Fed adopts new strategy to allow higher inflation and welcome strong labor markets Gone is the presumption that strong labor markets lead to out-of-control price-increases
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Subject: Re: Economy News Mon Nov 21, 2022 8:16 pm
What's the line? "It's the economy, stupid" No offense... it's just a quote..
However, the economy is going poo.
But we are not of the darkness that we are caught unaware. So...here goes.
Speed watch if you have to, but I think it's going to be a good one. https://www.youtube.com/watch?v=7TusnkfavEs
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Subject: Re: Economy News Thu Dec 29, 2022 12:38 pm
[ltr]@MrBlackPill[/ltr] ·11h
️An economic recession (if not depression) is inevitable as evidenced by all the projected layoffs. This list is just a few… Carvana—4,000 including cuts in May Pepsico—“hundreds” Buzzfeed—180 CNN—“hundreds” Morgan Stanley—1,600 Goldman Sachs—4,000 Coinbase—1,060 Robinhood—1,000 Redfin—862 Wayfare—870 DoorDash—1,250 Peloton—4,600 Shopify—1,000 Salesforce—2,500 Snap—1,200 Meta—11,000 Amazon—20,000 including top managers
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Subject: Re: Economy News Thu Dec 29, 2022 12:40 pm
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Subject: Re: Economy News Tue Jan 10, 2023 1:05 pm
Flashing Red Alert: Near Record Surge In Credit Card Debt Just As Rates Hit All Time High (me: of course it is just after Christmas... )
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Subject: Re: Economy News Sat Jan 14, 2023 12:35 am
Yellen Warns US Will Hit Debt Limit Next Thursday, Will Take Extraordinary Measures To Avoid Default
Yellen Warns US Will Hit Debt Limit Next Thursday, Will Take Extraordinary Measures To Avoid Default https://www.zerohedge.com/markets/yellen-warns-us-will-hit-debt-limit-next-thursday-will-take-extraordinary-measures-avoid
Crypto_Maniac_101 🅐
@C_M_101 · 8h BE READY
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Subject: Re: Economy News Sat Jan 14, 2023 12:39 am
Summer of Love Bull Market looming. Summer of Love was 1967. JB’s Vette is a C2 ‘67
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Subject: Re: Economy News Mon Jan 16, 2023 1:52 pm
UNDERSTATED MUCH???
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Subject: Re: Economy News Tue Jan 17, 2023 12:12 am
Get ready…it’s going to be as bad as 2008 or worse… Economists Warn Americans Recession Is Coming: "Don't Be Fooled" zerohedge.com/personal-finance
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Subject: Re: Economy News Fri Jan 20, 2023 11:08 am
[ltr]therealtoriabrooke[/ltr] ·1h
NEW — Google axing 12,000 jobs, as tech industry layoffs widen. @disclosetv disclose.tv/id/161639668241702
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Subject: Re: Economy News Fri Jan 20, 2023 9:01 pm
[ltr]@RealMrGreen[/ltr] ·5h
US home sales largest decrease year over year. Market can't sustain inflated prices.
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Subject: Re: Economy News Sat Jan 21, 2023 9:21 pm
Scary times, indeed… @iansmithfitness
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Subject: Re: Economy News Sat Jan 21, 2023 9:37 pm
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Subject: Re: Economy News Mon Jan 23, 2023 7:57 pm
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Subject: Re: Economy News Mon Jan 23, 2023 10:09 pm
JUST IN - Microsoft to invest multi-billion dollars in ChatGPT creator OpenAI days after cutting 10,000 human jobs.
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Subject: Re: Economy News Tue Jan 24, 2023 2:45 pm
GoldTelegraph_
· 16h
BREAKING NEWS:
CHINA SAYS THE UNITED STATES NEEDS TO COPE WITH ITS OWN DEBT PROBLEM, AND STOP SABOTAGING OTHER SOVEREIGN COUNTRIES ACTIVE EFFORTS TO SOLVE THEIR DEBT ISSUES.
Things are getting hot.
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Subject: Re: Economy News Wed Feb 01, 2023 10:55 pm
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Subject: Re: Economy News Wed Feb 08, 2023 2:06 pm
[ltr]SHOCKS_SS[/ltr] ·3h
US Trade Deficit 2022: Imports, Exports of Goods and Services, by Product Category and Country by Wolf Richter • Feb 8, 2023 Ugliest-ever trade deficit. But US exports grew to $2 trillion, 10% was crude oil & petroleum products. Pharma & industrial machinery exports were #3 and #4. wolfstreet.com/2023/02/08/the-
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Subject: Re: Economy News Wed Feb 15, 2023 11:01 am
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Subject: Re: Economy News Fri Feb 17, 2023 6:08 pm
[ltr]SHOCKS_SS[/ltr] ·4m
US Federal deficit as a % of GDP v. inverted US unemployment rate (blue dotted line = latest Treasury borrowing projection). Only 3 ways to close this gap: 1. Face-peeling inflation. 2. Depression (as US govt slashes its ~25% of GDP spending.) 3. Productivity miracle.
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Subject: Re: Economy News Fri Feb 17, 2023 6:09 pm
[ltr]SHOCKS_SS[/ltr] ·12m
Investor purchases of U.S. homes fell a record 45.8% year over year in the fourth quarter as the high cost of borrowing money and the prospect of substantial home-price declines made real estate investing less attractive.
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Subject: Re: Economy News Fri Feb 17, 2023 6:12 pm
[ltr]SHOCKS_SS[/ltr]
·14m Maddening! Americans, your Government does not have your best interest at heart. Demand better of them then this! While they spend $120 Billion on Ukraine, they leave you poorer, with shorter lives to line their own pockets.
