Title: These 5 Flashpoints Could Cause “Exponential” Volatility on Economy Warns Nomi Prins Source:
[None] URL Source:https://www.youtube.com/watch?v=oDxlUx--S-Q Published:Jan 31, 2024 Author:Daniela Cambone Post Date:2024-01-31 14:02:45 by Horse Keywords:None Views:18
Poster Comment:
Bank Term lending program supposed to end March 11th. The FED will extend that program.
Layoffs a problem. Record consumer debt levels and at higher interest rates. Credit cards being used to pay for medical care, food and utilities. Retailers also extending more credit.
Lithium, copper and rare earths will be in short supply.
Election year pressure will push for inflation and low interest rates. Nomi thinks Powell will resist inflating the economy. Might cut rates this summer.