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Items tagged with: economy
The Federal Reserve bank just released a research paper showing that lower income locales have been hit with higher #food #inflation rates than rich locales — & the Fed says the culprit is market concentration (read: corporate monopolies)
levernews.com/big-grocerys-hid…
x.com/grahamformaine/status/20…
@povertyandinequality @politics #uspol #economy #monopoly #billionaires #foodsecurity #agriculture #starvation #environment #usa #resistance #democracy #trump #poverty #humanrights #health #justice @democracy
Big Grocery’s Hidden Poverty Tax
Low-income neighborhoods face higher food inflation than rich ones, and new research suggests market consolidation is the culprit.The Lever
Even Epstein said it: The plan is to crash the economy, create a huge stimulus package for the financial sector, use the position of power to pocket the money for loaylists, and foot the bill on the taxpayer.
This is the plan. The actual message I read from the #Epsteinfiles is another wealth transfer to the ultra-rich by manufacturing a crisis.
Funding far right think-tanks, experts in victim-blaming, is their get out of jail free -card.
the financiers of the #pedophile Epstein Class want you to believe if their fantasy valuations disappear, so will the global #economy.
girfters only know one thing: GRIFT. the crypto/AI house of cards is tumbling & they want to scare us into bailing them out.
AGAIN.
but economies are human activity, not financial instruments.
BITCOIN’s FAILURE IS A “MARKET CORRECTION”
bitcoin billionaires are economics failures.
deal with it.
futurism.com/future-society/bi…
If Bitcoin Keeps Tanking, It Could Cause a “Death Spiral” for the Entire Economy
Michael Burry warned that further losses for Bitcoin could put a major strain on the balance sheets of investors that overindexed on crypto.Victor Tangermann (Futurism)
youtu.be/21e5GZF3yx0?si=VQ0m9h…
"The collapse of the #AI bubble is going to be ugly. Seven AI companies currently account for more than a third of the #StockMarket, and they endlessly pass around the same $100bn IOU.
AI is the asbestos in the walls of our technological society, stuffed there with wild abandon by a #finance sector and #tech monopolists run amok. We will be excavating it for a generation or more."
- @pluralistic
theguardian.com/us-news/ng-int…
#Technology #ArtificialIntelligence #Business #Economy #News #World
AI companies will fail. We can salvage something from the wreckage
AI is asbestos in the walls of our tech society, stuffed there by monopolists run amok. A serious fight against it must strike at its rootsCory Doctorow (The Guardian)
“It’s right now a little bit in progress,” #Trump told reporters. “But pretty far along. It gets us everything we needed to get.” Trump, however, would not say if the deal involved the #UnitedStates obtaining ownership of #Greenland.
#MafiaState #imperialism #geopolitics #tariffs #economy #inflation #Denmark #Europe #NATO #NewWorldOrder #law #InternationalLaw
Speaking to CNBC, #Trump said the #Greenland deal was everything the White House wanted & was a deal everyone was happy with.
"Its a little bit complex," Trump said about the deal, saying it will be explained "down the line."
"This is forever," Trump told CNBC.
#MafiaState #imperialism #geopolitics #tariffs #economy #inflation #Denmark #Europe #NATO #NewWorldOrder #law #InternationalLaw
No immediate comment from #NATO
Reuters has asked NATO for more details on Trump's announcement.
#Sweden’s Foreign Minister Eva Stenergard said the work of #allies on #Greenland "has had an effect." [whatever that means]
#EU leaders will proceed with an emergency summit on Thursday even after #Trump rowed back on his threats of #tariffs against some countries over #Greenland, a council spox said.
#imperialism #geopolitics #tariffs #economy #Denmark #Europe #law
reuters.com/world/davos-live-t…
The details of any framework aside, Trump’s decision to back down from steep new #tariffs on European countries came days after financial #markets recoiled over the prospect of a #trade war. Some analysts felt that a protracted battle threatened to harm the #US #economy, not just the countries that #Trump had been trying to pressure over #Greenland.
Nevertheless, it was not the first time that #TACO has retreated from his tariff plans, particularly in the wake of a strong market reaction.
#law
#Trump said that VP #JDVance, Secy of State #MarcoRubio, the special envoy #SteveWitkoff & other officials would continue to lead negotiations on #Greenland. But it seemed that #MarkRutte, the secretary general of #NATO, was able to successfully de-escalate tension with Trump after days of threats & insults against European leaders who resisted his territorial expansion.
#MafiaState #imperialism #geopolitics #sovereignty #tariffs #economy #inflation #Denmark #Europe #law #InternationalLaw
#Trump claims he's reached a framework deal on #Greenland
Announcement came after he met with #NATO chief
He also said, based upon this understanding, he will not be imposing new tariffs scheduled to go into effect on February 1.
#MafiaState #imperialism #geopolitics #sovereignty #tariffs #economy #inflation #Denmark #Europe #law #InternationalLaw
‘This is sell America’:🚨US$, TSY prices tumble & gold spikes as globe flees #USAssets. Trump’s latest threats around #Greenland pushed global investors to shift exposure away from US-centric investments. The US$ index headed for its biggest decline since Apr. US bond prices tumbled, sending yields spiking.
The #TrumpRegime is an existential threat to #Americans, #immigrants, ppl: globally, #investors holding US$, bonds & stocks...
#Economy #NewWorldOrder #Protest #USPol
cnbc.com/2026/01/20/sell-ameri…
'This is sell America' — U.S. dollar, Treasury prices tumble and gold spikes as globe flees U.S. assets
The 'sell America' trade is in full swing Tuesday morning.Alex Harring (CNBC)
A stunned #Europe finally wakes up to #Trump’s #Greenland threat
An emergency meeting of #EU ambassadors will take place in Brussels on Sunday in response to Trump’s threat, which he made after an estimated quarter of the population of Greenland’s capital Nuuk joined #protests against any potential #annexation.
#MafiaState #imperialism #geopolitics #trade #economy #tariffs #sovereignty #Denmark #Europe #NATO #NewWorldOrder #law #InternationalLaw
cnn.com/2026/01/18/europe/euro…
I thought it would be just another empty threat, but the lunatic has gone & done it…
#Trump says 8 European countries will be charged a 10% #tariff for opposing #US control of #Greenland
#MafiaState #imperialism #geopolitics #trade #economy #inflation #Denmark #Europe #NATO #NewWorldOrder #law #Congress #WarPowers #InternationalLaw
apnews.com/article/denmark-gre…
