Good Results in US Inflation Outlook and Retail Sales — UK Failed State of Poor Leadership — IMF and World Bank Warnings — US Dollar Hegemony Threatened by Indonesia and Saudi Arabia - [10-16-2022]
Good Results in US Inflation Outlook and Retail Sales — UK Failed State of Poor Leadership — IMF and World Bank Warnings — US Dollar Hegemony Threatened by Indonesia and Saudi Arabia - [10-16-2022]
Inflation seems to be slowing but not significantly. If the rail unions really do get a 24% rise, expect the beginning of a wage-price spiral. As that happens the Fed will continue applying the brakes. But in other sectors people are reducing expenses, the masses are in financial trouble already. Serious investments are being reduced expecting troubles.
The Sauds continue to prove oil is a very real currency. If the US restricts arms sales they then go to Russia even if per Ukraine evidence Russian stuff isn't quite as good. The US can't "punish" Saudi Arabia what hubris. The Saudis noted we cur back on oil production and are laughing all the way to the bank.
Oh so true Charles, thank you for commenting. You may like to review the comments here on my other website; they are mainly in America, and the site is hosted by an amazingly honest 'Admin' - aka Jim Quinn. He gave me my first chance to serialise my book in 100 weekly issues in 2018 - this is my archive:
Inflation seems to be slowing but not significantly. If the rail unions really do get a 24% rise, expect the beginning of a wage-price spiral. As that happens the Fed will continue applying the brakes. But in other sectors people are reducing expenses, the masses are in financial trouble already. Serious investments are being reduced expecting troubles.
The Sauds continue to prove oil is a very real currency. If the US restricts arms sales they then go to Russia even if per Ukraine evidence Russian stuff isn't quite as good. The US can't "punish" Saudi Arabia what hubris. The Saudis noted we cur back on oil production and are laughing all the way to the bank.
Super stuff HH , IMHO you are on target. This Fourth Turning is running according to plan. My Chapter 13 appears to be unfolding on track, so far.
BTW - you may to hop over to: https://www.theburningplatform.com/author/austrian-peter/ where the comments are worth reviewing. :-)
If Joe Biden completely drains the US oil reserves before election day, gasoline prices could drop below $2.00 / per gallon.
The 4th Reich is busy, busy, busy.
Oh so true Charles, thank you for commenting. You may like to review the comments here on my other website; they are mainly in America, and the site is hosted by an amazingly honest 'Admin' - aka Jim Quinn. He gave me my first chance to serialise my book in 100 weekly issues in 2018 - this is my archive:
https://www.theburningplatform.com/author/austrian-peter/ Nazis feature here!