Episode Details

After months of bragging, the Biden Administration and all Americans were hit with a stark reality felt mainly by many of the latter: 818,000 of the jobs reported did not exist. The revision of those numbers is the second worst in US history. Does this confirm the notion that we are spiraling toward a huge recession? Several factors indicate this is the direction toward which we are headed as does an indicator which had correctly predicted economic downturns accurately since 1930.
Swiss America CEO Dean Heskin and Chris Agalestos break down what's happrning, the factors involved and how to protect yourself and your savings on this edition of The Secret War on Cash. 

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Artcles referred to in this podcast:
https://www.zerohedge.com/markets/us-jobs-revised-down-818000-election-year-shocker-second-worst-revision-us-history
https://www.zerohedge.com/markets/descent-upon-us-forget-sahm-rule-indicator-has-perfectly-predicted-every-us-recession-1930