When it comes to War and Peace, words have a great influence and meaning. Let us hope we go for Peace. God knows it's worth it.
Just a thought.
Wednesday, October 12, 2022
Relax..
Touchdown..
Help me out here Bro... We sanctioned you for five years, but now we need you. Just a thought.
Pain..
The Federal Reserve is raising the interest Rate to slow down the hot economy. That is causing, among other current problems, a wide range of problems to the American economy and the American families.
How did this happen? and who caused it?
In early 2020, the U.S. Congress appropriated funds in response to the COVID-19 pandemic. These funds were made possible through the Coronavirus Aid, Relief, and Economic Security (CARES) Act and other supplemental legislation. In March of 2021, additional funds were appropriated through the American Rescue Plan Act.
Action and attitude towards fossil fuel, under the "Climate Change" theory. As a result, oil production investment wasn't worth it. Not enough energy to support the economy and the prices of everything skyrocketed. A year later sanctions on Russia impacted the energy production and the prices increased again.
Since the energy prices is international, all the decisions made here in USA impacted USA and Europe, prices on oil and prices of food. Just a thought.
Tuesday, October 11, 2022
Ark..
Sanctuary city, refers to municipal jurisdictions, that limit their cooperation with the national government's effort to enforce immigration law. Leaders of sanctuary cities say they want to reduce fear of deportation and possible family break-up among people who are in the country illegally, so that such people will be more willing to report crimes, use health and social services, and enroll their children in school.
In the United States, municipal policies include prohibiting police or city employees from questioning people about their immigration status and refusing requests by national immigration authorities to detain people beyond their release date, if they were jailed for breaking local law.[1]
"Sanctuary city" does not have a precise legal definition. The Federation for American Immigration Reform estimated in 2018 that 564 U.S. jurisdictions, including states and municipalities, had adopted sanctuary policies.
NYC declared an emergency. Just a thought.
November..
What President Biden asked the Saudi to do doesn't fit with open Market, US policy, or anything related to his early decisions. Biden's Administrations proudly canceled Keystone XL pipeline, Nord Stream 2 pipeline in Germany and placed sanctions on Russian economy with an intention to destroy the stock market and Russian economy.
That in turn, cause major energy problems in Europe that leading to Europe recession.
Opec decided to reduced oil production by 2 million Barrel/day, and in 3 more months they may reduce additional 1 million barrel/day. Just a thought.
Sink..
The International Monetary Fund on Tuesday reduced its outlook for global economic growth and warned that there are still challenges ahead, including high inflation, central bank tightening, the war in Ukraine and the lingering Covid-19 pandemic.
The financial agency said the global economy is “experiencing a broad-based and sharper-than-expected slowdown, with inflation higher than seen in several decades.” Global growth is now projected to come in at 3.2% in 2022, down from 6.0% in 2021, while falling to 2.7% in 2023. The outlook is the weakest it’s been since 2001, the IMF said, except for during the global financial crisis and the initial phase of the pandemic.
“More than a third of the global economy will contract this year or next, while the three largest economies—the United States, the European Union, and China—will continue to stall,” the IMF said. “In short, the worst is yet to come, and for many people 2023 will feel like a recession.”
Subscribe to:
Posts (Atom)