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Subject: Re: Economy News Sat Feb 18, 2023 8:53 pm
Gold's Imminent Return As Money zerohedge.com/geopolitical/gol
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Subject: Re: Economy News Wed Feb 22, 2023 1:02 pm
Mortgage purchase applications fall to lowest level since 1995 washingtonexaminer.com/policy/
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Subject: Re: Economy News Thu Feb 23, 2023 12:07 am
No sympathy here
[ltr]SHOCKS_SS[/ltr] ·8h
JUST IN - NPR to cut jobs by 10% as ad revenue drops. disclose.tv/id/100080/
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Subject: Re: Economy News Thu Feb 23, 2023 12:13 am
Banks Are Panic Borrowing from The "Minor League Fed". Interview with John Titus.
https://www.youtube.com/watch?v=I3_LHGPLP-Q
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Subject: Re: Economy News Thu Feb 23, 2023 4:19 pm
News Corporation is cutting its staff by 5% globally, including in Australia, after its news media division recorded a second-quarter earnings decline of 47%. The decision inevitably reopens questions about the future of the company’s newspapers, particularly once Rupert Murdoch is gone.
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Subject: Re: Economy News Thu Mar 09, 2023 12:27 pm
US jobless claims jump to highest since December According to the Labor Department, US jobless claims rose by 21,000 to 211,000 in the week ended March 4, beating all economists' forecasts. This rise in jobless claims is just a harbinger of things to come in the next two months, when claims should surge after a surge of layoff announcements.
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Subject: Re: Economy News Thu Mar 09, 2023 3:34 pm
@WatcherGuru
JUST IN: FED Chair Jerome Powell says no one should assume the Federal Reserve can protect the economy in a debt default.
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Subject: Re: Economy News Tue Mar 14, 2023 2:32 pm
From Zero Hedge - “Real hourly earnings -1.3%, down for a record 23rd consecutive month. This means that just two months of Biden's presidency have seen inflation-adjusted wage growth, and real earnings have been negative during 92% of Biden's tenure, an unprecedented achievement”
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Subject: Re: Economy News Tue Mar 14, 2023 8:36 pm
electrive.com/2023/03/14/everg
The lights threaten to go out at National Electric Vehicle Sweden (NEVS), the Swedish electric car subsidiary of the Chinese real estate group Evergrande. NEVS is laying off 320 of its 340 employees.
When Evergrande got into financial trouble in October 2021, NEVS started looking for a new owner. At the time, NEVS CEO Stefan Tilk stated he was talking with several investors. However, the situation was not yet threatening the existence of the company. In the end, however, no one took over. “Our decision comes after our owners, Evergrande, and our investor prospects were unable to finalize negotiations accordingly to our contract,” says NEVS interim CEO Nina Selander.
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Subject: Re: Economy News Thu Mar 23, 2023 4:03 pm
[ltr]solomonreports[/ltr] ·30m
Ford expects $3 billion in losses from electric vehicle business unit this year | Just The News
justthenews.com/politics-polic
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Subject: Re: Economy News Mon Mar 27, 2023 9:04 am
@WallStreetSilv
· 12h
If the US dollar's global supremacy erodes, America will face a reckoning like none before.
A surprising segment on CNN. vid https://twitter.com/WallStreetSilv/status/1640143338299969538
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Subject: Re: Economy News Mon Mar 27, 2023 9:06 am
@GoldTelegraph_
· 22h
BREAKING NEWS
SAUDI ARAMCO, THE LARGEST ENERGY COMPANY IN THE WORLD, HAS FORGED AGREEMENTS WITH CHINESE PARTNERS TO BUILD A STATE-OF-THE-ART REFINING COMPLEX IN THE NORTHEAST REGION OF THE ASIAN NATION
Significant. ------------------------- Kenya signs deal with Saudi Arabia and UAE to buy oil with Kenyan shillings instead of US dollars.
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Subject: Re: Economy News Mon Mar 27, 2023 9:07 am
WallStreetSilv
· 18h
An unwinnable mission you say?
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Subject: Re: Economy News Tue Mar 28, 2023 8:50 am
Disney to begin first round of mass layoffs this week as 7,000 cuts await washingtonexaminer.com/news/di
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Subject: Re: Economy News Tue Mar 28, 2023 9:00 am
[ltr]SHOCKS_SS[/ltr] ·19m
BRICS countries have officially overtaken G7 in share of world purchasing power parity GDP; Mexico officialy applies to join BRICS alliance. Brazil, Russia, India, China, South Africa (BRICS) now contribute 31.5% of global GDP, with further projected growth. Meanwhile Canada, France, Germany, Italy, Japan, United Kingdom, and United States (G7) falls
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FYI FROM A FRIEND JUST NOW: “My girlfriend works for an attorney that handles foreclosures, she got word this morning that they cannot proceed with any Chase accounts, they’re on hold until further notice.. I found it interesting, thought I’d share ”
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Subject: Re: Economy News Sun Apr 16, 2023 12:48 pm
Best Buy will layoff 'hundreds' of workers - with store workers who specialize in selling computers and smartphones the first to go dailymail.co.uk/news/article-1
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Subject: Economy News 
Sun Aug 30, 2020 2:23 pm
️An economic recession (if not depression) is inevitable as evidenced by all the projected layoffs. This list is just a few…
Economists Warn Americans Recession Is Coming: "Don't Be Fooled"
US Federal deficit as a % of GDP v. inverted US unemployment rate (blue dotted line = latest Treasury borrowing projection).
FED Chair Jerome Powell says no one should assume the Federal Reserve can protect the economy in a debt default.
FROM A FRIEND JUST NOW: 
”
