Fed’s Powell Calls U.S. Economy “Robust” as Personal Savings Rate Collapses to Same Level as in Financial Crisis of 2008

By Pam Martens and Russ Martens: October 27, 2022

At Fed Chair Jerome Powell’s press conference on September 21, he made a remark that went unchallenged by the bevy of reporters in attendance. Powell said this:

Fed’s Powell Calls U.S. Economy “Robust” as Personal Savings Rate Collapses to Same Level as in Financial Crisis of 2008
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Biden’s Tech-War “Goes Nuclear”

Biden’s Tech-War “Goes Nuclear”

So, where is all of this heading, you ask?

To more conflict, more confrontation, higher prices, lower standards of living and, eventually, a disintegration of the prevailing order. That much is certain. The problem, of course, is that the China hawks now control the levers of power in Washington which means that the attacks on China will intensify, decoupling will accelerate, and a massively-destabilizing international crisis will soon follow.

Related:

Explained: How Americans In Chinese Tech Firms Might Have To Choose Between US Citizenship And Job

Explained: How Americans In Chinese Tech Firms Might Have To Choose Between US Citizenship And Job

Under the latest US technology export rules, US citizens working in Chinese firms might face a tough choice — quit their jobs or risk losing US citizenship.

Explained: How Americans In Chinese Tech Firms Might Have To Choose Between US Citizenship And Job

H/T: Simply put, Biden forced all Americans working in China to choose between being fired or losing their American citizenship from Der Friedensstifter/The Peacemaker

Sounds like a violation of the Fourteenth Amendment’s Citizenship Clause.