Miscellaneous News

windsclouds2030 said:

Western nations should prepare their peoples for a long-term drop in living standards if their standoff with Russia continues, the Britain’s former Assistant Chief of Defence Staff, Jonathan Shaw, has said.

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Coalescence said:

Based. I hope this will red-pill more Indians about the duplicity of the West.

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windsclouds2030 said:

Western nations should prepare their peoples for a long-term drop in living standards if their standoff with Russia continues, the Britain’s former Assistant Chief of Defence Staff, Jonathan Shaw, has said.

“We need to be psychologically preparing our people for a long-term degradation of standard of living and a long-term confrontation with Russia,” he argued.

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As inflation heats up, 64% of Americans are now living paycheck to paycheck​

gelgoog said:

The US is highly dependent on cars for transport. People live in suburbs far from the city core. If people had already all gone back to work and were not still telecommuting after COVID-19 it would have been even worse. I think if the oil price continues to rise the US will stop oil exports. Go sign that JCPOA with Iran and keep buttering up Maduro Brandon.

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US Embassy in China promotes Nazi-whitewashing Ukrainian organization

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Germany’s industrial base, just emerging from pandemic and unprecedented supply-chain challenges, is taking another beating with Russia’s war on Ukraine hitting its powerhouse car, chemical and precision-machinery manufacturers.

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As the conflict pushes energy costs to new heights and a wave of inflation builds, scores of companies including BMW AG, BASF SE and ThyssenKrupp AG have warned their earnings will slip while others declined even to offer a prediction. Economists have slashed growth forecasts.

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Finance Minister Christian Lindner has warned Germany is in danger of stagflation, when high inflation persists alongside an economic slowdown.

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“With skyrocketing prices for energy and commodities, our main business right now is survival and the preservation of jobs, and no longer making profit,” said Ralf Stoffels, head of BIW Isolierstoffe GmbH, a mid-sized silicon producer in Germany’s former industrial heartland North Rhine Westphalia.

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Stoffels isn’t alone. According to a survey of 3,700 companies by business lobby DIHK, 78% reported that the war was hurting their business, and more than half complained about rising prices or disrupted supply chains.

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Coalescence said:

So it begins, blaming Russia instead of their non-existent Covid strategy, horrible financial policies and idiotic foreign policy for the pain you caused to your own population.

You're not gonna get away with this Biden, get ready to lose the midterm election and the 2024 election.

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Overbom said:

Early Christmas present to China by agent Scholz.

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It now expects the global economy to grow by 2.6%, having previously expected to see an expansion of 3.6%.

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Much of the slowdown will occur in the eurozone, where Unctad now expects to see growth of just 1.7%, half of what it had previously expected. By contrast, it lowered its forecast for U.S. growth to 2.4% from 3%.

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