Economy / FinanceKey VideosNorth America

VRIC Media: The Economy is in Shambles, What’s Trump Going to do about it?

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The economic snapshot of 2024 presents a mixed bag of warnings and challenges. Inflation rates have soared to levels not seen in decades, driven by a combination of factors including post-pandemic supply chain disruptions, increased energy prices, and government spending aimed at revitalizing the economy. While the Federal Reserve has taken measures to combat this inflation with interest rate hikes, growth has slowed, leading many economists to fear the onset of a recession. The current job market, though recovering from the pandemic lows, still shows signs of qualification mismatches and regional disparities. Some sectors have rebounded, while others, particularly in…

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