It’s Game Over This Week for the Global Economy

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Published at : May 13, 2022

This is a pivotal week in our economy. We are going to get the consumer price index numbers on May 11. If they are above 9% everything will be finished. Interest rates will dramatically rise for mortgages, and this will affect the businesses around the world. #InterestRates #GlobalEconomy #GameOver #IAllegedly #UsedCarPrices #WellsFargo #BankOfAmerica #Layoffs

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Here are the links to the stories mentioned in this video.

https://news.yahoo.com/former-fed-policymakers-call-sharp-182023856.html

https://www.zerohedge.com/markets/wall-streets-most-accurate-analyst-todays-bear-market-ends-october-sp-3000

https://bit.ly/3FsCBQY

https://www.theverge.com/2022/5/4/23057796/cameo-layoffs-ceo-pandemic-growth-fameo

https://www.kcci.com/amp/article/west-des-moines-iowa-hy-vee-announces-another-round-of-layoffs/39929234

https://tcrn.ch/3kM8dI5

https://www.linkedin.com/feed/news/noom-tightens-its-belt-makes-cuts-5327020

https://www.independent.co.uk/news/business/interest-rates-bank-of-england-rise-b2072070.html

https://www.businessinsider.com/mortgage-layoffs-startups-to-wells-fargo-2022-5

https://www.cnbc.com/amp/2022/05/06/stocks-could-see-more-tumult-next-week-especially-if-bond-yields-continue-to-scream-higher.html

https://www.housingwire.com/articles/interfirst-to-lay-off-140-employees/

https://bit.ly/3P35VC5

https://www.zerohedge.com/markets/last-two-times-used-car-prices-fell-much-there-was-financial-crisis

https://fortune.com/2022/05/06/jeremy-grantham-fifth-great-bubble-of-modern-era-economy-housing-crisis/amp/

https://finance.yahoo.com/news/robert-kiyosaki-says-hot-inflation-140000889.html

https://www.nbcnews.com/news/amp/rcna27525

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CPIGlobal Economy10% Inflation