Category: TRENDS ON THE GLOBAL ECONOMIC FRONT – Oct 24 2023

Home 24 October 2023 TRENDS ON THE GLOBAL ECONOMIC FRONT – Oct 24 2023
Chevron Oil Head Office In Calgary, Alberta
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SPOTLIGHT: BIGS GETTING BIGGER

As we have noted since the Central Banksters started to rapidly raise interest rates, the decade’s long merger and acquisition spree is over. However, the “Bigs” will still get bigger, as they buy out overleveraged companies that can’t afford to borrow at high rates to refinance while, at the same time, recessionary pressures erode their profitability. 

Going-Out-Of-Business Sign On A Store In Midtown Manhattan
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GOING OUT OF BUSINESS TRENDS

In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community. Some of the most significant challenges include soaring inflation rates, escalating interest rates, looming fears of a recession, and a tangible decrease in revenues for many sectors…all made worse by the COVID War which destroyed the lives and livelihoods of billions across the globe. 

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