On the Significance of Xi Jinping Thought on China and its Development
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Mao Zedong made the Chinese nation stand up, Deng Xiaoping made the Chinese people rich, and Xi Jinping will make the Chinese people strong.
China’s Quantum Leap Forward
Tag: Mortgages
US Economy is Doing Great! /s
50,000 retail stores would close out of the current base of 940,000 stores in the U.S. by 2027.
US Sees Massive Retail Closures Amid Negative Economic Trends
US government bailout of Silicon Valley and banks is $300B gift to rich oligarchs
The US Federal Reserve printed $300 billion in a week to save collapsing banks and bail out Silicon Valley oligarchs. 93% of Silicon Valley Bank’s deposits were uninsured, over the FDIC limit of $250,000, but the government still paid them. 56% of SVB’s loans went to venture capitalist and private equity firms.
US government bailout of Silicon Valley and banks is $300B gift to rich oligarchs
Michael Hudson: Why the US banking system is breaking up
Economist Michael Hudson responds to the collapse of Silicon Valley Bank, and explains the similarities with the 2008 financial crash and the savings and loan crisis of the 1980s.
Michael Hudson: Why the US banking system is breaking up
Canada’s Russia sanctions are hitting people with no connection to Putin’s war
Canadian residents are pleading with Ottawa to release assets frozen after sanctions were imposed on banks
Canada’s Russia sanctions are hitting people with no connection to Putin’s war
IMF forecasts UK recession despite other leading economies growing
Risk Of Recession In U.S. Increasing, Finds Fed Research
Just over half of states in the U.S. are struggling with slowing economic activity, which could be a signal of a looming recession, according to new research from the St. Louis Federal Reserve Bank.
Risk Of Recession In U.S. Increasing, Finds Fed Research
Fed’s Powell Calls U.S. Economy “Robust” as Personal Savings Rate Collapses to Same Level as in Financial Crisis of 2008
By Pam Martens and Russ Martens: October 27, 2022
At Fed Chair Jerome Powell’s press conference on September 21, he made a remark that went unchallenged by the bevy of reporters in attendance. Powell said this:
Fed’s Powell Calls U.S. Economy “Robust” as Personal Savings Rate Collapses to Same Level as in Financial Crisis of 2008
Truth: Recession is HERE & Will Last for a While!!
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!!!
Truth: Recession is HERE & Will Last for a While!! via The Geopolitics In Conflict Show
Ms. Cat’s Chronicles 
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