What is the state of the US working class in terms of jobs, wages, etc. as of Labor Day 2026? The picture per latest US jobs report for August 2026. Wages. What's the emerging impact of AI on the American Working Class? Not just in terms of job loss but in conditions of work. What is 'Agentic AI" now doing to the work force? Show continues with Treasury Secretary Scott Bessent's last week interventions in the global currency and US bond markets, the chaos results in the recent G20 finance ministers meeting and latest claim the US will 'grow' out of its current $40 trillion debt crisis. What's the actual record of US GDP growth long term?
What is the state of the US working class in terms of jobs, wages, etc. as of Labor Day 2026? The picture per latest US jobs report for August 2026. Wages. What's the emerging impact of AI on the American Working Class? Not just in terms of job loss but in conditions of work. What is 'Agentic AI" now doing to the work force? Show continues with Treasury Secretary Scott Bessent's last week interventions in the global currency and US bond markets, the chaos results in the recent G20 finance ministers meeting and latest claim the US will 'grow' out of its current $40 trillion debt crisis. What's the actual record of US GDP growth long term?
Today's show takes up the topic of the American Empire in decline. It's the first summary preview of my forthcoming book, available in early September, "The Twilight of American Imperialism", Clarity Press, 2026. What does it mean to say 'decline'? What are the indicators? They're not just geopolitical—i.e. rise of BRICS, lost US wars, disputes with allies, fracturing military alliances, etc. All empires run on money and the American is running out of enough to fund the accelerating costs of empire. It is now experiencing an accelerating financial crisis as costs of Empire accelerate faster than revenues to fund it. As a result, the empire's Practices have begun to fail and its Institutions under-perform. The book covers the period 1992 through 2026, focusing in large part on Trump 2025-26 and policies now accelerating the decline. Today's show concludes by revisiting the crisis in the US Treasury market—the main means for debt financing of the Empire--emerging in recent weeks and explains how it is related to the main theme of the book.
Today's show takes up the topic of the American Empire in decline. It's the first summary preview of my forthcoming book, available in early September, "The Twilight of American Imperialism", Clarity Press, 2026. What does it mean to say 'decline'? What are the indicators? They're not just geopolitical—i.e. rise of BRICS, lost US wars, disputes with allies, fracturing military alliances, etc. All empires run on money and the American is running out of enough to fund the accelerating costs of empire. It is now experiencing an accelerating financial crisis as costs of Empire accelerate faster than revenues to fund it. As a result, the empire's Practices have begun to fail and its Institutions under-perform. The book covers the period 1992 through 2026, focusing in large part on Trump 2025-26 and policies now accelerating the decline. Today's show concludes by revisiting the crisis in the US Treasury market—the main means for debt financing of the Empire--emerging in recent weeks and explains how it is related to the main theme of the book.
US Treasury Bonds Dumping Worldwide: Latest Financial Market Instability Event?
Following recent weeks crisis in the Yen carry trade and Japan and US governments' intervention, this past week US 30 yr. Government bond rates surged past 5% to rates just below the 2007 crash. What's behind it? After the AI stock bubble, legacy software companies' implosion, private credit market and gold, silver, crypto price crashes, is the 30 Yr. Bond another reflection of increasing US and global financial markets' instability? What's the cause? Inflation? US $40 trillion government debt? AI corporate bubble and record debt crowding out government debt servicing? Why the US is approaching a crisis in inability to finance its massive debt with Treasury securities sales. Why the Empire is going broke!
US Treasury Bonds Dumping Worldwide: Latest Financial Market Instability Event?
Following recent weeks crisis in the Yen carry trade and Japan and US governments' intervention, this past week US 30 yr. Government bond rates surged past 5% to rates just below the 2007 crash. What's behind it? After the AI stock bubble, legacy software companies' implosion, private credit market and gold, silver, crypto price crashes, is the 30 Yr. Bond another reflection of increasing US and global financial markets' instability? What's the cause? Inflation? US $40 trillion government debt? AI corporate bubble and record debt crowding out government debt servicing? Why the US is approaching a crisis in inability to finance its massive debt with Treasury securities sales. Why the Empire is going broke!
What's behind Japan and the US Treasury intervening to buy Yen? Will Japan join China in dumping US Treasury bonds? Who'll make up the loss this time? What it means for the US deficit and Fed interest rates.
The AI bubble: more evidence of fragility as competition intensifies internally and from China. How China's openAI and Deepseek AI model is destabilizing the AI market. Show concludes with latest on Iran and Ukraine wars: why Trump TACO-ed again and Iran's deal with Oman to open the strait of Hormuz on its terms. Why the US can't even get a proxy war going in the region. Finally, what are the facts behind the western media propaganda campaign that Russia's losing the war in Ukraine.
