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Category: 29 November 2022

Home 29 November 2022
ECONOMIC UPDATE – MARKET OVERVIEW
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ECONOMIC UPDATE – MARKET OVERVIEW

It’s all about the bottom line. And since the Panic of ’08 when the Bankster Gangsters began a scheme called quantitative easing and shrunk interest rates to negative and zero rates...the bottom line was cheap money printed out of thin air and backed by nothing that artificially drove up U.S. and European economies. 

U.S. Goes from Capitalism
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U.S. GOES FROM CAPITALISM TO CORPORATISM

Northvolt, Europe’s premier maker of batteries for electric vehicles (EVs), is looking to expand its presence in the U.S., lured by at least $369 million in financial incentives offered through the Inflation Reduction Act (IRA) to build a factory here, compared to Germany’s offer of about €155 million, the Financial Times reported.