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Beiträge, die mit economic getaggt sind

“Beware the Ides of March: The Shutdown315 Movement”

by the Shutdown315 Movement on Substack

“On March 15th, also known as the Ides of March, we begin a groundswell of economic non-participation”

https://open.substack.com/pub/theshutdown315movement/p/beware-the-ides-of-march-the-shutdown315?r=27oltk&utm_medium=ios

#Press #Shutdown315 #Economic #NonParticipation #Boycott #Strikes #MutualAid #Community #Local

Beware the Ides of March: The Shutdown315 Movement

We are days from our launch date! Here's what we are doing, and how we will do it.
open.substack.com
#press #community #mutualaid #boycott #strikes #economic #local #shutdown315 #nonparticipation

Neera Tanden and John Fetterman: They're Playing With People's Lives
https://www.thebulwark.com/p/neera-tanden-and-john-fetterman-theyre

" #DonaldTrump is hurting the #American people. The #DOGE cuts are not only waging war on #jobs, they're also harming the American public and undermining the #safety, #health, and #economic well-being of everyday #Americans. And by cowering to his favorite bully in #Moscow, #Trump is prepping the #US to be a subservient partner of #Russia."

#Coup #Corruption #GOP #USPol #News #US #USA
Headline and text: Neera Tanden and John Fetterman: They're Playing With People's Lives by Tim Miller Mar 06, 2025 Donald Trump is hurting the American people. The DOGE cuts are not only waging war on jobs, they're also harming the American public and undermining the safety, health, and economic well-being of everyday Americans. And by cowering to his favorite bully in Moscow, Trump is prepping the US to be a subservient partner of Russia. Plus, John Fetterman joins…
#russia #news #trump #gop #donaldtrump #us #usa #health #uspol #jobs #americans #american #safety #corruption #Coup #Moscow #economic #doge

This Is Going Even Worse Than Steven Levitsky Expected
https://nymag.com/intelligencer/article/how-trump-brought-competitive-authoritarianism-to-america.html

"We’re pretty screwed...

The second thing I didn’t anticipate was the role of #Musk... frightening. We don’t know what he’s going to do with #data. And frankly, at least in democracies, I’ve never seen a concentration of #political, #economic, & #media power as vast as this.

[interviewer]And in an unelected official.

[Levitsky]]In an unelected official, right"

#ElonMusk #Doge #Coup #USPol #Politics #News #USA
Text from article(edited for length): Many of the warnings in your essay have already turned into reality... Have things accelerated more quickly than you were anticipating when you wrote it? In other words, how screwed are we right now?  We’re pretty screwed. A couple of things are a little worse than I anticipated... Republicans... have been even weaker than I thought... Congress is basically shutting itself down in the wake of the executive branch usurping its power... The second thing I didn’t anticipate was the role of Musk... That article drew on 20 years of research on competitive authoritarian regimes elsewhere in the world. The kinds of stuff we predicted, a lot of which has come to pass, are strategies that have been carried out in literally dozens of other cases. But Musk is pretty new. This is something that I don’t really have a model to understand. There’s a sort of technological frontier element to this that’s a little frightening. We don’t know what he’s going to do with data. And frankly, at least in democracies, I’ve never seen a concentration of political, economic, and media power as vast as this. And in an unelected official. In an unelected official, right. With the exception of really old-fashioned dictatorships like Somoza and Trujillo, or Mobutu in Zaire — the concentration of political, economic, and media power here is just stunning. That’s just never been seen in a democracy to my knowledge. So that’s really new territory.
#news #musk #elonmusk #data #politics #usa #uspol #media #political #Coup #economic #doge

A sign of #economic turbulence—

‘Car owners are missing their monthly payments at the highest rate in more than 30 years.’
(cont.)

/2 of 2

#USA #USEconomy #economics

https://www.bloomberg.com/news/articles/2025-03-06/late-car-loan-payments-auto-delinquencies-spike-to-highest-level-in-decades
The latest spike in delinquencies among subprime borrowers comes at a pivotal time for the US economy, as President Donald Trump's trade wars ignite volatility in the stock market and concerns grow about sluggish economic growth. https://www.bloomberg.com/news/articles/2025-03-06/late-car-loan-payments-auto-delinquencies-spike-to-highest-level-in-decades Accessed: 6 March 2025 at 1745 MST
«The lower income level has been really affected, and we expect that to continue to be the case this year," said Mike Girard, senior director for asset-backed securities in North America for Fitch. "There's still the continued impact from higher inflation and interest rates." Delinquencies typically increase in January and February after the holiday spending period, Girard said. This is usually followed by improvements in March and April as some borrowers use tax refunds to catchup on bills. https://www.bloomberg.com/news/articles/2025-03-06/late-car-loan-payments-auto-delinquencies-spike-to-highest-level-in-decades Accessed: 6 March 2025 at 1745 MST
Fitch defines subprime auto borrowers as those with credit scores of 640 and below. Those with higher scores are faring better - 0.39% of prime borrowers were at least 60 days past due in January, up from 0.35% a year prior. Other economic measures are also showing declining financial health for Americans. Consumer debt recently surged by the most on record, while consumer confidence dropped the most since 2021. - With assistance from Alexandre Tanzi https://www.bloomberg.com/news/articles/2025-03-06/late-car-loan-payments-auto-delinquencies-spike-to-highest-level-in-decades Accessed: 6 March 2025 at 1745 MST
#usa #economics #economic #useconomy

A sign of #economic turbulence—

‘Car owners are missing their monthly payments at the highest rate in more than 30 years.’

