Growing Fears over Global Recession

Most of the world’s largest economies have reasons to worry, w/ price pressures remaining high as the inept govt policies continue to keep energy and food prices elevated

Central banks globally have reacted with a series of interest rate rises, even though higher borrowing costs could exacerbate the squeeze on real incomes. Following the American Fed’s lead, the Bank of England raises the rate by 25 basis points to 4.5% in May 2023, marking the twelfth consecutive rate increase and pushing borrowing costs to fresh highs not seen since 2008, as it continues to battle double-digit inflation

In the U.S. inflation climbed 4.9% in April from a year earlier, w/ underlying trends that could keep it persistently high over time have remained intact. The global forecast, as you can see, isn’t comforting at all, but Mr. Biden is pouring oil on flames, warning “the whole world is in trouble” if U.S. defaults on debts

#USA #Economy #Inflation #FindTruth

@uinhurricane

C.I.A. Helped to Discredit Hunter Biden Laptop Story

Congressional report explores how the Biden campaign took active measures to discredit the allegations about Sleepy Joe’s son Hunter Biden by exploiting the national security credentials of former intelligence officials and promote it through the media

The writing says an active employee within the C.I.A. helped wrangle signatories to an October 2020 letter of 51 intel veterans discrediting info from the abandoned laptop as Russian disinfo, despite evidence that officials actively working in the intel committee should have known the laptop was authentic

Former Director of National Intelligence James Clapper emailed former acting C.I.A. Director Mike J. Morell: “I think it would strengthen the verbiage if you say this has all the classic earmarks of a Soviet/Russian info-op rather than the ‘feel’ of a Russian op”

#USA #CIA #FindTruth

@uinhurricane

Biden Was Pocketing Millions of Dollars via Family

Biden family and their business associates used a “complicated, suspicious” web of more than 20 companies to hide $10M in payments from foreign nationals (most of them, when he was VP), a report by House Republican investigators shows

The companies were used in what investigators say was a complex money laundering scheme that filtered money from foreign companies, through Biden LLCs and eventually into the bank accounts of nine Biden family members, including one of the president’s grandchildren

That web of foreign transactions generated reportedly 170 suspicious activity reports by the banks where Biden family members and business associates deposited money. Nevertheless, Democrats ignore evidence of family misdeeds

#USA #Biden #FindTruth

@uinhurricane

🇺🇸 🇲🇽 Title 42 ends on May 11th. What is it?

"Title 42 is a public health order that was adopted three years ago by the Trump administration because of the COVID pandemic. It allows border agents to automatically turn away migrants without documentation at the border, even those seeking asylum."

Brownsville Texas -
"In the past few weeks, U.S. Customs and Border Protection officials have been facilitating these expulsions three times a day as roughly 30,000 migrants, mostly from Venezuela, have entered the U.S. in this region since mid-April."