Alternative Visions – Economic Predictions Review 2013-14 & New Predictions 2014-15 – 08/23/14

Dr. Jack Rasmus reviews his predictions for the US and global economy made June 2013 in ‘Z’ magazine, and makes new predictions for the US and global economy for the coming 12 months.  Review of 2013-14 include forecasts for recessions, US Federal Reserve policy, US tax legislation, housing recovery, manufacturing, jobs and wages, Europe’s bank and debt crises, China GDP, global trade, Japan’s ‘Abenomics’ policy introduction, the convergence of capitalist policy worldwide, and the Ukraine economy (made in early 2013). For the coming year: Federal Reserve interest rates, US tax cuts,  US stock and junk bond markets, Europe’s Central Bank and QE, Euro banking instability, wage compression and austerity policy in Europe, China stimulus, currency and challenges to the USA,the future of Japan’s ‘Abenomics and instability in Emerging Market economies