1. “THE US FISCAL-MONETARY CRISIS INTENSIFIES” - 10/02/13
Dr. Jack Rasmus provides his analysis on the current government shutdown and the repeat of the debt ceiling crisis coming by mid-October and their possible negative impacts on the economy. Rasmus then considers the ‘other policy crisis’–i.e. the US Federal Reserve’s QE and zero interest rate monetary policies. He explains why US monetary policy has also entered a crisis stage in recent months–i.e. proving increasingly ineffective at stimulating the real economy while simultaneously generating financial bubbles. QE and austerity policies elsewhere in the world are discussed, with similar counterproductive effects on the real economy. Rasmus concludes the US and global economy is now entering a period of growing ineffectiveness of traditional fiscal-monetary policies generating a sustained economic recovery, at a time during which the US and global economies continue to slow or stagnate long term.
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2. “JACK RASMUS’S PRESENTATION ON THE STATE OF THE GLOBAL ECONOMY” - 9/14/13
Dr. Jack Rasmus presents his latest update on the condition of the US and global economies as of late summer 2013. Addressed are the struggling US economic recovery, the stagnating Eurozone, the slowing of the Chinese economy, and prospects for the BRICS, the BITTS, and Japan. Jack provides a critique of monetary policies of central banks worldwide, led by US quantitative easing (QE) and zero-bound interest rate policies. Jack argues that global QE is now proving increasingly counter-productive to growth, generating more speculative bubbles, and, as it continues, is rendering investors increasingly dependent upon and addicted to free money policies of central banks. On the fiscal policy side, various forms and degrees of ‘austerity’ continue to hold back global growth and recovery as well. Future scenarios for the US and other key sectors of the global economy (China, Eurozone, UK, Japan, Emerging Markets) are offered and predictions made.
LISTEN TO THE FULL 70MIN. SHOW ON THE ‘INTERVIEWS’ TAB ON THE KYKLOSPRODUCTIONS.COM WEBSITE AT: