Peter St Onge Podcast

Ep 74 Roundup: Unemployment Jumps

Aug 12, 2024
Unemployment has surged to 4.3%, with most Americans believing we're in a recession. Japan's carrying trade is in jeopardy, and market fluctuations raise fears reminiscent of 1987 and 2008. Household debt has skyrocketed to a staggering $17.8 trillion, indicating potential economic peril. The discussion covers alarming economic forecasts, including the impact of inflation and government policies on job creation, revealing a troubling snapshot of today's financial landscape.
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