The Todd Herman Show

Is China able to wage economic warfare against us? Do they even need to do that? Zach Abraham and I discuss that and the stunning amount of money the Separate Country of Washington spent to pretend to move people out of homelessness. Zach also responds to the article in Zero Hedge that makes these predictions (and also misstates the tax revenue trends which continue to rise). “Just do the math: interest costs on the national debt are spiraling out of control at a time when tax revenue is falling. It’s not a pretty picture.And based on this scenario, I’d humbly make a few predictions:1) The Federal Reserve will reverse course and start cutting rates.This might not happen right away; the Fed seems far more concerned right now with appearing like they’re in control and know what they’re doing. But no Fed Chairman wants to preside over the bankruptcy of the United States.So the Fed will have to cut rates and start printing money again in order to save the federal government, as well as the banking system, Social