Alternative Visions- Ukraine: Political Fallout from Failing Offensive + UAW Strike + Fed Rates & Govt Shutdown
As Ukraine’s Failed Offensive becomes increasingly obvious, political repercussions are being felt in the US, Ukraine and Europe. Half of UN delegates refuse to show up for Zelensky’s speech; 32 House Reps and 6 Republican Senators go on record they won’t support more Ukraine war aid; Zelensky feuds with Poland over grain shipments & Poland’s president says Poland won’t send more weapons to Ukraine; Zelensky gives interview to Economist magazine threatening Europe with angry Ukrainian refugees; Biden tells Zelensky US will send only a few ATACMS missiles and not now. US Ukraine war policy is clearly about to shift as Biden admin. seeks a freeze in the conflict during 2024 election year as US faces $1.5T deficit for 2023 and rising debt. Dr. Rasmus summarizes the economic and political legacies of the Ukraine war. The show then discusses the latest events in the UAW strike and negotiations, explains why the Fed paused rate hikes despite rising inflation again, and why a govt shutdown later this year is growing increasingly likely this time around as Republican House ‘Freedom Caucus’ slaps down House Speaker McCarthy’s latest attempt to exempt Defense Dept. and War spending from budget cuts.
Create your
podcast in
minutes
It is Free