Krystal and Saagar shine light on the key recession indicator that is flashing red as the global economy continues to be hit by high inflation and supply chain disruptions
To become a Breaking Points Premium Member and watch/listen to the show uncut and 1 hour early visit: https://breakingpoints.supercast.com/
To listen to Breaking Points as a podcast, check them out on Apple and Spotify
Apple: https://podcasts.apple.com/us/podcast/breaking-points-with-krystal-and-saagar/id1570045623
Spotify: https://open.spotify.com/show/4Kbsy61zJSzPxNZZ3PKbXl
Merch: https://breaking-points.myshopify.com/
Kyle Kondik: http://www.kylekondik.com/
https://www.amazon.com/Long-Red-Thread-Democratic-Republican/dp/0821424424
Jerome is lying
Honestly, who invests in bonds? I doubt this matters anymore.
Didn’t you do one like this a few months ago
Nooo waaay
How is it that you guys know that raising interest rates will fight inflation, but when having expansionary monetary policy and keeping interest rates artificially low for years, think that does not contribute significantly to inflation? You accepted that we don't really live in a free market and yet constantly ask the govt and fed to step in to control the economy as if that will make things better ,when they are the cause of many of our economic problems?!! Love y'all btw but you are dead wrong it comes to the economy
If you understand nothing else realize that bond yields of 3% or less are negative. Despite the feds manipulating inflation numbers, inflation negates bond yields, and has since the nineties. Investing in bonds is like investing in Turkish lira. Burying one's money is more lucrative. At least if it's buried in some form like gold silver, copper, or something that is real the feds won't be able to pull a Trudeau and ban you from buying and selling using normal means. A million dollars in currency in a bank is worthless if Joe decides to cancel your life.
"Sparking recession fears", really? Anyone want to tell the stock market that? Seems to doing great. It's amazing how disconnected the market it. O people can't pay rent, stocks go up. Inflation is too high, stock market up.
The only indicators you need to know:
1) Shutdown the economy for 2 years
2) Majority of people living off debit (free money due to artificial rates)
3) Wealth transfer from middle class to us wealthy
That’s all you need to know. It’s coming.
THIS IS ON PURPOSE TO MAKE A 2 CLASS SYSTEM!!!
I thought Mayor Pete would solve our supply chain problems?
We've been in recession since 2008. Only a select few have not. Mostly the people who caused the crash.
It's cringe when wealthy people call themselves, and each other, public servants.
Get Barry Habib on your show.
My life has been filled with recessions and disasters.. is that normal? I can never get ahead.
No matter how much i climb im in either the same or lower place relative to the past.
When does it end?
Buy Bitcoin AMC and GME 💸💥
It seems to me that the only thing stopping fears of recession since 2020 is the hundreds of billions made by corporate America. At least someone’s making money, am I right.? 🤣🤷🏻♂️
It sounds like on top of other facts since Biden came into office is they're intentionally setting us in an inflation state of economic decline to indirectly influence the green new deal agenda without originally passing it in Congress. Which explains why Biden it purposefully working with car manufacturers to create electric cars while sabotaging the Oil & Gas industry. On top of having the Fed enriching itself and increasing rates.
Absolutely disgusting.
Elections have consequences.
"My source is Bloomberg"
"I personally think inflation is caused by the supply chain problem more than monetary policy"
Two foolish statements.
Boooo👎. Inflation hurts everyone except the wealthy
Biden inverted the bonds! whats next, a convex dipolar shift of the efdr?
Why does krystal and breaking points keep on using mainstream media statistics and polls? I thought they weren’t mainstream media!! I’m starting to feel a little gaslit!!🤔
Eat the rich
BP should do a dive into the Fed- its so common that people think its a government institution but it is a Private central bank, it is the 3rd private central bank of the US. We, the tax payers currently owe 900 billion a year just in interest to the Fed. In no way does the fed have the money that they have lent, the governmt can do this without them