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Nairaland Forum / Nairaland / General / Business / The US Dollar Crash And The Impending Global Recession Will Begin This October (3239 Views)
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Re: The US Dollar Crash And The Impending Global Recession Will Begin This October by APCHaram: 2:14pm On Sep 12, 2021 |
[s] joyandfaith:[/s] |
Re: The US Dollar Crash And The Impending Global Recession Will Begin This October by joyandfaith: 2:21pm On Sep 12, 2021 |
APCHaram: When a fool utters all kinds of insults against you in a social media group without even knowing you or without any worthwhile reason or provocation usually they are merely sad & pathetic attention seeking trolls who we should all feel sorry for. They don't deserve our anger. They deserve our pity. R.M. Engelhardt |
Re: The US Dollar Crash And The Impending Global Recession Will Begin This October by Nobody: 2:44pm On Sep 12, 2021 |
Elliotwaveforec: Well, I’m collating news from different sources. His views match what I’ve been reading from Americans about their economy taking a downturn due to a lot of factors like the coronavirus pandemic etc. Inflation is rising in America due to the overprinting of the dollar. There is shortage of workers in different sectors of the economy etc. Their shelves are getting empty due to shortage of truckers, port workers etc. A lot of businesses are closing down, businesses that have been in operation for more than a century etc. That is why I said you should come up with a reasonable argument to counteract his points. 1 Like |
Re: The US Dollar Crash And The Impending Global Recession Will Begin This October by APCHaram: 3:28pm On Sep 12, 2021 |
kmcutez: And to buttress all you said, there is a shortfall in US labor. For the first time in US history, job listings are higher than unemployment rates. Why? Because the stimulus package is making a lot of young people remain unemployed rather than get a job. This has seen to a steep decline in labor supplies and is the reason causing serious supply glitches as companies struggle to fill in vacant spots which most people are not willing to take since they get stimy checks from the govt coupled with the moratorium on rent evictions. So they live on .gov and don't even have to worry about the rent. 1 Like |
Re: The US Dollar Crash And The Impending Global Recession Will Begin This October by joyandfaith: 4:30pm On Sep 12, 2021 |
Re: The US Dollar Crash And The Impending Global Recession Will Begin This October by APCHaram: 4:32pm On Sep 12, 2021 |
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Re: The US Dollar Crash And The Impending Global Recession Will Begin This October by APCHaram: 4:39pm On Sep 12, 2021 |
[s] joyandfaith:[/s] |
Re: The US Dollar Crash And The Impending Global Recession Will Begin This October by joyandfaith: 4:42pm On Sep 12, 2021 |
Re: The US Dollar Crash And The Impending Global Recession Will Begin This October by APCHaram: 4:43pm On Sep 12, 2021 |
[s] joyandfaith:[/s] Fool, why are there laws against conspiracy and conspirators and why are you bent on pushing the outdated CIA psyche OP known as ''conspiracy theory''. |
Re: The US Dollar Crash And The Impending Global Recession Will Begin This October by McStoic(m): 4:45pm On Sep 12, 2021 |
It's not good to go full throttle, bandying second hand information like this. You may be remotely right, but these things take time to implement. It's not as simple bread and tea... 1 Like |
Re: The US Dollar Crash And The Impending Global Recession Will Begin This October by APCHaram: 4:56pm On Sep 12, 2021 |
McStoic: Oh yeah? Think again. America has run its course like all empires. They are at their dying stage. Decadence, debt, inflation, elite class, and an over bloated corrupt indiscipline military spread across the empire is a sign of the end of an empire. Read The Fate of Empires by General Sir John Glubb
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Re: The US Dollar Crash And The Impending Global Recession Will Begin This October by McStoic(m): 5:10pm On Sep 12, 2021 |
APCHaram: Simmer down. There is the God part... |
Re: The US Dollar Crash And The Impending Global Recession Will Begin This October by RevDesm0ndJuju: 5:16pm On Sep 12, 2021 |
McStoic: And they turned their back on God and embraced Jewish Globo Homo. America deserves all that is coming to her for all the atrocities she has committed on behalf of Judas. |
