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  • Re: McDonald's Is Back, Moscow Style, as Russian Economy Stumbles On

    From David P.@21:1/5 to Oleg Smirnov on Thu Jun 23 13:08:26 2022
    Oleg Smirnov wrote:
    McDonald's Is Back, Moscow Style,
    Watch Chinese (Taiwanese) degustation <https://bit.ly/3HR2DyD>
    as Russian Economy Stumbles On
    And the US economy is heading for the abyss.

    <https://archive.is/OFrAE> bloomberg.com

    The US Economy Is Headed for a Hard Landing ..

    If you're still holding out hope that the Federal Reserve will be
    able to engineer a soft landing in the US economy, abandon it. A
    recession is inevitable within the next 12 to 18 months ..

    First, persistent price increases .. Second, .. failing to bring
    inflation back down would be disastrous .. The production adjustment
    is likely to be abrupt .. The broad US equity market is down more
    than 20% .. As inflation outstrips wage growth, the personal savings
    rate has plummeted ..

    Finally, economic history points to a hard landing .. The US economy
    has plenty of momentum but rapidly disappearing support. Falling
    back to earth will not be a pleasant experience ..
    ----------------------
    All politicians should have a job requirement to attend
    regular meetings of a spiritual recovery program, to learn to be
    more honest and less selfish! Their jobs are way too important,
    and people are too imperfect, for them to be left to their own
    wherewithal! Then, the principles of the program will trickle
    down to others who need them!
    --
    --

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Oleg Smirnov@21:1/5 to All on Thu Jun 23 22:51:47 2022
    McDonald's Is Back, Moscow Style,

    Watch Chinese (Taiwanese) degustation <https://bit.ly/3HR2DyD>

    as Russian Economy Stumbles On

    And the US economy is heading for the abyss.

    <https://archive.is/OFrAE> bloomberg.com

    The US Economy Is Headed for a Hard Landing ..

    If you're still holding out hope that the Federal Reserve will be
    able to engineer a soft landing in the US economy, abandon it. A
    recession is inevitable within the next 12 to 18 months ..

    First, persistent price increases .. Second, .. failing to bring
    inflation back down would be disastrous .. The production adjustment
    is likely to be abrupt .. The broad US equity market is down more
    than 20% .. As inflation outstrips wage growth, the personal savings
    rate has plummeted ..

    Finally, economic history points to a hard landing .. The US economy
    has plenty of momentum but rapidly disappearing support. Falling
    back to earth will not be a pleasant experience ..

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)