Breaking Points
Krystal and Saagar present findings from the World Bank warning of a global recession due to global interest rate hikes
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New world bank!? Maybe we talk about that!?
When everybody is poor, then no one is.
It's bad for life and environment 😪
I'll bet this starts another world war.
Its end stage capitalism and quite predictable. They have been running the world on debt for many years and now the bill has come due. Silly inflation has been the result. The financial class must perish the world must crumble back to a stable and solvent level without debt. It will not be pretty for debtors.
When they all print money, thus is the outcome.
Fiat currencies fail 100% of the time.
You make it sound like this isn't the plan. Global leaders have consistently said this is the plan to fight climate change. Make energy unaffordable and make everyone consume less.
All going according to plan
Krystal, printing money exacerbates income inequality. Aren't you concerned about this direct effect?
But Joe said the economy is fine.
Back to your tents everyone.
We can thank Biden and pelosi for this he's basically saying please elect republicans stupid
Totally by design. WEF benefits greatly by impoverishing people & centralising both wealth & control. Health mandates, climate mandates, aggression towards Russia for years … everything is lining up beautifully for WEF. USA MIC is also driven by desire to preserve hegemony. We need a world of neutral, strong, diplomatic nations, which may include RSA, India, Brazil etc, & ahould've included Ukraine. Instead, we submit to our new unelected overlords. 🕊
Germans stole (appropriated) LNG tankers that were supposed to supply fuel to India from Russia and now they are screwed and have to pay highest prices for it.
Recession, no! Global economic depression, is absolutely almost here!
Europe 🌍🌎 it went green 🍏💚 you see were they at now burning wood 🪓🪓🪵🤣🥶 green new deal shit
Sounds good to me. Cheap assets for me to buy for idiots who didn't prepare. Also China collapsing would be amazing. They are the only real threat in the world to us.
Why does "this" recession seem so dire compared to previous recessions? We've had them before. It's almost like they are using the word "recession" as a substitution for a far more dire one. People have been saying that the recession is coming for months like the crazy guy on the street corner proclaiming that the end is nigh. Fuck it. If the world banking system is going to collapse, then rip the band-aid off, and let's start this armageddon. I'm tired of living in fear of what is about to come. It's already fucking here.
If you need the world bank to tell you this you're probably on your 3rd booster, or slow from no fault of your own.
What the hell you guys talking about. The dems. Claim the economy is 👍
Krystal u say this with glee. you guys are no different than MSM . Sell bad news and fear. Good for ratings
In India last year, when oil prices were low, India did not dramatically reduce prices, instead many times they raised price, only sometimes reduced it.
We all cursed the government for not reducing oil prices.
But just in September, many countries like Indonesia, Bangladesh and other countries had to raise price by 30℅ . This was a huge shock to public, and they are protesting rightfully.
But here in India, we are relatively better and well prepared and our economy and growth is doing really well.
So good fiscal policies (not only oil), patience, luck and foresight has helped India.
India is a sleeper nation like Brazil- they could both over take the US if they had the right advancements in manufacturing & in global market in general
Fun fact about Brazil: in the I think late 7Os early 80s they made a tank buffing for a contract for the US BUT over national security shit or sum the USA wouldn't buy it even tho it was better.. they have the capability
You don't blame the sunshine for the hangover. Credit below. Market rates for over 10 years caused a bubble, this is a correction, and it's going to suck like a hangover.
Fuk what am I gonna do for a job….shiet
Andddddd there is is. Was wondering how long it'd take for others to catch up
What should I buy before inflation makes luxury items unreasonable
I’ll always need food but should I go ahead and buy that guitar and amp I always wanted before I can’t afford anything else?