2022 Year in Review: US & Global Economy & Politics

Jack Rasmus

As in previous years, today’s Alternative Visions radio show, the last of 2022, presents a summary and analysis of the most important economic and political events of 2022–for both the USA and Global. 2022 has been a junctural year, with likely worse to come in 2023 in terms of economic slowdown as well as war and political instability.




Today’s show provides a review of the main events and developments for the USA and global economies—as well a review of the major political events of the past year. Included are: US, Europe and other economies’ central bank (interest rate hike) policy shifts and their effects; the global currency crises unleashed; USA fiscal policy shift from Covid relief to subsidizing corporate investment Acts (Infrastructure, Chip & Inflation Reduction trio acts); sanctions on Russia & Ukraine; China Covid policy shift; escalating US-Europe-Japan war spending; and the…

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