
Peter St Onge Podcast
Peter St Onge, Ph.D economist explains news on the economy in plain English and why it matters.
Peter St Onge Podcast
Episode 19: Weekly Roundup 08.28.2023
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Peter St Onge, Ph.D
In this Episode:
- WSJ: China is Facing a "Lehman Moment"
- Target loses $1.3 billion to shoplifters
- Millions locked in their homes as mortgage rates hit 25 year high
- Media wants higher inflation, forever
- Congress rejects a CBDC. The Fed's building one anyway
- The American Consumer is Running out of Money
- Fed: higher rates until the job market breaks
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