Ep.24 - American nightmare

An episode of the Black Box - English version podcast, hosted by Guido Brera - Chora Media, titled "Ep.24 - American nightmare" was published on March 13, 2024 and runs 11 minutes.

March 13, 2024 ·11m · Black Box - English version

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Summary

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.

Episode Description

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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