What's behind Japan and the US Treasury intervening to buy Yen? Will Japan join China in dumping US Treasury bonds? Who'll make up the loss this time? What it means for the US deficit and Fed interest rates.
The AI bubble: more evidence of fragility as competition intensifies internally and from China. How China's openAI and Deepseek AI model is destabilizing the AI market. Show concludes with latest on Iran and Ukraine wars: why Trump TACO-ed again and Iran's deal with Oman to open the strait of Hormuz on its terms. Why the US can't even get a proxy war going in the region. Finally, what are the facts behind the western media propaganda campaign that Russia's losing the war in Ukraine.
A Greater Eurasian War? + latest US GDP and AI bubble
Why the Iran and Ukraine wars are leading to a merging of the conflicts and a 'greater Eurasian war'. Iran and Ukraine 2026 are not unlike Spain and China 1937. Today's show discusses at length the latest developments in both the Iran and Ukraine conflicts and why they are both escalating. Why Iran and Russia have given up on negotiations with Trump and the 'west'. Why the wars are spreading. Why the Europeans want and need the war to continue. Trump's latest flip flop in favor of Ukraine and search for proxies in Iran. The Empire's deceptions of Anchorage and the MOU. Show concludes with discussion of latest US GDP figures of only 1.5% growth (actually 1%) and latest developments in AI bubble.
A Greater Eurasian War? + latest US GDP and AI bubble
Why the Iran and Ukraine wars are leading to a merging of the conflicts and a 'greater Eurasian war'. Iran and Ukraine 2026 are not unlike Spain and China 1937. Today's show discusses at length the latest developments in both the Iran and Ukraine conflicts and why they are both escalating. Why Iran and Russia have given up on negotiations with Trump and the 'west'. Why the wars are spreading. Why the Europeans want and need the war to continue. Trump's latest flip flop in favor of Ukraine and search for proxies in Iran. The Empire's deceptions of Anchorage and the MOU. Show concludes with discussion of latest US GDP figures of only 1.5% growth (actually 1%) and latest developments in AI bubble.
Scenario for US Economy 2026-28 + Updates on Iran and Ukraine Escalations
Today's show focuses on likeliest scenario for US economy under Trump's remaining term, including Pentagon and total US war spending, non-defense spending cuts, deficits, national debt, interest payments on the debt, tariffs, inflation, Fed interest rates, financial markets, real GDP and wages, and likely forecast of recession after 2026. Also updates on why the MOU with Iran collapsed and why Trump now sides with Europe and Ukraine favoring further escalation of war in Ukraine.
Scenario for US Economy 2026-28 + Updates on Iran and Ukraine Escalations
Today's show focuses on likeliest scenario for US economy under Trump's remaining term, including Pentagon and total US war spending, non-defense spending cuts, deficits, national debt, interest payments on the debt, tariffs, inflation, Fed interest rates, financial markets, real GDP and wages, and likely forecast of recession after 2026. Also updates on why the MOU with Iran collapsed and why Trump now sides with Europe and Ukraine favoring further escalation of war in Ukraine.
Today's show focuses on the Neocon/Trump strategy to escalate the war with Russia. Why the August 2025 Anchorage agreement between Trump and Putin was just a PR event. And why Trump's MOU with Iran last month was also just a tactical deception as well. The Empire's two forever wars now continue. What's behind the recent gains by Social Democrats in recent Dem party primaries and how both the Dem party leaders and Trump are gearing up to stop it.
Today's show focuses on the Neocon/Trump strategy to escalate the war with Russia. Why the August 2025 Anchorage agreement between Trump and Putin was just a PR event. And why Trump's MOU with Iran last month was also just a tactical deception as well. The Empire's two forever wars now continue. What's behind the recent gains by Social Democrats in recent Dem party primaries and how both the Dem party leaders and Trump are gearing up to stop it.