Catalysts:

🔘 A slowing economy

🔘 The ongoing effects of inflation

🔘 Rising car prices

In addition, consumer debt is surging while consumer confidence is declining.

/1 of 2

#USA #USEconomy #economics

https://www.bloomberg.com/news/articles/2025-03-06/late-car-loan-payments-auto-delinquencies-spike-to-highest-level-in-decades
Americans Fall Behind on Car Payments at Highest Rate in Decades Delinquencies on auto loans among subprime borrowers are spiking as consumers continue grappling with higher interest rates. in 7 K Vehicles at a dealership in Vallejo, California. Photographer: David Paul Morris/Bloomberg By Claire Ballentine March 6, 2025 at 10:00 AM EST https://www.bloomberg.com/news/articles/2025-03-06/late-car-loan-payments-auto-delinquencies-spike-to-highest-level-in-decades Accessed: 6 March 2025 at 1745 MST
Car owners are missing their monthly payments at the highest rate in more than 30 years. In January, the share of subprime auto borrowers at least 60 days past due on their loans rose to 6.56%, the most since the data collection began in 1994, according to Fitch Ratings. A slowing economy and the ongoing impacts of inflation have made it harder for many consumers to stay current on their bills. Auto loans have been a particular pain point, with higher car prices and elevated borrowing costs driving a surge in repossessions. https://www.bloomberg.com/news/articles/2025-03-06/late-car-loan-payments-auto-delinquencies-spike-to-highest-level-in-decades Accessed: 6 March 2025 at 1745 MST
The Federal Reserve Bank of New York recently reported that the share of auto loans among all borrowers that transitioned into serious delinquency - defined as 90 days or more past due - rose to 3% in the fourth quarter, the highest level since 2010. https://www.bloomberg.com/news/articles/2025-03-06/late-car-loan-payments-auto-delinquencies-spike-to-highest-level-in-decades Accessed: 6 March 2025 at 1745 MST
#usa #economics #economic #useconomy

https://www.europesays.com/1776852/ Gov. Kemp announces economic development trip to Germany, Poland #BrianKemp #Development #economic #germany #Governor #Hyundai #money #poland #QCells #travel #trip

Gov. Kemp announces economic development trip to Germany, Poland - EUROPE SAYS

ATLANTA, Ga. (Atlanta News First) - Governor Brian Kemp is undertaking another overseas economic development trip next week,
EUROPE SAYS (EUROPESAYS.COM)
#travel #germany #Development #money #poland #economic #hyundai #governor #trip #briankemp #qcells

An #Italian environmental activist, #journalist, writer, believes that some #politicians support #fossil #fuels for #economic reasons and for “identity” and “patriarchal” reasons because they are white-skinned. emmegipress.it
#fossil #economic #journalist #italian #politicians #fuels

The #Fed has satisfied its dual mandate of keeping #inflation & #unemployment low.

But the arrival at that finish line now coincides w/ #Trump’s promise to enact an entirely new #fiscal & #economic regime. While analysts are uncertain about how exactly that could materialize & how severe it might be, #markets have responded by selling off #bonds in anticipation of a return to inflation from a combo of Trump’s pro-*growth* & #combative #trade policies.

#economy #USpol
https://www.nbcnews.com/business/economy/federal-reserve-interest-rate-decision-november-2024-post-election-rcna179025

Fed cuts key interest rate a quarter point but signals ongoing concerns about inflation

The Federal Reserve announced Thursday it was lowering its key interest rate by a quarter point — a widely expected move that coincides with inflation approaching the central bank's 2% goal.
Rob Wile (NBC News)
#trump #inflation #trade #uspol #economy #fed #bonds #economic #markets #unemployment #fiscal #combative

Why would Russia allow British trawlers into their waters considering how much cash & weapons the UK sends Ukraine. I'm surprised they didn't ban them before.
I saw on Reddit a reference to the Guardian that Britain has a shortage of medicines because of the war in Ukraine, i.e. Russia is allegedly to blame for the shortage. There is an expression: "If you have been wronged undeservedly, you have to come back and deserve it".

Sol

2024-01-20 05:21:10


About Fish and Chips.



About #Fish and #Chips #Exclusive #Economic #Zone of #Russia #Kolguyev #Island #Kanin #UK #Finland #NATO

About Fish and Chips. (smoothiex12.blogspot.com/2024/01/ab...

About Fish and Chips. (https://smoothiex12.blogspot.com/2024/01/about-fish-and-chips.html) About #Fish and #Chips #Exclusive #Economic #Zone of #Russia #Kolguyev #Island #Kanin #UK #Finland #NATO
diaspora* social network
#russia #uk #fish #nato #finland #exclusive #economic #Kolguyev #Island #Chips #Kanin #Zone

I suggest that the US government stop buying nuclear fuel from Russia.
The world’s pervasive dependence on Russian energy, including nuclear fuel, is no longer acceptable, considering that it undermines our collective resolve to support Ukraine
Why Nuclear Fuel is Vital to U.S. National Security Interests in Ukraine and the Middle East

The National Interest: https://nationalinterest.org/feature/why-nuclear-fuel-vital-us-national-security-interests-ukraine-and-middle-east-207782 (Alan Ahn)


#USA #us #nuclear #energy #economic #money for #Russia

Why Nuclear Fuel is Vital to U.S. National Security Interests in Ukraine and the Middle East

Nuclear fuel plays a pivotal role in U.S. national security and possesses profound implications for today’s urgent geopolitical crises.
Alan Ahn (The National Interest)
#energy #russia #us #usa #money #nuclear #economic

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