The stock market crashed on August 5, in a new "Black Monday". What caused it? Is the USA on the verge of a new financial crisis? Ben Norton is joined by economist Michael Hudson to discuss the extreme volatility, AI / Big Tech bubble, Japanese yen carry trade unwind, Chinese economy, and geopolitical dangers.
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Yesterday
This is the real reason for Trump's visit to China
Donald Trump took a trip to China to meet President Xi Jinping. He was joined by the CEOs of a dozen top US corporations, including billionaires Elon Musk, Jensen Huang of Nvidia, Tim Cook of Apple, Larry Fink of BlackRock, and Stephen Schwarzman of Blackstone. Ben Norton explain ... Show More
31m 21s
May 10
Media admits: Iran destroyed US military bases, USA running out of missiles, war costs $1 TRILLION
Donald Trump claims Iran has been "militarily defeated", but many reports have come out showing this to be a lie. Tehran destroyed the majority of US military bases in West Asia (aka the Middle East), and Iran still maintains most of its missile capabilities. Meanwhile, experts e ... Show More
20m 10s
May 4
Trump boasts USA acts 'like pirates', as China challenges US sanctions on Iran
Donald Trump boasted that the US government acts "like pirates", seizing Iran's ships and oil. "It's a very profitable business", he said. Meanwhile, Beijing is openly resisting Washington's sanctions against Chinese companies for trading with Iran. China has ordered all domestic ... Show More
21m 8s
Oct 2024
10-10-24 Rising Volatility, China Stimulus, & Storms' Economic Surge - What They Mean For Portfolios
All was not hunky-dory in the recent Fed meeting, as the FOMC Meeting minutes reveal a split-decision on lowering rates by 50-bps vs 25-bps. Meanwhile, in the markets, the S&P is having its Best Year Ever since the "turn of the century." The current, rising wedge is both a bullis ... Show More
46m 29s
Jul 2024
China Is Exporting Unemployment | Michael Pettis on Global Trade Imbalances, American Capital Controls, and the End of The Chinese Growth Miracle
Forward Guidance is sponsored by VanEck. Learn more about the VanEck Morningstar Wide MOAT ETF (MOAT) at https://vaneck.com/MOATFG.
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1h 31m
Aug 2024
Michael Drury on China's Trillion Dollar Secret and Why The U.S. Is Not Headed Imminently Into A Recession
This interview with Michael Drury explores how China’s problems affect the global economy, its economic advantages, and where it spends its trillion-dollar surplus. We also discuss the US economy’s resilience, why Michael doesn’t see a recession, and much more.
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1h 17m
Aug 2021
Peter Schiff: Bitcoin, Gold and Our Fragile Inflated Economy
<p>Peter Schiff is an honorary chairman of SchiffGold, founder of Euro Pacific Asset Management, and host of The Peter Schiff Show. He is an economic forecaster & investment advisor influenced by the free-market Austrian School of economics. His best-selling book, "The Real Crash ... Show More
1h 47m