The Feds' incredible interest rate error caused a recession in the consumer goods industry. Cost to ship a container from China dropped below the trend line. Seven months later, a transportation recession occurred. Food production within North America went down significantly. Grocery prices skyrocketed. Stay tuned for part two: Predictions for 2023.
Mark and Walter discuss the history of recession cycles and why does an oversupply of goods cause recessions. For more information on North Point...
In this episode, Mark Hall and Dr. Walter Kemmsies discuss Inflation Reduction Act (IRA) and the failure of a four year college degree and...
China’s debt to GDP ration is 297%. Some of the increase in debt is because of the belt and road initiative. They lent money...