Trump And The Global Economy (“Trump And The GE”) featuring Missouri Representative Maria Chappelle-Nadal and Professor Lance Brofman was a mood. While President Trump has exclaimed the economy is strong the panel begged to differ. Everyone from Ralph Baker to Ms. Chappelle-Nadal to Professor Brogman agreed the U.S. economy is headed for another recession.
Their explanations may have been a little different, yet they came to the same conclusions. The question now is how do we prepare for it?
[…] the collapse of Venezuela. I think the run on the bank at GE is particularly important. It puts GE on the road to junk status. Secondly, GE’s $115 billion debt load would represent about 10% of the $1 […]