Warren Mosler on “growth is slipping away”; Investing in Visas?


Warren Mosler on “growth is slipping away”; Investing in Visas?

Boom Bust shows the real state of the economy

Last week, when Comcast said it was acquiring Time Warner Cable for a cool $45 billion dollars, it was all anyone from the worlds of technology, media and business could talk about. And while the deal, if completed, will no doubt reshape pay TV as we know it, what many overlooked last week was a pretty incredible announcement by Netflix: The online TV and movie outfit is currently in the process of building an artificial brain, using Amazon Cloud technology! Erin Ade reports.

Afterwards, Erin Ade looks back at last month’s economic figures. In January, with economic figures showing that the US grew at an annualized rate of 3.2 percent, everyone was telling us that the US was poised for even faster growth. Not investor and economic analyst Warren Mosler. Mosler’s caution has been validated by recent weak economic data. Mosler explains to Boom Bust’s Erin Ade.

Wrapping up with “The Big Deal,” Erin Ade and Edward Harrison discuss the EB5-Visa-Direct-Investment-Program, a new trend in alternative financing for small businesses and start-up companies. It connects wealthy overseas investors who want a green card with regional business owners who need money to grow and expand. Now a mounting number of business owners are skipping traditional bank loans (and venture-capitalists) for this faster and cheaper financing alternative.

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