Macro N Cheese
Imminent Collapse with L. Randall Wray
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:53:46
- More information
Informações:
Synopsis
This week, Randy Wray joins us for his fifth Macro N Cheese episode. As always, he brings loads of useful insights and factual information, both historical and of the moment. While cable news and Democratic social media are jubilant with the ouster of Donald Trump, we know it’s a hollow victory. There’s nothing to celebrate. Randy and Steve look at the sobering facts. We stand on the precipice of country-wide evictions and mortgage foreclosures. Many jobs and businesses are lost forever. The optimists among us keep looking for signs, but at every turn, we’re confronted with evidence that the incoming administration has no intention of meeting the challenges. In normal times (pre-pandemic), our paychecks are gobbled up by rent, health care, utility bills, and debt, debt, debt - leaving very little, if any, discretionary income. Now we’re faced with overdue rents and mortgages, overdue electrical, gas, and water bills. Student loans, car loans, and credit card debt haven’t gone away, a