#recession

22 posts · Last used 12h

" #Argentina is officially in #recession. Free market dream"🚨is over.

Under #Milei:

  • ~32K bus' closed

  • Industry, const & retail wiped out

  • Only growth sectors are FIN speculation & sale of natural resources

  • 1/3 ppl in poverty" -O Vargas

"Faced with the weakening of consumption & the persistent fall in activity in sectors linked to the dom mkt, analysts➡️to sharply cut their annual growth projections for 2026 *expansion of just 1% or less." #FarRight #Trump #USPol

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"If it wasn't for the data center boom, the US economy🚨would likely be in a deep #recession. It's no wonder that #Trump is going all in for them; he has nothing else to keep the #economy humming." -C Owiki " #DataCenters are booming. 🚨All other private #construction is shrinking." #AI companies🚨will need to find at least $4.2T a year in new revenue by 2031 to pay for their data center buildout, per Bain & Co. Despite the AI boom,🚨Silicon Valley is shedding #tech #jobs." -S Rattner #USPol
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US Republicans have given away billions in #tax money towards "farm subsidized" #soybeans that are sold to #China as they scream #socialism like they scream #recession or "build the wall". Like wounded animals with no idea how to stop the pain of their own instincts. #USPol #MAGA#premarket#investing#CNBC#Squawkbox#NoKings
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US corporate media overlords and the oathless charlatans at the #CNBC bordello didn't invest on "hope" the entire 4 years during the #Biden administration as they were "shocked" at how "resilient" the "US Economy" was under a stable #POTUS. Yet, they would say #recession many times during their weekly broadcast. They don't say that word when the pedophile they voted for is POTUS and I find that dishonest or incompetent. #USpol#premarket#investing#JoeKernen#Squawkbox#NoKings
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The #AI boom is transforming one of the biggest deflationary forces🚨into a key source of US #INFLATION: Import prices for comp & elect prods surged +7.4% in:🚨1st 6 months of 2026, to 77.1 pts -highest since Jan 2016. This also marks a +8.0% YoY jump,🚨the largest annual increase on record. Historic reversal: from a downtrend *persisted for >2 yrs. AI inv boom:🚨is straining MFG cap for semis, servers... as cos race to build out AI infra regardless of cost. -Kobeissi L #Economy #Recession #USPol
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"Despite concerns from debt hawks:🚨US govt is continuing to borrow: for the fiscal year of 2026 so far, the fed #deficit: totaled just under $1.4T. The 1st 9 months of this fiscal year (beg in Oct)🚨have now surpassed the borrowing levels of 2025, when deficits totaled just >$1.3T for the same period. At the time of writing, the total US nat #debt sits at $39.4T." Why the #economy isn't in a #recession, yet *dangerous & unsustainable. #Trump's set🔥to everything. #USPol
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Their entire pump and dump #MAGA hype at #CNBC is caught and it's obvious. Their "Trump Bump" is a complete failure. The MAGA loyalists drained all value out of US markets with the decline in the dollar value since Trump took office. The #stigma on #Squawkbox and anything Trump is likely permanent now. Congratulations #JoeKernen. All that screaming #recession for naught. #Squawkbox#premarket#investing
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"A🚨DISAPPOINTING JOBS REPORT. The US #economy added 57,000 #jobs in June (below expectations of 115k).🚨Hospitality jobs decline by -61k. Plus, April & May were revised lower by -74,000. The unemployment rate fell to 4.2%➡️the lowest in a year, but mainly due to a big drop in ppl job hunting. Bad news:🚨#Wages aren’t keeping up with inflation. Wage gains were 3.5% in the past yr:🚨below ~4% #Inflation -H Long The World Cup was supposed to⬆️jobs, but Trump... #ETTD #Deportations #Recession #USPol
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The #Labor Dept said Thurs that the #unemployment rate declined to 4.2% from 4.3% in May, though the decline mostly occurred because many people out of work gave up looking & were no longer counted as unemployed. The figures suggest companies remain wary of the #economy’s health, with #inflation at a 3-year high & consumer confidence near post-pandemic lows. The #jobs gains initially reported in April & May were also revised lower. #CostOfLiving #affordability #trumpcession #recession #trump
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RE: https://flipboard.com/@cbcnews/canada-1akomc2pz/-/a-iV98VnHOTuCOulvDJOoOQw%3Aa%3A107108217-%2F0 The #Conservative Party of #Canada published an #AI generated ad about #poverty and #recession, despite the AI industry being both one of the leading drivers of #unemployment and one of the leading drivers of #inflation and increasing costs of living. “The medium is the message,” as McLuhan wrote. The use of a poverty-generating technology to produce the ad reveals the real message: The CPC is pro-mass-layoffs, pro-cropland-displacement, pro-electricity-inflation, pro-drought, and pro-impoverishment. Their pretence of concern about working Canadians' economic conditions is a manipulative and exploitative lie. Their hypocrisy is ripe. The Liberals are conservative (hence #Carney enacting #neoliberalism), and the Conservatives are fascist. #cdnpoli #CPC #technicalRecession #CBC #NDP #GreenParty
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The Conservative Party recently released an AI-generated ad. How do voters feel about this kind of content? https://www.cbc.ca/news/politics/conservative-ai-ad-targets-carney-9.7240936?utm_source=flipboard&utm_medium=activitypub Posted into Canada @canada-cbcnews
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#JoeKernen told me there would be #recession nearly every day until 2025. #JoeBiden#POTUS#CNBC#Squawkbox#premarket#investing
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Global economy choking as US-Israel-Iran war ignites markets The Strait of Hormuz — through which 20% of the world's oil flows — is paralyzed after Iranian retaliation strikes. Hundreds of tankers stranded. Brent crude surged to $90. European spot gas prices jumped 80% in days. Industrial impact: Qatalum aluminum plant halting production. Aluminium Bahrain declares force majeure. Gulf nations produce 8% of global aluminum — prices soaring. Semiconductor supply chains threatened: helium (critical for chip manufacturing) has no substitute. Tech: Drone attacks damaged Amazon data centers in UAE and Bahrain. Foxconn chairman warns of broader impacts. Airlines: Wizz Air warns $58 million profit hit. Stocks crashing. Recession risks: Morgan Stanley warns "recession scenario." Goldman: $100 oil slows global growth by 0.4%. Barclays: earnings expectations will be revised down. Real cost: US gas $2.98→$3.32 in one week. German economy faces €40 billion loss over two years if oil hits $100. French industries cutting production. We condemn the Trump administration for launching war without calculating consequences. We condemn the Netanyahu government for regional escalation. We condemn the military-industrial complex profiting while ordinary people pay double for fuel. We condemn a financial system that lets politicians play soldiers while economies burn. Washington lit the fire. Now the whole world burns. https://newsgroup.site/%d0%b2%d1%96%d0%b9%d0%bd%d0%b0-%d1%81%d1%88%d0%b0-%d1%82%d0%b0-%d1%96%d0%b7%d1%80%d0%b0%d1%97%d0%bb%d1%8e-%d0%b7-%d1%96%d1%80%d0%b0%d0%bd%d0%be%d0%bc-%d0%bf%d1%96%d0%b4%d0%bf%d0%b0%d0%bb%d0%b8%d0%bb/ #Economy #OilPrices #Inflation #Recession #StraitOfHormuz #WarEconomy
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