It’s wake up time. For months, there has been a tremendous amount of denial out there. So many of the “experts” assumed that the Federal Reserve and other central banks had everything under control and that things would “return to normal” before too long. But that hasn’t happened. Instead, the wheels seem to be coming off the bus and nobody seems to know what to do. The Fed appears to be determined to keep raising interest rates in a desperate attempt to fight inflation, and this has forced other central banks all over the globe to raise rates as well in order to keep their currencies from absolutely tanking. But all of these interest rate hikes are taking us into a major global economic downturn, and central bankers in Europe are literally screaming at the Fed to end the madness.
But the Fed is not going to end the madness, and so things are going to get really bad.
In fact, Bank of America is now projecting that the U.S. economy will lose 175,000 jobs a month during the first quarter of 2023…
As pressure from the Fed’s war on inflation builds, nonfarm payrolls will begin shrinking early next year, translating to a loss of about 175,000 jobs a month during the first quarter, the bank said. Charts published by Bank of America suggest job losses will continue through much of 2023.
“The premise is a harder landing rather than a softer one,” Michael Gapen, head of US economics at Bank of America, told CNN in a phone interview Monday.
more here
The United States' president has unleashed a xenophobic attack on Somali immigrants, labeling them "garbage." Donald Trump told reporters they should "go back to where they came from."
The remarks came as US immigration authorities prepare for an enforcement operation targeting Minnesota's Somali community, one of the largest in the country.
....more below
https://www.presstv.ir/Detail/2025/12/04/760037/RACISM-AND-XENOPHOBIA-IN-THE-U-S-
The Islamic Revolution Guards Corps (IRGC) Navy has kicked off a large-scale exercise in the Persian Gulf, showing advanced defensive and offensive capabilities enhanced by artificial intelligence.
The IRGC Navy began the exercise on Thursday, emphasizing enhanced intelligence readiness and demonstrating the unwavering spirit and resistance of its sailors to confront any threat.
During the exercise, naval units conveyed their firm message by issuing warnings to American ships present in the region.
Advanced air defense systems including Nawab, Majid, and Misagh were also deployed in electronic warfare conditions. Using artificial intelligence, these systems were able to identify flying and naval targets in a fraction of the time and hit them with high accuracy.
The exercise, codenamed Shahid Mohammad Nazeri, takes place across the Persian Gulf, the Nazeat maritime zone – Abu Musa, Greater Tunb, Lesser Tunb, and Siri islands, the Strait of Hormuz, as well as the Sea of Oman.....more...
While trafficking young girls, he was also part of an effort to export military-grade systems to governments around the world
Rachel Marsden
By Rachel Marsden, a columnist, political strategist, and host of independently produced talk-shows in French and English.
rachelmarsden.com
When I first moved to New York, I walked into my new dentist’s office and genuinely wondered whether I’d accidentally wandered into a Victoria’s Secret audition.
The waiting room was full of stunning young women. Eventually I learned the dentist shared space with a modeling agency. You couldn’t tell who was getting veneers and who was getting a contract until you were halfway down the hallway.
Jeffrey Epstein’s life operated on the same architectural principle: two businesses shoved into one building, one involving underaged girls, the other involving powerful political figures, including some tied to the Israeli government. Not exactly whitening trays and catwalks, but equally disorienting.
...
