David Stockman On Coming Recession: Fed No Match For It

The following video is brought to you courtesy of the RT America YouTube Channel. Click the play button to watch it now.

Rick Sanchez diagnoses the perilously unhealthy US economy, wherein corporations borrow their way to impressive (but fake) earnings and household debt exceeds $15 trillion. Then David Stockman, former Budget Director for President Ronald Reagan, shares his insights. RT America’s Michele Greenstein reports from Hong Kong about the latest in the ongoing protests. Political strategist and former naval intelligence officer John Jordan joins Rick Sanchez to discuss recent comments by former Defense Secretary Jim Mattis about the dangers of political “tribalism” in the US. Plus, Rick Sanchez reports on the anticipated course of destruction as Florida prepares for the arrival of Hurricane Dorian.

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23 thoughts on “David Stockman On Coming Recession: Fed No Match For It

  1. If there a recession it will be brought on
    by the global elite! Who seek too control
    everything! They will spare nothing for
    this goal! And it will not just be America
    who suffers the hole global economy
    will be at stake! So most likely it will not
    be full blown recession as they don’t
    want America to pay the price! Most likely
    Countries who don’t want too play there
    global economic game!

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