It is already happening! In yesterday's video we discussed the drop in Asian manufacturing as a bellweather to what we will see in the us and the UK and less than 24 hours later we have reports that major manufacturing sectors are already seeing a slowdown that analysts say will predict the extent of the economic crisis in the us and western countries with some warning that what we have seen so far is only the beginning.
We are looking at a record in the slowdown of output growth warns an economist looking over survey day released today. This without a shadow of a doubt foretells the coming rate hike from the Bank of England, a similar change in monetary policy in the USA, and the market fallout that will result from institutions and governments unable to cope with a change that will forecast less money in 2022.
The output index fell to 51.3 to its weakest point in eight months down further from September in a move that cannot be excused or blamed on items outside of a lack of demand, the reflect of inflation, and a general slowdown in the world’s economy.
Homicides in some large cities have risen more than 60% since 2019 with research polls showing that more than half of all Americans and those in other countries living through increasing violence are certain that things are going to get worse as the general population becomes even further unable to deal with the hardships of the events taking place across our planet.
#BREAKING #ECONOMY #NEWS
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