The Trish Regan ShowContagion fears are growing.
The government may not be able to save the banking system as easily as it had hoped.
In today's show, journalist Trish Regan examines what's at stake and why the losses in the banking sector will not be easily stemmed. She also looks at the threat of ever-rising inflation since the Fed won't be able to follow through with its intended rate hikes.
It leads her to ask the question: Will we INFLATE our way out of debt? And, given that China owns so much of our debt, could China suffer because its U.S. debt holdings become worth less and less?
To answer that question, Author and writer Gordan Chang joins Trish Regan. Gordan explains that China is in need of cash and lower valuations of treasury bonds will cost China more than it thought.
Gordon and Trish also discuss the origins of the coronavirus and the attempt to "cover up" the truth. Dr. Anthony Fauci, Chang says, must be prosecuted. Chang believes Fauci deliberately engineered a cover up to prevent the public from learning about his gain of function funding in Wuhan.
Meanwhile, Trish Regan has something to say in defense of our first amendment and the sudden attempt to muzzle Tucker Carlson at Fox News. Regardless of whether you like Tucker or not, Regan says Senator Chuck Schumer is going too far by attempting to take Tucker off the air.
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