John Williams | The Next Recession Is Already Here and the Fed Triggered It

The Power & Market Report, Released on 6/13/19

Discussed on this episode:

– The origin of Shadow Stats
– NAFTA’s influence on economic record keeping
– The government shutdown has impacted economic reporting
– The next recession is underway and the Fed triggered it

Walter J. “John” Williams has been a private consulting economist and a specialist in government economic reporting for more than 30 years. His economic consultancy is called Shadow Government Statistics ( His early work in economic reporting led to front-page stories in The New York Times and Investor’s Business Daily. He received a bachelor’s degree in economics, cum laude, from Dartmouth College in 1971, and was awarded a master’s degree in business administration from Dartmouth’s Amos Tuck School of Business Administration in 1972, where he was named an Edward Tuck Scholar.

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