EPISODE · Mar 13, 2024 · 11 MIN
Ep.24 - American nightmare
from Black Box - English version · host Guido Brera - Chora Media
This November, the USA will elect its president. The markets may seem to portray an image consistent growth, with unemployment under 4% and the best markets in recent memory, but the victory of the democrats is anything but certain. The Biden administration managed the post-Covid phase with a new course and by injecting trillions of dollars into strategic national production. But the situation is fragile. There’s an America that’s suffering from high inflation, and that hasn’t been able to compensate by investing. Many Americans have more debt than ever, and mortgage rates are rising along with the price of homes. This is an America that struggles and which is afraid, which stopped dreaming, and may well drag the world down into its own nightmare.
What this episode covers
This November, the USA will elect its president. The markets may seem to portray an image consistent growth, with unemployment under 4% and the best markets in recent memory, but the victory of the democrats is anything but certain. The Biden administration managed the post-Covid phase with a new course and by injecting trillions of dollars into strategic national production. But the situation is fragile. There’s an America that’s suffering from high inflation, and that hasn’t been able to compensate by investing. Many Americans have more debt than ever, and mortgage rates are rising along with the price of homes. This is an America that struggles and which is afraid, which stopped dreaming, and may well drag the world down into its own nightmare.
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Ep.24 - American nightmare
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