The era of prosperity and stability has come to a close, and we are now entering a darker phase of history. The old days of peace, security, and high living standards are now nothing but a distant memory. Life is cyclical, and we are now witnessing the emergence of turmoil.
— HOZ (@MFHoz) January 24, 2023
Fed on Inflation:
– Jun. 2021: Inflation is transitory, will fall back to 2.0%
– Jan. 2022: Inflation to 2.0% in 2022
– May 2022: Inflation to 3.5% in 2022
– Jul. 2022: Inflation is out of control
– Jan. 2023: Inflation to 3.5% in 2023
Meanwhile, inflation stands at 6.5%.
— The Kobeissi Letter (@KobeissiLetter) January 25, 2023
The cost of a dozen eggs in the US has moved from $1.79 to $4.25 over the last year, the largest 12-month % increase on record (+138%). pic.twitter.com/eOp1Zx0bLv
— Charlie Bilello (@charliebilello) January 25, 2023
German foreign minister declares war on Russia pic.twitter.com/C4cAqnZXhD
— Michael Tracey (@mtracey) January 25, 2023