In September, U.S. core inflation—which excludes the cost of food and energy—rose 6.6 percent, year over year, the sharpest annual jump since August 1982, the U.S. labor department reported.
Author: admin (Kendrick Williams)
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HEDGE FUNDS BET ON THE BUCK
The U.S. dollar has gained 18 percent in value this year against six other major currencies, rising with the U.S. Federal Reserve’s interest rate. As a result, the buck is poised to record its biggest annual gain on record.
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EXPECT A NEW DEBT EXPANSION CYCLE TO BEGIN
If central banks do not find another mechanism to continue to inflate, IMMEDIATELY, the entire global financial system will melt down.
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YOU WILL OWN NO SOFTWARE AND BE HAPPY—PART ONE
Citizens are becoming digital serfs on SAAS (Software as a Service) plantations, with AI drivers ensuring no thought or dissident vision steps out of line.
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FIRST AMENDMENT SHOWDOWN: MISSOURI VS BIDEN
The case is Missouri vs. Biden. It could bring the trampling of American free speech rights by the Federal government centerstage, if there’s still any honesty or integrity left in American jurisprudence.
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RADICAL AMERICANS FUNDING LONDON “JUST STOP OIL” PROTEST
Will their bank accounts and crypto accounts be shut down? This past week saw chaos in London, as a radical group called “Just Stop Oil” formed human blockades across major city streets, glued themselves to police vehicles, and were even dragged to the curb by angry motorists.
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MOST AMERICANS LIVING PAYCHECK TO PAYCHECK, NEW STUDY FINDS
Six in ten Americans live from one paycheck to the next, slightly more than the 55 percent who reported a hand-to-mouth existence 12 months earlier, according to a new survey by LendingClub, an online loan company.
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STRONG DOLLAR MEANS WEAKNESS IN EMERGING NATIONS
Sri Lanka and Zambia have defaulted on their debts, with another dozen countries at, or already tipping over, the edge of insolvency, Reuters reported.
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WHO NEEDS COLLEGE? UNIVERSITIES STRUGGLE WITH ENROLLMENT AFTER COVID LOCKDOWNS, AS WE FORECAST
Enrollment in both public and private colleges was down 4.1 percent year over year in 2022, or down 16.2 million students, The National Student Clearinghouse Research Center said in a recent report.
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OPEC+ CUTS DAILY OIL OUTPUT LIMIT BY TWO MILLION BARRELS
The Organization of Petroleum Exporting Countries, Russia, and its other allies, known collectively as OPEC+, have agreed to cut daily oil production by two million barrels a day in an attempt to lift oil prices back up above $100 a barrel in the face of a weakening global economy.