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18min chapter
Will the Overinflated U.S. Finance Bubble Burst?
The Socialist Program with Brian Becker
The Fragile Finance Bubble
This chapter examines the troubling shift in U.S. economic reporting from the production of goods to financial speculation, warning of the risks associated with an inflated stock market bubble. It discusses the implications of this bubble's potential burst, particularly focusing on the repercussions for the working class and broader society. The chapter also explores global economic dynamics, including the impact of U.S. sanctions on foreign markets and the necessity for collective action to address these challenges.
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