The global depression is edging closer

  There’s a hidden risk to the global financial system embedded in the $65 trillion of dollar debt being held by non-US institutions via currency derivatives, according to the Bank for International Settlements. In a paper with the title “huge, …

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Europe is moving closer to recession every day… Growing chance of a US recession… “Even more likely we are heading toward a phase with a recession combined with high inflation rates.”

It's less aggressive, and markets are less focused than before, but the price of #oil is heading towards its recent high, rising 25%(!) in the last six trading days. Europe is moving closer to #recession every day. pic.twitter.com/WBUuRo10Ab — jeroen …

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Commodity Prices Are Exploding Out Of Control; Food Prices Climbing Closer Toward Record High…

  https://twitter.com/baw690/status/1488879350329970690 Janet Yellen defended the size of the stimulus package that many blame for fueling inflation, though she conceded that describing rising prices as “transitory” was a mistake. — unusual_whales (@unusual_whales) February 3, 2022 Food Prices Climbing Closer Toward …

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