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/
Volker Turk has warned that efforts to advance reparatory justice are facing resistance in “certain quarters,” and urged countries to back Africa’s push.
Reparatory justice for historical crimes, including colonialism, enslavement, and the trade in enslaved Africans, is crucial to dismantling systemic racism, UN High Commissioner for Human Rights Volker Turk has said.
Speaking at the UN Permanent Forum on People of African Descent on Tuesday, Turk linked present-day discrimination against people from the continent to the enduring legacy of colonialism and enslavement.
”Racism and dehumanizing rhetoric continue to permeate public institutions, communities, and online platforms,” he said, according to the UN Press Service. Turk noted that “digital technologies, including AI, are reproducing and amplifying existing biases against people of African descent.”
The remarks come weeks after the UN General Assembly adopted a resolution declaring the transatlantic slave trade “the gravest...
The US VP had to defend President Trump’s Gaza policy at a rally on a Georgia college campus.
US Vice President J.D. Vance was forced to defend Washington’s policy in Gaza after he was booed and heckled at a key MAGA event on Wednesday.
Co-founded by the late Charlie Kirk, Turning Point USA (TPUSA) is a conservative student group that has long been seen as a strong support base of President Donald Trump’s MAGA movement but is now showing apparent cracks.
Less than 15 minutes into a TPUSA event at the University of Georgia on Wednesday, Vance was interrupted by hecklers over US policy in Gaza, with one audience member shouting, “Jesus Christ does not support genocide!” As he attempted to respond, others shouted, “You’re killing children!” and “You’re bombing children!”
Vance replied by referring to Trump’s achievements as president, including securing a fragile ceasefire in Gaza, something he said the previous administration of Joe Biden failed to do.
“I ...
Sergey Shoigu has cautioned Finland and the Baltic states against allowing Kiev to use their airspace for attacks on Russia.
Russia would have the right to retaliate if Finland and the Baltic states are deliberately allowing Ukrainian drones to pass through their airspace, Security Council Secretary Sergey Shoigu said on Thursday.
“Recently, there has been an increase in Ukrainian drone strikes against Russia via Finland, Lithuania, Latvia, and Estonia,” Shoigu told journalists. “As a result, civilians are suffering and significant damage is being caused to civilian infrastructure.”
Either Western air defenses are proving ineffective, or these four countries “deliberately provide their airspace, thereby becoming open accomplices in aggression against Russia,” he added. In the latter case, Moscow has the right to self-defense in response to an “armed attack” under Article 51 of the UN Charter, the security chief stressed.
In recent weeks, Kiev has intensified drone strikes on ...