As we head into 2023, people need to buckle up for the most severe economic downturn in history.
Red Alert
December 23 (King World News) – Otavio Costa: The percentage of inversions in the US Treasury curve just shot up to 91%!
This is now worse than the global financial crisis.
Steep recession likely ahead.
Something Is About To Go Terribly Wrong With The Financial System
And The Bust Will Horrific
Peter Schiff: The U.S. will not experience a mild recession. Busts are proportionate to the booms that proceed them. The Fed pricked the biggest bubble it ever inflated. Cleaning up the mess QE and ZIRP created will result in a financial crisis and the most severe recession in U.S. history…
ALERT:
Billionaire and mining legend Ross Beaty, Chairman of Pan American Silver, just spoke about what he expects to see in the gold and silver markets and also shared one of his top stock picks in the mining sector CLICK HERE OR ON THE IMAGE BELOW TO HEAR BEATY’S INTERVIEW.
Millions On The Brink As Protest Break Out
Gerald Celente: Protests broke out across Europe and Asia last week over soaring inflation and wages that are not keeping up with the cost of goods, leading to a “New World Disorder” that will result in widespread civil unrest that will likely only get worse.
BANGLADESH: Nearly 100,000 protesters took to the streets last week to lash out at the soaring energy prices due to the suspension of gas and diesel imports, which has triggered power cuts across the country. The country’s currency has also depreciated by up to 25 percent, which put a strain on the middle class. In the meantime, its total foreign debt rose by 238 percent to $91.43 billion.
“I am a victim of oppression,” Russel Miah, a rickshaw driver, told NDTV.com. “I came here today to protest against the people who are responsible for my current situation.”
The protesters also expressed disgust over the country’s government and called for new elections. The report noted that none of the protests were covered in the media, raising suspicions authorities had pressured them not to.......More Below
https://kingworldnews.com/buckle-up-for-the-most-severe-economic-downturn-in-history/
US Army Secretary Dan Driscoll is preparing to leave the Trump administration after what a new report has described as months of tension with Secretary of War Pete Hegseth, potentially triggering another change at the army’s top echelons.
According to the Friday report by The Wall Street Journal, Driscoll is expected to step down before the end of the year and could leave his post earlier. The newspaper cited people familiar with discussions over his departure.
The Journal reported that Driscoll and his family vacated the official residence assigned to the army secretary at Joint Base Myer-Henderson Hall this summer, a move that could indicate he was preparing to leave the position.
The reported departure would come at a time of continuing uncertainty at the top echelons of the army.
Hegseth abruptly removed Army Chief of Staff Gen. Randy George in April, while Trump has not yet nominated a permanent successo....more below
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The Islamic Revolution Guards Corps (IRGC) warns the enemies that any act of aggression against the Islamic Republic will not go unanswered.
In a statement on Thursday, the IRGC issued a “stern warning” to the enemies after US forces launched strikes against the southern Iranian port city of Bandar Abbas.
Following the US military attack on a point on the outskirts of Bandar Abbas Airport with aerial projectiles, the IRGC carried out new strikes targeting the US air base from which the attack originated in the wee hours of Thursday, it added.
“This response is a serious warning to the enemy that they should know the act of aggression will not go unanswered,” the IRGC emphasized.
The elite military force warned of a “more decisive” response if the enemy repeated any act of aggression.
It also said the responsibility for the consequences of any IRGC response lies with the aggressor.
The statement comes after the IRGC Navy on Thursday forced an American tanker to turn back. The tanker ...
