Economics

Economics

A place to talk about finance and the economy

Jimmy pfp

$DEGEN allowance is claimable now. Check your $DEGEN points and claim tokens: https://degen-alw.pages.dev

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Snibb123.eth pfp

I’ve always felt we needed a third animal spirit for a boring or baseline market. A boar market? 😆

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Nick🦦 pfp

If you remove the official statements (the facade), is the US already in a recession?

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simpledelusion pfp

US and British aircraft on Friday carried out new raids on Houthi positions in Yemen, a local government source told RIA Novosti. The strikes targeted facilities on the island of Kamran.

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Mikko Ohtamaa pfp

https://youtu.be/4-Pu3CXatsA?si=HxMSqMUJSXUOdRw7

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Mikko Ohtamaa pfp

https://youtu.be/4Ek-VcMaEIU?si=ExUT4UrPfwnAmSEW

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bulem.degen.eth 🎩 🍖 🎭 pfp

bulem.degen.eth 🎩 🍖 🎭

I always respected Jim Bianco's take. This seems to be one we need to bewatching for the Fed rate cut decision which likely will shift the investment regime. https://x.com/biancoresearch/status/1816167675036401734?t=PIhlKZWHZMe0TIDFQDVaCw&s=19

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simpledelusion pfp

The US Treasury Department has threatened to cut off dollars from Indian banks for dealing with the Russian defense industry. In a statement sent to the Indian Banks Association, the U.S. Treasury Department gives New Delhi a 30-day deadline to take measures to remove Indian banks that transact in military-technical cooperation with Russia from the threat of U.S. sanctions. If Indian banks ignore the warning, the document suggests, they will not be able to conduct transactions in America. The US Treasury Department's letter does not make specific claims against Indian banks, but contains only general guidelines on how Washington believes America's partner countries should behave in order to deprive Russia of "material and financial instruments."

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thugkitten🎩🔵🍖🎭 pfp

thugkitten🎩🔵🍖🎭

@thugkitten.eth

This is a lesson in exactly not what to do in a crisis resolution response, it is plain disrespectful to partners.

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simpledelusion pfp

Kamala Harris said she was ready to debate Trump on September 10, but accused the former US president of trying to "backtrack". The second round of debates was first scheduled for September 10, but then the plan was to have incumbent President Biden, who had already dropped out of the race, participate. Therefore, Trump's team said it could not yet guarantee his participation in the debate.

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simpledelusion pfp

On Tuesday, the US Treasury Department ordered American banks to disclose information about their assets in Russia in order to confiscate them. It is known that the US banking system holds Russian assets worth at least $6 billion. Banks will need to report Russian assets no later than August 2.

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Tudor 🟣🟡 Engineer to fCTO pfp

Tudor 🟣🟡 Engineer to fCTO

You get some words of wisdom, I get to test cast compose actions. —— After the payment in USDC on Base, the content will be unlocked for viewing. https://frame-open.web4.build/open/2/342737/1

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Ed O'Shaughnessy pfp

Ed O'Shaughnessy

"America is now a hotbed of socialism. But it’s socialism for the rich. Everyone else is treated to harsh capitalism." ~ Robert Reich https://nzflocked.com/the-western-financial-system-is-not-capitalism/

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farshad🎭 pfp

@farshad-mahmoodi

The latest forecast of the International Monetary Fund on the economic growth of the great powers of the world💵

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simpledelusion pfp

Mercer*: There is a growing likelihood that the Fed will not move to reducing the rate before the U.S. elections. Economic growth is stable, the labor market is in order, although there are signs of a slowdown, and inflation is still uncertain. Everything looks normal, and the current policy of the Fed does not exert excessive pressure, so nothing prevents officials from sitting idly by. At the same time, Powell may be tempted to choose the post of Fed chairman at the cost of maintaining the current OST until the election.

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