Americans should brace for a painful downturn, the billionaire has said
Amazon founder Jeff Bezos has warned that the US economy may be headed for a recession as surging inflation is causing too much pain.
He expressed this view while retweeting a CNBC interview with Goldman Sachs CEO David Solomon on Tuesday in which the banker warned that he saw a “good chance” of a recession in the US and advised business owners to be cautious and prepare for more market volatility as growth headwinds mount.
“Yep, the probabilities in this economy tell you to batten down the hatches,” Bezos wrote on Twitter in response.
The billionaire has joined a growing chorus of leading investors, executives, and analysts – including JPMorgan Chase CEO Jamie Dimon – who are sounding the alarm over what lies in store for the US economy.
Economists say that inflation remains a persistent problem for the US economy. The current inflation rate of 8.2% is the highest since 1981. Meanwhile, the core US consumer price index (CPI), which excludes food and energy, rose by a record 6.6% year-to-date through September, according to official data released earlier this month.
https://www.rt.com/business/564980-bezos-dire-warning-us-economy/
The document’s dismissal of Europe “as a power of no significance signals that there are three truly great powers left: the United States, Russia and China,” military expert Alexei Borzenko told Sputnik.
The US is also “well aware that we’ve outpaced them on certain types of weapons,” the observer said, citing Russian advances in hypersonics, and the depletion of US and European weapon stocks in Ukraine.
The US is eager to end the crisis in Ukraine, which has proven “a dead-end situation" for NATO "from which the only way out is peace,” Borzenko said, citing the document’s conciliatory language on the conflict and on Russia.
Furthermore, “during negotiations, the Americans figured out what the Kiev junta represents, and how difficult it is to negotiate with it. They understand what kind of crooks they are dealing with” and are tired of it, Borzenko argues.
That’s why various leaders’ recent claims that the Ukrainian crisis could end abruptly seems like a real ...
The head of the Supreme Alawite Islamic Council in Syria and Diaspora, Sheikh Ghazal Ghazal, has called for a nationwide five-day general strike in a “peaceful and clear response” to the religious persecution and sectarian violence against members of the community under the ruling Hay'at Tahrir al-Sham (HTS) regime.
Sheikh Ghazal, in a statement released on Saturday, announced that the strike will begin on Monday and will end on December 12, in response to the pressures and threats from HTS authorities.
“Our response will be completely peaceful, and will be expressed through a nationwide strike and staying indoors for five days,” he noted.
Sheikh Ghazal stated that the fall of former President Bashar al-Assad's government late last year was expected to usher in a new era in Syria’s history, but it was the collapse of remnants of the homeland under the motto of freedom.. ..more below
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United States President Donald Trump came to power promising to stop America’s endless wars, but he is on the cusp of starting another one — in Venezuela. Protesters came out in cities across the United States to stop the escalating aggression of Washington towards the oil-rich nation.....more below
https://www.presstv.ir/Detail/2025/12/07/760163/US-protests-Venezuela-war
