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Path: ...!weretis.net!feeder9.news.weretis.net!news.quux.org!eternal-september.org!feeder3.eternal-september.org!news.eternal-september.org!eternal-september.org!.POSTED!not-for-mail From: Auric Hellman <adhellman1@gmail.com> Newsgroups: misc.news.internet.discuss Subject: Re: Job losses spiked Date: Sat, 8 Mar 2025 19:10:07 -0500 Organization: Sons of Rhodesia Lines: 38 Message-ID: <vqim90$cmu6$2@dont-email.me> References: <vqct80$341hg$1@dont-email.me> <a8eca595-e297-cd9b-58ce-c4ed6e81f608@example.net> <vqd561$35aqh$3@dont-email.me> MIME-Version: 1.0 Content-Type: text/plain; charset=UTF-8; format=flowed Content-Transfer-Encoding: 7bit Injection-Date: Sun, 09 Mar 2025 01:10:08 +0100 (CET) Injection-Info: dont-email.me; posting-host="3701a0c5ebb641feb4e74f50f64b9f8b"; logging-data="416710"; mail-complaints-to="abuse@eternal-september.org"; posting-account="U2FsdGVkX1/ZdJVMJSUdFKe6K2gaRv1SIU3v/4KLwco=" User-Agent: Mozilla Thunderbird Cancel-Lock: sha1:mgl24wA2vj4yJrZzAc9OaT4NZD0= X-Antivirus: Norton (VPS 250308-6, 3/8/2025), Outbound message In-Reply-To: <vqd561$35aqh$3@dont-email.me> X-Antivirus-Status: Clean Content-Language: en-US Bytes: 2653 On 3/6/2025 4:47 PM, JAB wrote: > On Thu, 6 Mar 2025 22:35:15 +0100, D <nospam@example.net> wrote: > >> As another interesting piece of the puzzle, inflation is now taking off >> again in sweden, leading to people speculating that perhaps the central >> bank will start to increase the interest rates again. > > As posted before here > > > (WSJ) - The world economy could face a crash similar to the Great > Depression of the 1930s unless the U.S. rows back on its plans to > impose steep tariffs on imports, a senior official at the > International Chamber of Commerce warned > > "Our deep concern is that this could be the start of a downward spiral > that puts us in 1930s trade-war territory," said Andrew Wilson, deputy > secretary-general of the ICC, which promotes global business and > trade. High tariffs on foreign goods imported into the U.S. in that > decade contributed to a damaging global recession. The downturn > plunged nearly a third of the global workforce into unemployment and > slashed production at heavyweight industrial economies Germany and the > U.S. by half, according to research from the International Monetary > Fund. > > https://www.wsj.com/economy/trade/tariff-war-risks-sinking-world-into-new-great-depression-235fffeb Sounds like a recipe for another World War. Someone is to blame for all this. -- Dr. Auric D. Hellman adhellman1@gmail.com