“We Are Stuck…” – Jim Bianco
Jim Bianco, president of Bianco Research, discusses the markets and the economy. He explains why America’s K-shaped economy – where the top 10% drives 50% of retail sales – has made the status quo unsustainable. He argues Trump’s policies reflect the reality that our $36 trillion debt has become a national security issue requiring allies to pay for their defense rather than relying solely on U.S. taxpayers.
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CREDIT:
Jim Bianco
Follow Jim Bianco on Twitter: @biancoresearch (https://twitter.com/biancoresearch)
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3 Comments
They got themselves worked up because they see that the US is being boycotted of their goods and services by ALL countries. They also see that the US has Zero allies. All because of one maga regime. You really cannot see what is going on as some typical downturn that happens every so many months.
Oh so Japan and China always sell US bonds.. nonsense
Loved the video, it was so informative! Btw, could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase (light joke coast great adjust unveil salt energy gallery pulp hockey fluid). What's the best way to send them to Binance?