Obama Economist: Stagflation Mega Threat

Watch the latest video at foxbusiness.com The danger of the U.S. economy returning to a 1970s-style stagflation scenario is the highest it’s been in decades, according to former President Barack Obama’s top economic adviser. Jason Furman, a Harvard University professor …

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ALERT: WHO Upgrades MonkeyPox Threat Level

Global monkeypox threat upgraded to ‘moderate’ by World Health Organization amid fears virus will jump to animals and never be eradicated WHO said outbreak is ‘moderate risk’ because clusters have been reported in different places simultaneously The outbreak, which was …

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Executive Order on Addressing the Threat from Securities Investments that Finance Certain Companies of the People’s Republic of China

by Festortheinvestor https://www.whitehouse.gov/briefing-room/presidential-actions/2021/06/03/executive-order-on-addressing-the-threat-from-securities-investments-that-finance-certain-companies-of-the-peoples-republic-of-china/ Executive order active from June 3th, prohibiting Americans from owning/investing in Chinese companies of a certain criteria (mostly all of them) This is going to have big implications on the finance sector, Hedgies.r.fuk

Default Threat Reaches Pakistan as Political Crisis Deepens

by Boo_Randy In a world drowning in debt, here come the cascading defaults. Sorry, central banker scum, you won’t be able to print this away. https://www.bloomberg.com/news/articles/2022-05-24/default-threat-reaches-pakistan-in-deepening-political-crisis?srnd=premium-asia&sref=ibr3A0ff Soaring inflation. Squabbles over fuel prices. A fractious political environment. For months, Pakistan has …

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Summer vacation plans for millions of Americans under threat: Gas prices hit record $4.45 a gallon, airfares surge 33% and camps for kids hike fees up to 15%

by Boo_Randy The spot price of gasoline hit a new record on Friday.. US inventories ahead of the summer are sounding the alarm chart from @Credit_Junk pic.twitter.com/ED2HwEoUt0 — Alessio (@AlessioTMAD) May 15, 2022 How’s that “Build Back Better” working out …

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Powell says inflation poses ‘severe’ threat to job market… Fed got fooled by their own stimulus. AGAIN? First S&P high NOT confirmed by the Wilshire nor by NYSE breadth… Crash risk is high

Fed Chair Jerome Powell pledged to do what’s necessary to contain an inflation surge in his confirmation hearing before Congress today. He steered clear of sharing fresh details on the path of U.S. monetary policy https://t.co/RuJiXCC3ax pic.twitter.com/ovUa0vIRjR — Bloomberg TV …

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