Today's show reviews the recent 'deal' announcement for ceasefire in the Iran war. What's a 'deal'. This is just an MOU, an outline of items to be negotiated over next 60 days. A framework for negotiation. Is it the beginning of US retreat from middle east? Why did the regime change fail. How do regime change ops succeed? Why not Iran. Takeaways from the 'deal'. Economic fallouts for US: inflation. Military spending. Austerity. US growth. Global economy impacts to come
Today's show reviews the recent 'deal' announcement for ceasefire in the Iran war. What's a 'deal'. This is just an MOU, an outline of items to be negotiated over next 60 days. A framework for negotiation. Is it the beginning of US retreat from middle east? Why did the regime change fail. How do regime change ops succeed? Why not Iran. Takeaways from the 'deal'. Economic fallouts for US: inflation. Military spending. Austerity. US growth. Global economy impacts to come
A detailed look at the latest May inflation and jobs reports. What's behind the legacy media headline reporting? What US oil CEOs are saying about global oil supply and prices. August jobs adjustments coming. Hourly wages trends. AI and stock bubbles' volatility continuing. AI threats to cyber security. Latest GDP forecasts. Updates to Iran and Ukraine wars deteriorating
A detailed look at the latest May inflation and jobs reports. What's behind the legacy media headline reporting? What US oil CEOs are saying about global oil supply and prices. August jobs adjustments coming. Hourly wages trends. AI and stock bubbles' volatility continuing. AI threats to cyber security. Latest GDP forecasts. Updates to Iran and Ukraine wars deteriorating
Our update on the instability of the private credit financial markets continues as concern spreads to insurance industries now. Regulators start looking at it. Meanwhile, credit card debt rises to $1.25 trillion. How credit cards are linked to private credit. The real unemployment rate after the collapse in the labor force participation rate is considered. Trump's new tariffs. A radical Fed coming? Iran and Ukraine war updates.
Our update on the instability of the private credit financial markets continues as concern spreads to insurance industries now. Regulators start looking at it. Meanwhile, credit card debt rises to $1.25 trillion. How credit cards are linked to private credit. The real unemployment rate after the collapse in the labor force participation rate is considered. Trump's new tariffs. A radical Fed coming? Iran and Ukraine war updates.
Today's show starts with review of latest US GDP, inflation and income numbers showing inflation accelerating and GDP slowing sharply in latest 2nd GDP numbers. Rest of show focuses on dangerous new events in the Ukraine war as Europe pushes drone attacks deep inside Russia and Russia public opinion demands more aggressive action by Putin. Russia warns 'get out of Kiev' as something big coming soon. Russia talks directly about attacking Baltics sites where drones are being launched into northern Russia and warns will target drone production in the EU. EU NATO political leaders keep saying they're preparing for war with Russia inevitably by 2030.
Today's show starts with review of latest US GDP, inflation and income numbers showing inflation accelerating and GDP slowing sharply in latest 2nd GDP numbers. Rest of show focuses on dangerous new events in the Ukraine war as Europe pushes drone attacks deep inside Russia and Russia public opinion demands more aggressive action by Putin. Russia warns 'get out of Kiev' as something big coming soon. Russia talks directly about attacking Baltics sites where drones are being launched into northern Russia and warns will target drone production in the EU. EU NATO political leaders keep saying they're preparing for war with Russia inevitably by 2030.
What's happening to bonds in US and global as interest rates surge to 2007 and 2023 levels precipitating financial crash events? Bond markets way bigger and more important than stock markets. Iran war re-escalation expectations by investors, with more inflation and Federal Reserve expected to start raising interest rates again. Consequences for stocks, especially AI bubble. What's impact of Trump's just preventing all controls on AI negative impacts on jobs, autonomous weapons development, political system legitimacy (and his family's AI investments?). Trump's IRS deal. Cuba next regime change before US elections.
What's happening to bonds in US and global as interest rates surge to 2007 and 2023 levels precipitating financial crash events? Bond markets way bigger and more important than stock markets. Iran war re-escalation expectations by investors, with more inflation and Federal Reserve expected to start raising interest rates again. Consequences for stocks, especially AI bubble. What's impact of Trump's just preventing all controls on AI negative impacts on jobs, autonomous weapons development, political system legitimacy (and his family's AI investments?). Trump's IRS deal. Cuba next regime change before US elections.
Trump and an entourage of 2 dozen big US corp CEOs, mostly big Tech, went to China this week. What was it about? (Not Iran or Taiwan!). New York mayor, Mamdani, falls in line with the Democrats. Why no big tax increase on the rich as he promised. Latest on Trump's plan for Cuba regime change. Why Russia may extend war to Europe war production. Inflation vs. wages latest data. US gerrymander wars may help Trump keep control of Congress (and why Democrats are being outmaneuvering...Again.
Trump and an entourage of 2 dozen big US corp CEOs, mostly big Tech, went to China this week. What was it about? (Not Iran or Taiwan!). New York mayor, Mamdani, falls in line with the Democrats. Why no big tax increase on the rich as he promised. Latest on Trump's plan for Cuba regime change. Why Russia may extend war to Europe war production. Inflation vs. wages latest data. US gerrymander wars may help Trump keep control of Congress (and why Democrats are being outmaneuvering...Again.
