PODCAST

Alternative Visions

Progressive Radio Network

Dr. Jack Rasmus will focus on today’s continuing crisis in the U.S. and global economies.

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All Episodes

55:55

Alternative Visions- Review of Global Economy Events

Alternative Visions ·

2024/05/07

Today’s show reviews major developments in various global economies: In USA, the Fed’s latest decision to keep interest rates at current levels + its decision to start buying back US Treasuries (QE by another name perhaps?). Why the liquidity injection? Answer: growing concerns about US banks in 2025? Next, is China growing again or not? The idiocy of US policy toward China as Blinken and Yellen attack it economically but request it intervene on behalf of US with Russia and Ukraine. What’s happening

56:11

Alternative Visions- US GDP 1st Quarter 2024 + Why...

Alternative Visions ·

2024/04/30

The first pass for US GDP for 1st Quarter 2024 was released last week. Today’s show dissects the areas generating growth vs. those slowing US economy. Takeaways from the data are discussed: Contracting now are consumer spending on goods, business private inventories and a big contraction in net exports. Only consumer spending on services continue to drive GDP as government spending slows but remains positive. The show explains why the 1.6% GDP rise in Jan-March was actually lower, once the

55:47

Alternative Visions- USA’s Failing Russian Sanctions...

Alternative Visions ·

2024/04/22

today’s show focuses on the theme of the impact of Russian sanctions since the start of the Ukraine war. How the sanctions have failed to impact Russia’s economy while simultaneously helping to wreck Europe’s, and especially the core German economy of the EU. A review of the relative economic data. Also discussed, are the pending US House vote tomorrow likely to pass another $100B in war aid to Ukraine, Israel, and Taiwan, which will include reportedly US approval to distribute the $300B in seized

56:32

Alternative Visions- US Inflation, the Fed, and...

Alternative Visions ·

2024/04/15

Today’s show covers the key events, economic & political, of the past week: US latest inflation numbers and trends, why Fed rate cuts are off the table, instability in regional banks and commercial real estate continue, Chase CEO Jamie Dimon’s remarks on rate hikes at 8% and ‘soft landing’ scenario, US Treasury Secretary Janet Yellen in China. In Politics, whether war between Israel-USA with Iran is imminent, latest developments on French & NATO troops in Ukraine, the coming Russian big

55:04

Alternative Visions- Shifting Strategies in the...

Alternative Visions ·

2024/04/05

2024 is junctural year in Ukraine war. All three parties’ strategies—US/NATO, Ukraine, Russia—are in flux and changing as fallout from Ukraine’s summer 2023 offensive defeat by Russia continues to reverberate in political terms and as Russia offensive in 2024 emerges. What were the parties respective strategies in 2022, how did they shift in 2023, and how are they about to change again in 2024 are discussed in today’s show. Some likely scenarios by year end 2024 and US elections in November. Has

57:13

Alternative Visions- Contradictions in US Economy,...

Alternative Visions ·

2024/04/03

How the US economy is different today from 1930s and becoming increasing so due to technological change, financialization, and other forces. Why 21st century US fiscal and monetary policies are increasingly inefficient, ineffective and exacerbating the deficits, US debt, and running up unsustainable interest payments on the debt. Income and Wealth inequality thresholds for the 1% in the US economy today. Challenges faced for the future hegemony of the US empire-not just China, not even BRICS, but

55:41

Alternative Visions- Russian Mall Attack, Europe’s...

Alternative Visions ·

2024/03/29

Latest on evidence of Moscow’s Mall Terrorist attack. Pros & Cons of evidence to date Ukraine sources’ involvement. Putin’s dire warning re. F-16s. Is Macron’s threat to send troops suspended? Will Europe re-arm and create its own defense industry? Euro economy stagnating vs. USA economy modest growth; Why is USA GDP positive in 2024? US recent Inflation statistics. Is the US Treasuries market growing unstable with $23T bonds issued in 2023? Janet Yellen in China and future of the US

57:11

Alternative Visions- Bad (Good) News Comes in Threes?

Alternative Visions ·

2024/03/18

Today’s show reviews 3 important speeches of the past week: by Putin, France’s president Macron, and US Senator, Chuck Shumer. Speeches related to the US 3 wars in progress: Ukraine, Israel-Gaza, and Yemen. The Macron speech, an interview, reflected his retreat from the threat to send French-NATO (along with Baltics & Czech) to Ukraine. Deeper, it reflects chaos within EU/NATO as what strategy to implement now that Russia is defeating Ukraine and Trump-US may leave Europe holding the Ukraine war

57:38

Alternative Visions- How US Presidents Become...

Alternative Visions ·

2024/03/04

Following initial comments on the Federal Reserve’s just issued Monetary Report’s warning about bank assets declining in value, this week’s show focuses on the topic of how US Presidents become multimillionaires after leaving office. Corruption by politicians promises to be a major campaign theme on both sides in the election this year. Republicans and Democrats are pushing their stories: Trump’s tax avoidance & Biden’s kickbacks through his son, Hunter Biden’s connections with oligarchs in

55:52

Alternative Visions- Ukraine War and the Ghost of...

Alternative Visions ·

2024/02/29

Today’s show is dedicated to a discussion of the current state of the War in Ukraine. The theme is an analysis of the military action and strategies of both sides since the February 2022 start of the war, using the benchmark of the Principles of War famously proposed by Von Clausewitz. Examined are the first Russian offensive of 2022 followed by the Ukrainian offensive later that year. Then the disastrous second Ukrainian offensive of fall 2023 that crashed on the rocks of Russia’s 2023 Defense in

56:25

Alternative Visions- Is the Global Economy Slowing?