Re: The US Dollar Crash And The Impending Global Recession Will Begin This October by ruggedtimi(m): 7:49pm On Sep 12, 2021 |
APCHaram:see the bolded...you spoilt your story and I knew you are joke. 1 Like |
Re: The US Dollar Crash And The Impending Global Recession Will Begin This October by RevDesm0ndJuju: 7:57pm On Sep 12, 2021 |
ruggedtimi: Uppity nigger you are... |
Re: The US Dollar Crash And The Impending Global Recession Will Begin This October by Nobody: 10:05pm On Sep 12, 2021 |
Treasury Secretary Janet Yellen has issued warnings to Congress that the U.S. government will be unable to continue financing government activities, leading to a shutdown in October unless the debt ceiling is raised, the Associated Press reported. According to estimates from the Congressional Budget Office, funding for programs such as Medicare, Social Security and Supplemental Security Income likely will be halted in October or November as the government runs out of funding. In a letter sent to Congressional leaders Wednesday, Yellen cited a similar concern, saying that the Treasury Department is likely to exhaust all funds and extraordinary measures available as soon as next month. She noted that additional stress from the COVID-19 pandemic and related economic relief has raised uncertainty about how long she would be able to keep the government from broaching its borrowing limit. "Given this uncertainty, the Treasury Department is not able to provide a specific estimate of how long the extraordinary measures will last. However, based on our best and most recent information, the most likely outcome is that cash and extraordinary measures will be exhausted during the month of October. We will continue to update Congress as more information becomes available," Yellen wrote. https://www.newsweek.com/government-will-run-out-money-october-leading-shutdown-if-debt-ceiling-not-raised-1627131 |
Re: The US Dollar Crash And The Impending Global Recession Will Begin This October by chigo4u: 10:58pm On Sep 12, 2021 |
Coc.k and bull nonsense. Op get a life , I know you won’t be willing to place a bet on any of your nonsense theories 1 Like |
Re: The US Dollar Crash And The Impending Global Recession Will Begin This October by Nobody: 11:09pm On Sep 12, 2021 |
chigo4u: What is cock and bull about his story? |
Re: The US Dollar Crash And The Impending Global Recession Will Begin This October by APCHaram: 8:22am On Sep 13, 2021 |
kmcutez: The WH will end Covid payments and other stimulus packages to small and medium businesses by October. The rent moratorium will be lifted by this same October which will see about 11milllion Americans face evictions. Small and Medium businesses who have taken the most of the hammering due to the lockdowns and which account for 50% of US labor will be forced to close forever. This means a vast majority of Americans will end up unemployed and homeless. With small and medium businesses shuttered and farms going under due largely to foreclosures as a result of farm produces not reaching the market as a result of supply glitches, food prices have soared and will continue to soar. Last year, Bill Gates became the largest farm holder in the US as he bought up many failing farms. Food inflation will sky rocket! This is all geared towards one thing - the neo-liberal cooperations take over of the entire American economy. Amazon has displaced a lot of small retail outlets in the US owing to forced lockdowns. Most of these small retail outlets sell Made in American products unlike Amazon that imports from China. With small retail businesses shutting down, so also will American factories suffer thereby leading to more unemployment and further death of American industry in place of that of China. What we are seeing in the US is an orchestrated demolishing of the US society and economy by the Communists in Joe Biden's WH and the DNC. Someone rightly predicted way back that America's collapse will not be from external forces but from within. 1 Like |
Re: The US Dollar Crash And The Impending Global Recession Will Begin This October by Elliotwaveforec: 1:40pm On Sep 30, 2021 |
APCHaram:Prophet of doom, how far? See GDP o, stronger than expected.
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Re: The US Dollar Crash And The Impending Global Recession Will Begin This October by Jilingori: 5:01pm On Sep 30, 2021 |
CNN NEWS OCTOBER 28-Us will run out of money by October says treasury secretary jannet yellen. |
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