Trump's nexus of personal corruption with UAE and Gulf states becoming increasingly clear as latest deals between his Crypto company, 'World Liberty Financial', and UAE's sheik MGX company strike deals. How Trump personally benefits. How Trump's Iran war announcements create volatility in energy stocks sales worth $7B since war began. Update on why 'Project Freedom' collapsed in 36 hours, Trump's targeting of Cuba after Iran, US courts reject Trump's 2nd Tariff plans. Latest on US credit card debt and why AI bubble won't produce real profits for most companies.
Trump's nexus of personal corruption with UAE and Gulf states becoming increasingly clear as latest deals between his Crypto company, 'World Liberty Financial', and UAE's sheik MGX company strike deals. How Trump personally benefits. How Trump's Iran war announcements create volatility in energy stocks sales worth $7B since war began. Update on why 'Project Freedom' collapsed in 36 hours, Trump's targeting of Cuba after Iran, US courts reject Trump's 2nd Tariff plans. Latest on US credit card debt and why AI bubble won't produce real profits for most companies.
Today's show reviews latest US GDP numbers showing mostly driven by AI investing and top 10% consumers' spending. History of GDP from 2020 covid recession to the present. Why after $10 trillion fiscal-monetary stimulus we're still getting only a 2% annual growth rate. Show also discusses Fed chair Powell's decision to remain and implications for interest rate policy. AI boom latest numbers. Why the US empire cannot continue as structured and why Trump will bomb the hell out of Iran and declare victory and leave, much like Nixon did in Vietnam in 1972-73
Today's show reviews latest US GDP numbers showing mostly driven by AI investing and top 10% consumers' spending. History of GDP from 2020 covid recession to the present. Why after $10 trillion fiscal-monetary stimulus we're still getting only a 2% annual growth rate. Show also discusses Fed chair Powell's decision to remain and implications for interest rate policy. AI boom latest numbers. Why the US empire cannot continue as structured and why Trump will bomb the hell out of Iran and declare victory and leave, much like Nixon did in Vietnam in 1972-73
Talk is growing globally of the negative impacts of the Iran War on the US and global economies. The US and Iran appear to have settled into a longer term conflict, as Trump will likely escalated the conflict inevitably over the next four weeks. The long term impacts on global and US GDP are considered. On the fate of the Petrodollar. Asian and EU economies. The multiple impacts on US inflation. The first full month, March, of the war is compared to the February US economy. What's the outlook for US deficits and debt. Financial markets. Jobs.
Talk is growing globally of the negative impacts of the Iran War on the US and global economies. The US and Iran appear to have settled into a longer term conflict, as Trump will likely escalated the conflict inevitably over the next four weeks. The long term impacts on global and US GDP are considered. On the fate of the Petrodollar. Asian and EU economies. The multiple impacts on US inflation. The first full month, March, of the war is compared to the February US economy. What's the outlook for US deficits and debt. Financial markets. Jobs.
Latest news on Trump's attack on the Fed, the US military industry complex short of weapons, and AI job bloodbath now accelerating. Update on Iran war negotiations: Trump's lies on Hormuz and events of the past week.
Latest news on Trump's attack on the Fed, the US military industry complex short of weapons, and AI job bloodbath now accelerating. Update on Iran war negotiations: Trump's lies on Hormuz and events of the past week.
Today's show revisits the continuing instability in the private credit of the US financial system. Is the fragility steadily getting worse? Latest US inflation stats and jobs numbers. Update on the ceasefire in Iran that isn't and why the hot war and economic destabilization will renew after 2 weeks.
Today's show revisits the continuing instability in the private credit of the US financial system. Is the fragility steadily getting worse? Latest US inflation stats and jobs numbers. Update on the ceasefire in Iran that isn't and why the hot war and economic destabilization will renew after 2 weeks.
Trump's talk to the nation this week he promised to destroy Iran's civilian infrastructure next two weeks and blast them 'back to the stone age'. Oil and stock markets plummeted. Direct costs per day continued past $70 billion. Will he go 'TACO' or send US troops into a ground war? Either way, the broader economic costs will almost certainly push the US, and possibly, global economy into recession. Today's show explains why. Simultaneously shadow banks in US slide toward instability as the private credit market instability worsens.
Trump's talk to the nation this week he promised to destroy Iran's civilian infrastructure next two weeks and blast them 'back to the stone age'. Oil and stock markets plummeted. Direct costs per day continued past $70 billion. Will he go 'TACO' or send US troops into a ground war? Either way, the broader economic costs will almost certainly push the US, and possibly, global economy into recession. Today's show explains why. Simultaneously shadow banks in US slide toward instability as the private credit market instability worsens.
