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Black Thursday

Watch PMQs live: Keir Starmer says Tory party ‘crashed the economy’ with 12 weeks of Tory chaos Black Thursday

Watch PMQs live: Keir Starmer says Tory party ‘crashed the economy’ with 12 weeks of Tory chaos

The Labour leader told the Commons: “The failure of the last 12 years and the chaos of the last 12 weeks are compounded by the decisions he is taking now. He won’t follow Labour’s plan to scrap non-dom status. Instead, we have got an NHS staffing crisis. “He won’t follow…
bubmag
November 23, 2022
The Difference Between Global and National Recessions (and What It Means for the US) Black Thursday

The Difference Between Global and National Recessions (and What It Means for the US)

Photo: Donna Gibbs (Shutterstock) With crashing stock markets and soaring consumer prices, the economy is certainly struggling. And yet the “recession” label hangs in the air, not yet an official description for the current state of the economy—in the U.S. and around the world. One of the reasons it’s hard…
bubmag
November 3, 2022
Fed Chair Powell Says ‘Very Premature’ to Pause Interest Rate Hikes — Economist Warns It Will Crash Economy Black Thursday

Fed Chair Powell Says ‘Very Premature’ to Pause Interest Rate Hikes — Economist Warns It Will Crash Economy

Federal Reserve Chairman Jerome Powell says that it is “very premature” to think about pausing rate hikes. “We have a ways to go,” he stressed. However, economist Peter Schiff warned that “Planned rate hikes and QT will only succeed in crashing the economy, not bringing down inflation.” Fed Chair Powell…
bubmag
November 3, 2022
Labour Party ridicules Tory incompetence in series of scathing posters Black Thursday

Labour Party ridicules Tory incompetence in series of scathing posters

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bubmag
October 17, 2022
Economist Peter Schiff Warns Fed Action Could Lead to Market Crashes, Massive Financial Crisis, Severe Recession Black Thursday

Economist Peter Schiff Warns Fed Action Could Lead to Market Crashes, Massive Financial Crisis, Severe Recession

Gold bug and economist Peter Schiff says there are two possible outcomes of the Federal Reserve’s action on the U.S. economy. One outcome leads to “a massive financial crisis and severe recession” as stocks, bonds, and real estate crash. In the second outcome, “the world will run away from the…
bubmag
October 17, 2022