BizBeat Ep. 295: U.S. facing biggest crisis with 'Biden stagflation'




A recent Wall Street Journal article says that the U.S. economy is experiencing its biggest crisis in 20 years. U.S. inflation hit highest level in nearly 40 years. Biden's regulation on business and spending on climate change will hurt economic growth. In this episode of BizBeat, CGTN's Zheng Junfeng points out the Biden administration's missteps that have made the U.S. economy worse, such as its massive money-printing exercise, poor pandemic control and tariffs on China.