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US economy will soon start losing 175,000 jobs a month, Bank of America warns
wish tv ^
| 10.16.22
| Matt Egan, CNN
Posted on 10/16/2022 6:32:27 PM PDT by RomanSoldier19
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To: RomanSoldier19
Totally worth it, now we got no more mean tweets.
To: All
> The Federal Reserve’s fight to squash inflation will cause the US economy to start losing tens of thousands of jobs a month beginning early next year, Bank of America warns.
because, as everyone knows, inflation is caused by unreasonable workers asking for raises.
3
posted on
10/16/2022 6:39:31 PM PDT
by
SteveH
(.all)
To: SteveH
I thought it was caused by evil gas, meat, and baby formula companies?
To: TreasonObserver
The price we are paying for HRC remaining out of jail.
5
posted on
10/16/2022 6:41:09 PM PDT
by
Track9
(You are far too inquisitive not to be seduced…)
To: RomanSoldier19
We’ve got at least 30 million people who shouldn’t be in this country. People who have been sucking off of the taxpayers for years. Get them out!
6
posted on
10/16/2022 6:44:21 PM PDT
by
dljordan
To: RomanSoldier19
But Biden and all those jobs he created?
7
posted on
10/16/2022 6:45:32 PM PDT
by
Huskrrrr
(Alinsky, you magnificent Bastard, I read your book!)
To: RomanSoldier19
Better get your notes out of the banks now.
Banks used to have to keep a certain percentage of deposits in their vaults.
As of March 2020, the percentage required to be reserved on premises was set to zero.
So now you know why banks won’t let you pull all your money out in cash. Why there are banks where the atms are out of money. Why they limit you to a ridiculous small amount withdrawal per day.
8
posted on
10/16/2022 6:47:03 PM PDT
by
Secret Agent Man
(Gone Galt; not averse to Going Bronson.)
To: RomanSoldier19
BOA agreeing with IMF. Next year will be bad but 2024 will be worse. Seems TPTB cannot stop the decline. The Saudis see the writing on the wall.
I hope all heed the warning signs
9
posted on
10/16/2022 6:49:10 PM PDT
by
griswold3
(There are no solutions; there are only trade-offs. – Thomas Sowell)
To: RomanSoldier19
10
posted on
10/16/2022 6:53:36 PM PDT
by
sauropod
(Unbelief has nothing to say. Chance favors the prepared mind.)
To: SteveH
I get the feeling that unfortunately for the American public has no real leaders that know what they are doing.
11
posted on
10/16/2022 6:53:43 PM PDT
by
Destroyer Sailor
(Revenge is a dish best served cold.)
To: RomanSoldier19
C’mon Sniffer told us the economy is hot as hell
12
posted on
10/16/2022 6:55:22 PM PDT
by
hercuroc
To: RomanSoldier19
The fed most resembles a drunken driver who over-steers
himself into a multi-fatality accident after he goes
over the center divider.
13
posted on
10/16/2022 6:57:45 PM PDT
by
DoughtyOne
(I pledge allegiance the flag of the U S of A, and the REPUBLIC for which stands.)
To: RomanSoldier19
Woohoo!!!
Depression II!!
Build Depression Back Better!!
14
posted on
10/16/2022 7:05:35 PM PDT
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: Destroyer Sailor
Exactly. The US economy is a great ship drifting without a rudder, with a lunatic on the bridge babbling incoherently.
To: dljordan
See you at the bill signing! /W
16
posted on
10/16/2022 7:08:08 PM PDT
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: RomanSoldier19
The BOA wants to return to the days of cheap money with artificial low interest rates. The debt servicing costs on the $31 trillion national debt are close to $400 billion a year and will be more than the DOD budget by 2029.
Inflation is the cruelest tax of all. It is a regressive tax that hurts the poor worst. If we don’t get inflation under control, we will go the way of the Weimar Republic or Argentina.
17
posted on
10/16/2022 7:10:28 PM PDT
by
kabar
To: SteveH
It’s caused by AOC’s Green New Deal.
18
posted on
10/16/2022 7:17:57 PM PDT
by
Paladin2
To: Paladin2
[It’s caused by AOC’s Green New Deal.]
19
posted on
10/16/2022 7:25:50 PM PDT
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: kabar
The debt servicing costs on the $31 trillion national debt are close to $400 billion a year...
I find this:
"The interest on the debt is $479 billion. That’s from the federal budget for fiscal year 2020 that runs from October 1, 2019, through September 30, 2020."
I get that the controlling rates vary but it must be north of a half-trillion by now.
20
posted on
10/16/2022 7:26:14 PM PDT
by
citizen
(The pResident On Hot Mic With Florida Official: ‘No One F**ks With A Biden’)
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