Today’s show provides a review of the main events and developments for the USA and global economies—as well a review of the major political events of the past year. Included are US, Europe and other economies’ central bank (interest rate hike) policy shifts and their effects; the global currency crises unleashed; USA fiscal policy shift from Covid relief to subsidizing corporate investment Acts (Infrastructure, Chip & Inflation Reduction trio acts); sanctions on Russia & Ukraine; China Covid policy shift; escalating US-Europe-Japan war spending; and the continuing slide into recession in the US & G7 economies. Political analysis focuses on the developments in the Ukraine war; US midterm elections; US attempts to provoke China over Taiwan; and the US January 6 political theater and refusal by Biden administration to indict Trump. (Next week’s show will address Predictions for 2023: Economic and Political. So tune in)
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