Describing the US House of Cards

Extreme Volatility and Flakiness

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October 24, 2022

We struggle to describe the house of cards called the US economy on this edition of the program. The stock market has effectively already crashed. But, the volatility and general flakiness of the modern economy and society is beyond anything we've ever seen in modern history. Powerful governments were trying to fix economies by spending more and more money. They were trying to control the national economy by manipulating the interest rates. They had encouraged everybody into increasing levels of debt. They created inflation by issuing more money to pay for government debt. Rather than fixing economic problems then, they ended up ruining the worldwide economy.

About Your Host, Kevin Swanson

Homeschooled himself in the 1960's and 70's, Kevin Swanson and his wife, Brenda, are now homeschooling their five children. Since graduating from his homeschool and then serving as student body president of a large west coast university, he has gone on to other leadership positions in corporate management, church, and other non-profits.