youtube.com/shorts/XCQJEu6…

Over the last 3 months the US economy has shed 1.87million full time jobs. That's the largest decline since the GFC, outside the covid lockdowns.

England and Wales report highest number of company insolvencies since 2009, further indicating forthcoming recession. malaysia.news.yahoo.com/england-wales-…

Racism in Tesla factories youtu.be/jaam7ShMPW0

🚉 RMT stands in solidarity with railway workers across the world this #GlobalActionWeekforRail . We will not rest until we have #SafeAndSustainableRail for all

Institutional racism affects the health, safety and welfare of Black workers. Trades Union Congress want to know about the treatment of Black workers since the covid 19 pandemic lockdowns.
Please complete this survey and share with others you know. surveymonkey.co.uk/r/ZDJ8CCJ

Lankford: 'I'm concerned you're...encouraging anyone who has a large deposit at a community bank to say, we're not going to make you whole, but if you go to one of our preferred banks, we will make you whole.'

Yellen: 'That's certainty not something that we're encouraging.'

CSPAN We are not a nation of laws but of political will. FDIC provisions are in place to protect deposits up to $250k. Political will is to protect the ruling class. Political will wins every time.

Olivier Blanchard Without additional money supply there wouldn't be inflationary pressures to such degree. In a wage-price spiral, firms ability to increase prices depends upon increased aggregate spending in nominal terms, without the additional supply of money such spending could not take place.

I don’t think the Federal Reserve can get inflation back to 2% without a deep, job-destroying recession. Even if it gets back to 2%, it won’t remain stable there for the long term. Accepting 3%+/- inflation is a better strategy for a strong economy and job growth over the LT.

youtu.be/2lzKQ9tPwt0

news.bitcoin.com/federal-reserv…

Paul Krugman The phillips curve of today differs to that of the 1970s. In the 1970s, labor unions were stronger, and very substantial increases in unemployment were required to undermine their bargaining power. This is simply not the case today.

I was not attacking CZ 🔶 BNB . I was telling UAE authorities that Binance should not have a license to operate in UAE when they are banned in the UK and under US Justice Dept investigation; and that he should be kicked out of the UAE. Who gave him a visa to stay there?

My new book “MegaThreats:
Ten Dangerous Trends That Imperil Our Future, And How to Survive Them” will be published in October. You can pre-order it at littlebrown.com/titles/nouriel…

Is Iran at a Turning Point After a Month of Widespread Protests? trib.al/93HyrTF

Live view of British policymakers youtube.com/watch?v=kdFnfc…

Did you clap our NHS workers during the pandemic?

In the coming weeks, nurses, junior doctors, ambulance service and other health workers will ballot to strike.

They’re fighting for better – because claps don’t pay the bills.

RT if you’re behind them 👊

#EnoughlsEnough

Trevor Noah on Iran protests #Iranprotests #revolution #mahsaamini #trevornoah