Episode 19: Weekly Roundup 08.28.2023

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 breaksCheck out the charts, articles, and all the videos at www.peterstonge.com. And I’m always on Twitter as @profstongeSupport the show

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Peter St Onge, Ph.D economist explains news on the economy in plain English and why it matters.