Alternative Visions ·

2024/02/19

Today’s show looks at the important key economies of the world as a growing number begin to slip into recession: new data shows Japan’s economy has been contracting the past six months. Germany has entered recession. So too has the UK. The Eurozone economy as a whole is stagnant. Global manufacturing has been contracting for some months among the G7 economies. Meanwhile China faces growing problems in its property (construction) sector and with emerging deflation in consumer goods prices as

55:46

Alternative Visions- Carlson-Putin Interview

Alternative Visions ·

2024/02/09

Dr. Rasmus analyzes the Tucker Carlson-Putin Interview in detail today. What did Putin say about the war, its causes, prospects and future of NATO?

57:05

Alternative Visions- How US Media ‘Cherry-Picks’ US...

Alternative Visions ·

2024/02/07

Today’s show addresses the US media’s practice of reporting the most favorable statistics on jobs, unemployment, inflation, wages, GDP from the mountain of data provided by the US Labor and Commerce departments. Dr. Rasmus gives a deep dive into the statistical reports to show why job gains last month may not be 353,000 but much less; why Biden’s claim of 3.1m jobs created last year may be only a third of that; why inflation is higher than reported; why one US survey says unemployment rate is 3.7%

57:55

Alternative Visions- 2023 US GDP Analysis In Depth

Alternative Visions ·

2024/01/29

Today’s show is dedicated to dissecting the just released US first report on 2023 GDP by the Commerce Dept. Dr. Rasmus breaks down the various contributing elements to US GDP (Consumption, Business Investment, Government Spending, and Net Exports) to identify where the changes in GDP in 2023 were strongest and weakest. Explained as well is how the methodology for estimating inflation (GDP deflator price index) serves to low ball price changes and in turn boost the real GDP number of 2.5% for 2023

58:44

Alternative Visions- Soft Landing’ Revisited &...

Alternative Visions ·

2024/01/23

Whether ‘soft landing’ of the US economy—with inflation assumed to continue to abate and GDP to continue to grow—is in the works is the main topic of today’s show. Explained in depth is how US price index estimates are key to determine whether ‘soft landing’ will occur. Dr. Rasmus explains how the 3 US price indexes (CPI, PCE, GDP Deflator) are basically estimated, and why the lowest inflation estimator, the GDP Deflator, which is used to come up with GDP numbers, artificially boosts real GDP thus

59:17

Alternative Visions- 2023 Review + Colorado-Maine...

Alternative Visions ·

2024/01/02

Today’s show reviews the main economic & political events of 2023. Topics on the Economy include: US GDP & ‘Soft Landing’ talk; Inflation and Jobs trends; the March 2023 regional bank crisis; US Budget >$1T Deficit & $34T National Debt; the June US Debt Ceiling deal in Congress; major union strikes and contract negotiations; Chat-GPT & Artificial Intelligence; the Federal Reserve’s interest rate pause; Russian sanctions; Ukraine War funding; China’s economy and global economic

59:24

Alternative Visions- Has Union Concession Bargaining...

Alternative Visions ·

2023/12/18

Today’s show addresses two important developments of the past year. Dr. Rasmus reviews the major union contract settlements of the past year (Railroad, Teamsters, Longshore, Auto) to determine if the past 44 yrs of union concession bargaining has finally ended in major contract negotiations in the USA. Concession bargaining ‘markers’ like 2-tier wages, in benefits, hiring of temps, ending of COLAs, and other contract provisions are reviewed. Result: Latest Teamsters (UPS) and Auto Workers contracts

58:15

Alternative Visions- Why Ukraine Can’t Win the War +...

Alternative Visions ·

2023/12/14

Just released US jobs numbers for November are reviewed in first half of the show. Not much change from October, with services sector jobs still growing and goods sector jobs slightly declining. Both reflect the US economy growth/no growth condition with manufacturing & construction continuing to contract while services continue to expand. Inflation statistics reflect the same, with goods prices falling (especially gasoline & energy) while key services prices continue to rise around 5%. US

58:01

Alternative Visions- Ukraine War & Zelensky’s ‘Danny...

Alternative Visions ·

2023/12/05

Today’s shows raises the expose of Zelensky government corruption that US mainstream media has been assiduously avoiding. Actor Danny Trejo just spilled the beans on another Zelensky grift. US celebrities who have been trekking to Kiev apparently get paid $150,000 for their photo op with Zelensky, providing they kick back $50K in cash to Zelensky himself (whose wife just bought a $70m property in Cyprus). Rasmus asks if Z get the original $150k per US celebrity visit from the $1B per month the US

58:49

Alternative Visions- Soft Landing in 2024..Or Deeper...

Alternative Visions ·

2023/11/24

Today’s show discusses the growing media spin on the US economy that it’s headed for a ‘soft landing’—i.e. no recession as inflation continues to abate. Dr. Rasmus dissects the 3rd quarter US GDP numbers of 4.9% annual growth rate that is feeding the soft landing hype. The four major elements of GDP are reviewed, showing 3rd Quarter was an aberration driven by business over-expansion of inventories in expectation of a surge in consumer spending in 4th quarter that is now not appearing. What’s really

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