about whether or not the Fed was going to pivot (and how soon) reversed entirely. It’s clear that they’re pushing a false narrative, and despite big goals to lower inflation, we will be lucky to get it down to 4%. Furthermore, economic factors such as globalization, financialization, and mercantilism have all endured massive changes—priming us for an era of stagnation. Tune in for more expert insight.  Useful Links:
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