EPISODE #80
AIRED: 12-13-2015
We need a business head as president; like today. I interviewed an industrial cardboard recycler this week. The price is at an all-time low. Why? Because no one is buying packaging. It means that manufacturing has fallen to its lowest point since WWII. Even if you remove the lost profits in cheap oil, lack of risk capital in the USA, and factor in the strong dollar wiping out exports, the domestic economy is entering a 4th recession. The US Treasury is hauling the highest revenues in history, and yet the Agencies are consuming $206 billion more than that. This week, the Agency government will run out of money, requiring Congress to once again raise the spending limit. This plunges our Chinese credit card even further into debt. Is hope on the way with the world’s best known business mind in the White House? Or, has America been sold to the DC Crime Syndicate financed by Saudi billions?
website: X2-Radio.com/Notes-2015.html
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