3min chapter

Panic with Friends - Howard Lindzon cover image

Jan van Eck of VanEck Funds on Global Markets, Deglobalization, and Rising Interest Rates (EP.228)

Panic with Friends - Howard Lindzon

CHAPTER

Is the Federal Government Piling on Debt?

Howard Kurtz: Where are the headlines of higher unemployment rates? It's November of 2022, right? You would have thought that if the Fed stuff was kicking in, you'd start to have unemployment rates start going up. We have a weird labor market, right? Because of COVID too, people have just changed how they want to work and all other kinds of things. And I feel like low wages could persist because this country's so big. But our labor markets haven't loosened up. So debt. People have been worried about the debt forever. That's not really what I'm talking about. I'm just saying, wow, that's a really, really big bill.

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