Tweet
A lot of the talking heads on television seem to think that the threat of a recession has passed. So exactly why have these talking heads come to such a ridiculous conclusion? Well, they figure that if a recession hasn’t started by now we are probably in relatively good shape. In other words, they are speculating instead of conducting a hard analysis of the numbers. And the numbers are clearly telling us that economic conditions are rapidly getting worse. Of course the U.S. economy has been on shaky ground for quite some time. We had a recession in 2020, we had another recession in 2022 (although the Biden administration refused to officially acknowledge it), and now it appears that we are entering yet another one. In fact, if the Biden administration was giving us honest numbers, they would show that we are already in a recession right now. But it won’t be too long before things will be so bad that even the numbers given to us by the Biden administration will clearly show that we have entered a new recession.
It is just a matter of time.
There is one extremely important indicator that has been absolutely screaming that a recession is coming.
10-year bond yields have now been below 3-month bond yields for 212 trading days in a row, and such an inversion has “telegraphed the last eight recessions”….....more below
Ghana is interested in purchasing a floating nuclear power plant from Russia, Ghanaian Ambassador to Russian Koma Steem Jehu-Appiah told Sputnik.
"I know that our minister of energy was here last year and signed a corresponding agreement. I think this is innovative, and in a conversation with the minister of energy, he said that the country is interested.
So, Ghana could purchase such a nuclear power plant," the diplomat said when asked about the possibility of Ghana purchasing a floating nuclear power plant.
Russia and Ghana began cooperation in the field of nuclear energy after signing an intergovernmental agreement in 2015.
The agreement outlined plans for joint work in the areas of training specialists, building nuclear power plants and related infrastructure, and providing maintenance services. In October 2023, representatives of Rosatom met with the Ghanaian Ministry of Energy in Cape Town. At the meeting, Russia proposed using floating nuclear power plants to supply power to ...
