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/
All warfare is based on deception. Hence, when able to attack, we must seem unable; when using our forces, we must seem inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near. Sun Tzu, The Art of War
The Empire of Chaos is relentless. Lawfare, destabilizations, sanctions, kidnappings, color revolutions, false flags, annexations: 2025 will be the year of BRICS – plus BRICS partners – as choice targets under fire.
Inestimable Prof. Michael Hudson coined “chaos” as official US policy. That’s bipartisan – and it runs across all silos of the Deep State.
In the absence of long-term strategic vision, and amidst the progressive imperial expulsion from Eurasia, all that’s left for the Hegemon is to unleash chaos from West Asia to Europe and parts of Latin America – a concerted attempt to Divide and Rule BRICS and thwart their collective drive affirming sovereignty and the primacy of national ...
While NATO may be yearning to take on Russia in the Arctic, many of its troops lack the necessary expertise for survival in such extreme conditions.
Although NATO forces regularly participate in drills in the region, many remain unprepared for the harsh realities of Arctic life.
Though NATO forces routinely participate in the bloc’s drills in the region, many of them are still not prepared to survive in the Arctic’s harsh conditions, The Sun reports citing Minna Alander, a researcher at the Finnish Institute of International Affairs.
"Not all NATO allies have the capabilities that are needed and that work in the Arctic environment and climate,” Alander said.....more below
