The United States will likely enter a recession this year and face high inflation well into 2024, a majority of economists predicted in their response to a semiannual survey.
Economists expect US recession, above-target inflation this year
Tag: recessions
Sanctioning China Will Destroy The Dollar | America’s Ultimate Mistake
If the United States and its allies impose sanctions on China, this could be the greatest financial mistake in all of modern history. Unlike Russia, China is more resilient and has deeper ties across the global economy. Punishing China will likely backfire against the dollar and unleash a de-dollarization wave that could knock it off the reserve status. Here’s what you must know!
Sanctioning China Will Destroy The Dollar | America’s Ultimate Mistake via Sean Foo
Related:
One Year After Russia Mega Sanctions, Senate Asks ‘Can We Do Same To China”
Federal Reserve is Throwing Workers Out of Work to Save the Rich
Economists Gerald Epstein and Aaron Medlin’s data shows the paradox of ignoring employment and choosing to throw workers out of work has persisted over time at the Federal Reserve.
Federal Reserve is Throwing Workers Out of Work to Save the Rich via theAnalysis
Biden’s “Buy American” plan could kill US jobs
For a variety of reasons, the US is already one of the worst places in the world to build infrastructure. And now, president Joe Biden’s plan to “buy American” for future government infrastructure projects will likely make things even worse.
Biden’s “Buy American” plan could kill US jobs
[2014] If Apple Were A Worker Cooperative, Each Employee Would Earn At Least $403K
Apple has 98,000 employees and earned $39.5 billion after tax over the past year. If Apple was a worker cooperative, then each employee would’ve received a $403,000 dividend on top of their salaries. Even the lowest paid worker would’ve earned at least $403,000 in Apple as worker cooperative.
If Apple Were A Worker Cooperative, Each Employee Would Earn At Least $403K
John Bolton shares stance on talks with Russia in prank call
IMF forecasts UK recession despite other leading economies growing
Central banks risk setting off a financial earthquake with constant rate rises, warns ex-IMF economist
“Liz Truss got the blame but the underlying cause was Jay Powell’s rate rises in the US, which has pushed up rates for everybody,” he says.
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
The Long-Term Economic Implications of the Ukraine War
The human suffering in Ukraine is predicated on massive U.S. military aid, and is transforming an ailing country into a bankrupt failed state
The Long-Term Economic Implications of the Ukraine War
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