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The U.S. economy appears to be in decent shape, but there could be some dark clouds massing on the horizon.
Dire predictions about the near-term collapse of the U.S. economy haven’t come true — yet. And they might not anytime soon, despite the pressures on buyers and sellers imposed by the Trump tariffs. Still, there are some uncomfortable trends that need to be addressed, and economist Daniel Altman, creator of the High Yield Economics newsletter on LinkedIn, returns to the podcast to take on the task. He answers four key questions: (1) Why are foreign governments dumping long-term U.S. treasuries in favor of short-term debt? (2) Why does the devaluation of global currencies, in particular the U.S. dollar, look “inevitable”? (3) Why does OpenAI’s generative artificial intelligence model — and similar versions — “look a lot like fraud”? And (4) Why haven’t U.S. consumer prices risen to a level commensurate with the Trump tariffs? Hosted by Bob Bowman, Editor-in-Chief of SupplyChainBrain.
Show notes:
Altman’s High Yield Economics newsletter, and co-hosted “Gross Domestic Provocation” podcast.
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