The Holiday Season is Upon us epitomized by the lighting of the National Christmas Tree last week in Washington. As we welcome the Holiday Season here in our properties, we begin to wind down the Year as we present views courtesy of the team at Goldman Sachs as we look to a very challenging 2019:
2019 US Economic Outlook: The Home Stretch
US economic growth will slow significantly in 2019 due to tighter financial conditions and a fading fiscal stimulus, according to Goldman Sachs Research. The forecast also calls for quarterly rate hikes as the Fed looks to keep the economy from overheating amid rising inflation and unemployment on a downward trajectory towards 3% by early 2020. For now, neither overheating nor financial imbalances -- the classic causes of recessions -- appear worrisome. As a result, the economic expansion remains on track to become the longest in US history in 2019.
As we bid farewell to November, our team decided to present a brief snapshot of some of the alternative media in our World as we await December and look forward to being of service in 2019--beginning with a tribute to the Syrian Activist Raed Fares that was gunned down in Idlib as we pay tribute to him and all the valiant fighters for truth and justice in our World:
An H Bomb first strike will create firestorms and smoke that ends most human life; this is a fact ignored by military planners and by the Trump administration which doesn’t believe in climate science – says Daniel Ellsberg on Reality Asserts Itself with Paul Jay
According reports in Washington Post and Reuters, the Trump administration is actively exploring the option of placing Venezuela on the state sponsor of terrorism list, to further intensify sanctions that have already caused significant damage to Venezuela’s economy. We speak to Steve Ellner about the sanctions’ effects
Bert Foer, Senior Fellow at the American Antitrust Institute speaks at the forum, “Destroying the Myths of Market Fundamentalism,” held in Washington DC, on October 19, 2018
Chinese university students, inspired by their studies of Marx, are facing an increasing state crackdown on their movement in support of workers who have been trying to organize Shenzhen’s Jasic Technology. Prof. Zhun Xu analyzes the situation
Market fundamentalism’s ideological tyranny is metastasizing, afflicting the young, silencing politicians and hoodwinking the media. Too few progressives have a handle on the powerful arguments that can be made to counter market fundamentalism. It’s time to confront the myths with compelling empirical reality that deconstructs and destroys the plutocratic hoax. A roundtable recorded at the…
TRNN’s Khalilah Harris discusses critiques and possible implications of Michael Bloomberg’s historic donation with Lester Spence, political commentator and Hopkins Associate Professor of Political Science and Africana Studies
