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Buckle Up For The Most Severe Economic Downturn In History

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/

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No peace until US moves out of Persian Gulf – senior Iranian official

Mohsen Rezaee, a member of the Expediency Discernment Council, has said preconditions include reparations and security guarantees

For the ongoing conflict between Iran and the US to conclude, the latter must withdraw its military forces from the Persian Gulf, according to a member of the advisory board of Iran’s supreme leader.

Mohsen Rezaee, a retired major general and former commander of the Islamic Revolutionary Guard Corps (IRGC), added that Tehran would also seek full restitution for the damage done and ironclad security guarantees from Washington.

In an interview with Iran’s SNN TV broadcaster published on Saturday, the member of the Expediency Discernment Council said that the “presence of the US in the Persian Gulf has been the main cause of insecurity over the past 50 years.”

“The end of the war is also in our hands,” Rezaee claimed, naming the “US withdrawal from the Persian Gulf” among the key prerequisites. Additionally, Iran expects to receive reparations from the ...

US-made copy of Shahed drone used to stage false-flag attacks on region: Iran Armed Forces

The spokesman for the Khatam al-Anbiya Central Headquarters has accused the United States and Israel of deploying a rebranded copy of Iran’s Shahed-136 drone, designated “Lucas,” to carry out attacks on civilian infrastructure in regional countries as part of a deliberate false-flag operation aimed at framing the Islamic Republic.

In an official statement released today, the spokesman explained that after suffering military setbacks on the battlefield and failing to build political coalitions against Iran, the enemy has resorted to deception.

The statement specifically warned that the objective of these operations is to “create doubt and accuse the Islamic Republic of Iran” while sowing discord between Tehran and its neighbors, thereby undermining the legitimacy of Iran’s defensive actions.

The spokesman pointed to a series of “suspicious attacks” in recent days on facilities in friendly neighboring countries, including Turkey, Kuwait, and Iraq, which Western media outlets and hostile ...

The IRGC strikes US-run al-Kharj air base in wave 51 of retaliation

The Islamic Revolution Guards Corps (IRGC) has announced the execution of the 51st wave of Operation True Promise 4, launching missile strikes against US military installations across the region in retaliation for ongoing American-Israeli aggression against the country.

The IRGC announced the latest wave was carried out using a combination of liquid-fuel and solid-fuel missiles against US terrorist army forces at the Al Kharj Air Base in Saudi Arabia.

According to the IRGC statement, Al Kharj base served as the "origin of aggressions against the Islamic homeland," functioning as the staging ground for US F-35 and F-16 fighter jets involved in attacks on Iran.

The base also houses fuel supply aircraft and serves as the main hub for American AWACS surveillance planes.

Concurrently, the spokesman for the Khatam al-Anbiya Central Headquarters confirmed that the fiftieth wave of the operation struck multiple US terrorist army bases.

They include the Al Dhafra Air Base and Fujairah in the UAE, Jufair in ...

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