The U.S. trucking industry has suffered a dramatic downturn in recent months and financial analysts are worried the bad news is a presage of widespread economic trouble.
Reuters on Friday noted the ostensible support of the Chinese public for draconian “zero-Covid” policies “seems to be wearing thin” amid “food shortages, family separations, lost wages, and economic pain.” Disobedience is on the rise, and so are arrests.
Americans’ wages have dropped by almost 3 percent under President Joe Biden’s high migration, big-spending policies, according to data presented by one of President Barack Obama’s top economists.
A recent study broke down the results of decades high inflation rates indicating that the average household is likely to shell out $5,200 paying the same expenses.
Oh, you want to buy a house? The bad news is that right now, you would pay a historically high price for a home, and as of today, you’d also hand over more money in interest for the privilege to do so — a whopping 5 percent, on average.
