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Oil Prices, Labor Strikes, and Hunter Biden's Legal Drama | Weekly Business Briefs w/ Martin Perdomo

Wealthy AF Podcast
Wealthy AF Podcast
Episode • Sep 20, 2023 • 8m

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Ready to delve into the intricacies of an economic rollercoaster? This episode promises to equip you with an understanding of the global economic effects of rising oil prices and the boom in strikes and lockouts across the US. We dissect the reasons behind the increase in labor activism, examining how stagnant wages and a rising cost of living play crucial roles. From OPEC's supply cuts to the decline in US shale output, we'll unpack how these factors contribute to a pressure cooker situation for the middle class.

In the second half of the episode, we take a turn into the world of legal drama, with the story of Joe Biden's controversial lawsuit over an alleged possession of a handgun. Discover the intricate layers of this conflict, as we scrutinize the details of the failed plea deal Biden had been negotiating with prosecutors. Charged with failing to pay taxes, this case is far more than a simple courtroom tussle. Tune in for an episode that promises to keep you on the edge of your seat, exploring both economic tumult and legal intrigue.

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