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The American System

Aug 2019

August 17, 2019 WCR

August 19, 2019

Panic Spreads From Wall Street To White House As Signs Of Serious Economic Downturn Multiply; Rattled Don Sees Plots Everywhere, But Fails To Plan For Recession; Argentine Currency Collapses, UK & Germany GDP Falling; CASS Index Of North American Freight Volumes Signals Economic Contraction; Asian Air Freight Down 8%; World Economy Groaning Under $250 Trillion In New Speculative Debt Added Since 2008 Crisis By Leveraged Loans And Collateralized Loan Obligations!
Impeachment Summer: 125 House Dems Now Back Ongoing Inquiry; Latest To Join Are Deb Haaland (Albuquerque, New Mexico) And David Price (Chapel Hill, North Carolina); Nadler Committee To End Recess Early To Work On Trump Ouster And Gun Safety;
Out To Lunch: Dem Candidates Still Silent On Role Of Federal Reserve In Urgent Economic Recovery: Should It Be Tool Of Trump Re-Election, Of Wall Street, Or Servant Of American People?