Tag: Consumer prices

Argentina bond market plunder explained

Tina Marie (Ms. Cat)

Argentina bond market plunder explained

4) Globalist puppet Milei slashes government spending and privatizes a whole lot of sectors. This is the neoliberal “shock therapy.”

…

Meanwhile, 54% of Argentinians are in poverty, consumer prices have tripled over the last year, the economy is in recession, and industrial production has been dwindling consistently.

Exactly as I predicted back in October 2023:

The vultures are ready to “make the economy scream” if Javier Milei wins!*

Surging cost of living in US drives class tensions to the breaking point

Tina Marie (Ms. Cat)

The latest inflation data published Tuesday shows that the working class confronts months of immense hardships as wages lose their value in the face of rising living costs. The ruling class’s attempt to make the working class pay for the crisis of capitalism is driving workers into struggle across the world, including in the United States, where teachers, nurses, and possibly railroad workers are launching powerful strikes.

Surging cost of living in US drives class tensions to the breaking point

Book publishers just spent 3 weeks in court arguing they have no idea what they’re doing

Tina Marie (Ms. Cat)

On August 22, oral arguments ended in the Justice Department’s antitrust trial to block the book publisher Penguin Random House from merging with rival Simon & Schuster. The result of the trial, which is expected to be decided later this fall, will have a massive impact on both the multibillion-dollar book publishing industry and on how the government handles corporate consolidation going forward. Perhaps fittingly for a case with such high stakes, the trial was characterized by obfuscation and downright disinformation nearly the whole way through.

Book publishers just spent 3 weeks in court arguing they have no idea what they’re doing

Biden: July Inflation Was 0%. Actual July Inflation: 8.5%. Media: Eh, Close Enough.

Tina Marie (Ms. Cat)1 Comment

In July, the price of eggs and milk went up. The price of fruits and vegetables went up. The price of new cars went up. Electricity cost more. Medical costs rose. Alcohol became more expensive. Rent went up.

Biden: July Inflation Was 0%. Actual July Inflation: 8.5%. Media: Eh, Close Enough.

Biden just signed a law to lower shipping costs. Will it work?

Tina Marie (Ms. Cat)1 Comment

The Ocean Shipping Reform Act allows for more enforcement of rising fees. But shippers say the law isn’t a “silver bullet.”

President Joe Biden signed the Ocean Shipping Reform Act of 2022 into law on Thursday, promising sweeping changes to the ocean shipping industry after more than two years of port congestion, delays and rising costs.

Biden just signed a law to lower shipping costs. Will it work?

Short-staffed and underfunded.