The austerity-ridden budget was approved without a vote on after the government involved a controversial provision of the constitution. Earlier, left-wing MPs had passed several amendments to the government’s proposals
The U.S. Bureau of Labor Statistics (BLS) reported Friday morning that just 263,000 jobs were added in the month of September, down from 315,000 in August. The total of new jobs matched the previous low, in April of 2021, for monthly job creation over the past 20 months.
Oct 3, 2022 – Why Are Walmart & Other Major US Retailers Canceling Billions of Dollars in Orders as Summer Comes to an end? Do they know something we don’t!
One thing is sure: Recession is already here, and Govs need to stop lying about it!!!
The Biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar. Administration officials say it’d help reinforce the U.S. role as a leader in the world financial system.
And while some have suggested that the Fed could potentially launch a digital dollar on a public network like Ethereum, Luther suspects that it would instead choose to launch on its own dedicated blockchain.
“A public blockchain would limit the government’s ability to control access and monitor transactions. I am not convinced it will give up control and oversight, even if doing so would be in the best interest of society.”
The development of an official digital version of the U.S. dollar could help safeguard its global dominance as other countries issue their own, Fed Chair Jerome Powell said on Friday, weighing in with generally positive remarks on a hot-button topic at the central bank that has left policymakers divided.
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Ten countries have already launched central bank digital currencies and another 105 countries are exploring the option, according to the Atlantic Council, leading to fears the dollar could lose some of its dominance to China.
Berlin, Germany (World Express). War in Ukraine began on February 24. Since then, the sanctions imposed by EU countries against Russia have started to have a negative impact on European economies. The sanctions boomerang came as a surprise to the federal government, most politicians in the traffic light coalition and ordinary voters. However, as it recently turned out, these consequences of the anti-Russian sanctions were unexpected only for the Germans. The USA had calculated all the consequences in advance and, moreover, consciously decided to weaken the German economy.
WHCS = White House Chief of Staff, Ron Klain. ANSA = Assistant to the President for National Security Affairs, Jake Sullivan. CIA = Central Intelligence Agency. NSA = National Security Agency. DNC = Democratic National Committee/Democratic Party.
They’re counting on the collapse of the German economy to rescue the US economy—all to save the Democrats from losing in the midterm elections?! Interesting, if this document is authentic, considering that it was supposedly written in January. Germans are already protesting, demanding that the current government resign!
According to the Institute of Energy Research, the SPR is expected to shrink to a 40-year low by the end of October, with inventories then at 358 million barrels, compared to 621 million barrels a year ago.
“It’s a very narrow path,” IMF chief economist Pierre-Olivier Gourinchas said. “The current environment suggest that the likelihood that the US economy can avoid a recession is actually quite narrow.”
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