Alternative Visions
Dr. Jack Rasmus will focus on today’s continuing crisis in the U.S. and global economies.
Episodes
Today's show reviews the performance of the US economy the past year. Topics covered include actual inflation, jobs and likely GDP numbers. Special focus on Trump's 2 main economic initiatives: the $5 trillion tax cut package and Trump tariffs offensive. What have been the actual impact of both thus far? Likely impact in 2026 and beyond? Trump monetary policy browbeating the Federal Reserve to lower interest rates. Why neither corp...
Today's show focuses on the details and directions for the US Empire revealed in Trump's just released 'National Security Strategy of the USA' document. Is the US Empire re-orienting and restructuring? IF so where? A detailed look and analysis of the document, including its new priority and focus on the Western Hemisphere, a longer term focus on Asia-China-Taiwan, and its criticism of Europe and NATO. The document confirms Trump e...
The latest trends in US financial asset bubbles (cryptos, gold-silver, Stocks, AI) and what's happening in the real US economy 4th quarter: latest consumer spending stats, manufacturing PMIs, GDP forecasts, etc. Trump moves to boost auto and drug company profits. Will the Fed cut rates in December? Real GDP now flat or declining. Show then discusses latest Europe efforts to grab $160B Russian assets to fund Ukraine and why it's fai...
Today's show goes into more depth discussion on the topic of financial asset bubbles churning in recent days: Bitcoin, Gold, Stocks, AI as cryptos fall 30% and warnings appear in high places (Dimon, Google, etc) about AI bubble. Hedge funds, auto, credit cards, CRE, private credit, bankruptcies, junk bonds, leveraged loans, etc. in trouble. The show updates latest Ukraine war with Trump's new 28 pt. Plan and Venezuela attack approa...
How debt and securitization in US property (CRE, etc) is creating classic 2008 bust potential. Financial markets volatility sign of bubble top? Latest data on US real economy. Venezuela as Trump's 3rd War. Will US invade? Likely scenarios next 60 days. Venezuela, Russia, China responses? California-Texas gerrymandering as harbinger of more US democracy decline. Mamdani's NY victory
Today's show discusses the Four financial bubbles now growing same time: Gold prices doubled last18 months. Bitcoin up 160%+. S&P, Dow, Nasdaq stock markets up more than 50%. What's driving it? AI, US sanctions, -10% fall of the US dollar, and global economic slowdown. Show explains AI boom and stocks surge due to speculative investing in just 7 largest Tech corps. AI boom now 17X larger than 2000 Internet boom. AI responsible...
Consumer spending = 2/3s US economy but now hitting a wall. After tax wages down 50% in 2025 from 2024. Botton 1/3 households income gains lowest since 2016. Top 10% households (>$250k/yr) now account for 49% of all consumer spending. Will worsen as unemployment surges, inflation resumes, and $1T in health ACA & Medicaid subsidies for 22.4m ends. Why Fed 0.25% token rate cut won't help. Show next discusses how US president...
Today's show discusses several economic reports indicating US economy is entering a period of instability. Labor Dept. reports 911,000 fewer jobs were created March 24-March 25 (before summer jobs crash) than were reported by its monthly jobs reports; Consumer prices rising again since April (especially services); US Census Bureau reports household real incomes (averages and median) have not changed since 2019 except for the wealth...
US Mainstream Media and politicians keep saying US 'defense' spending annual is about $850 billion. Why that's just an initial budget proposal and just for Pentagon spending. Today's show shows what US annual actual defense (e.g. war) spending is $2 trillion a year. The show then reviews the condition of the USA and EU economies and why GDPs are much lower than reported. A quick review of emerging global conflicts is also reported ...
Why Trump is now stacking the Federal Reserve bank's ranks of 7 Governors and threatening Fed chair Powell to force lower Fed interest rates. Why rates will start lowering in September. Why US monetary policy has been broken since 2008 due to changes in 21st century capitalism. The second half of the show discusses Texas and California's pissing match to further gerrymander the US House of Representatives which is already 90% non-c...
Today's show addresses key strategic questions in the Ukraine war post-Alaska Trump-Putin meeting: What are the strategic objectives of Trump, Putin, and Ukraine-Europe in the wake of the Putin-Trump meeting? Why are the US neocons+Europe+Zelensky opposed to any compromise settlement to the war? Who are the Neocons (Deep State) enabling the Europe-Zelensky opposition to ending the war? Why did Trump cancel his draconian sanctions (...
Today's show discusses what's behind the announcement that Trump and Putin will meet next friday in Alaska. Will it mean the beginning of the end of the Ukraine War? Why not. Why Trump sent his envoy, Witkoff, to Moscow to meet with Putin for 3 hrs last week. What will Zelensky, the Europeans and US neocons—all who want war to continue—will now do. Also discussed: Trump's phony corporate & foreign govt announcements they'll inv...
Today's show dives into Trump's latest multi-country tariff war. What's the latest for August, a critical month. Latest Japan & EU deals as 'templates'. Trump's phony announcement of both countries to invest $17 trillion in USA. Political tariffs attack on India, Brazil and BRICS. Russia 100%. Trump's retreat on China. What's up with Mexico & Canada? Key dates of August 8, 12. Second half of show discusses latest US GDP ...
Today's show discusses recent 'flash points' of the past week in US and geopolitical developments. Trump's tariffs policy revenue and political objectives. Why DNI director Tulsi Gabbard resurrected the Russiagate affair and targeted Obama. Why German Chancellor Merz is now Europe's biggest war hawk. Why Israel and Turkey are facing off over who runs Damascus. How Zelensky is maneuvering with the west to stay in office and continue...
Today's show discusses Trump's just passed $5 trillion tax cut. The four big lies about the Trump cuts are debunked: why the cuts won't 'pay for themselves'; why the total is at least $5 trillion+ and not the official $3 trillion estimate reported by the media; why the cuts won't add 1-2% to GDP or raise wages and create jobs as the govt claims; and why they'll result in deficits and debt over the coming decade far more than the $3...
Today's show picks up the discussion of last week on 'How US Goes to War' and comments on the Trump bombing of Iran last Friday. (For a print analysis of the bombing event read my recently published article, 'Trump's Forever War' on my blog, http://jackrasmus.com or on Counterpunch, LA Progressive, Z network and other sites). Today's show discusses Trump's tax bill, its real dimensions and why it will accelerate deficits, debt, an...
As Trump prepares the USA to directly attack Iran on behalf of Israel, it is clear he's repeating a pattern of past US decisions to go to war in recent decades. Today's show is based on my recent published article by the same title, available on my blog, http://jackrasmus.com and elsewhere in Counterpunch, LA Progressive, etc. How AMerica goes to war is about planning months before pulling the trigger; lining up political support a...
Today's show focuses on yesterday's Israel attack on Iran. Four key points about the escalation: 1) Netanyahu scuttles US-Iran negotiations 2) attack was not just to destroy Iranian nuclear weapons development but to decapitate Iran govt and military, create instability and possible regime change 3) Planning has occurred for months with US assistance and US knew of, and likely assisted, Israel in the attack 4) US neocons, with Tru...
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