Mexico’s Emergency Rate Cut Sends a MAJOR Global Warning

Steve Van Metre, an expert in economics and finance, delves into Mexico's recent emergency rate cut and its global implications. He discusses the ineffectiveness of central banks' monetary policies in reversing economic decline, particularly in light of consumer confidence plummeting. The conversation highlights the interplay between rising inflation and stagnant wages, as well as the impact of slowing growth on household stability. Van Metre raises critical questions about consumer sentiment and the overall outlook for economic recovery.