Please Support The Channel:
YouTube Super Thanks (click below)
YouTube Membership (click below)
USA Jobs data for September revealed that 366,000 news jobs were added which higher than the 227,000 jobs added in August and considerably higher than expectations. At face value this looks like GOOD NEWS however in this video I explain why it is potentially BAD NEWS for both the USA and the GLOBAL ECONOMY.
For specific details please check out the CHAPTER list below.
Thanks for watching and please LIKE and SUBSCRIBE.
If you like this video and are would like to buy me a coffee please click the link below. THANK YOU it is very much appreciated.
Chapters:
0:00 Intro
3:13 USA CORPORATE DEBT
7:32 EUROPE, AFRICA & ME
8:33 DEFAULT RATES
10:55 RECESSION
13:17 SUMMARY & CONCLUSION
#usa
#globaleconomy
#recession
#debtceiling
#UKRAINE
#RUSSIA
#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3…(read more)
BREAKING: Recession News
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
Write an article about RECESSION Risk for 30 Countries Set to Join Germany as USA Jobs Data May Trigger Global Recession in English
As the fed increases the rates, the US federal government, thru the fed, has more abilities to drop the rates later: propping up our economy during economically poor periods in the future.
This’ll be revised down in the future. They do it all the time. These numbers are about making Joe look good for his next stagger, I mean, run.
Democrats always inflate job numbers before elections
That alied…"special relationship" spewed out during brexit once them eu partners were rid of! Seemingly is special in terms of American intrests only and the capture of uk agencies…political, military, home and foreign policys to steer this country to oblivion with all the political actors pledged to act out the "transition" to something far from what we know as britishness…culture,history,compassionate care (nhs) ,religion-church of England belief system! This is not the system that the majority of political imposters we have now dictating to the uk population that is right wing zionism with a pledge! A foreign imported ultra right wing ideological belief system. NONE BRITISH !! and its letting you know if you haven't noticed post brexit nonsensical irrational policy juggling. That's called taking the piss! out of us the people! Blame putin. I think not this time!
Hi Joe. As we in the UK are into pay bargaining time, could you do a video on the UK economic outlook and how costs and potential recession will affect the public. Thanks so much for the brilliant and informative videos. Love the shirts by the way.
Trouble seems to follow u.s.
Worst Peter Gabriel video ever
No one thought interest rate raises were done….
Most of the job growth is part-time due loss of full time employment. Part-time means no benefits.
2% is unreasonable! I think the Fed should have a goal of 2-4% not just one hard and fast number!
Its not interest rates that is the problem, it was zero interest rates that caused this. US non farm payroll figure will be revised down to negative by January like the past 4 months. But don't worry Joe global recession will still happen and those worse case scenarios will look good.
And the roots of this recession were sown by Angela Merkal et al by making Germany's economy dependent on one single supplier of energy. Which others followed. It amazes me that even today Merkel is still largely respected.
Litecoin is money of the gentlemen, bitcoin is money of the kings. As a peer-to-peer digital cash payment, litecoin (LTC) has incomparably cheaper transactions fees and is natively 10 times faster than bitcoin. Litecoin wasn't premined/ICO launched and isn't controlled by insiders, and there will be mined only 84 million litecoins. Being a digital silver and a truly decentralized, digitally mined commodity, not a security, litecoin wasn't issued by government or a corporation. LTC fungibility combined with the Lightning Network and enhanced level of privacy of its MimbleWimble (MWB) protocol make LTC especially congenial means of payment for secured financial transactions and for the store of value.
Is it all the ones doing net zero by chance
This guy has been predicting a recession forever. 2023 was going to be an enormous global disaster according to this guy. Meanwhile the USA keeps humming along.
What we have is yet another idiot libertarian / conservative who thinks all government action is evil. So he keeps predicting recessions until one eventually arrives.
In conclusion: 18 months of forecasting Russia and China’s economies are the verge of imminent collapse, when it is actually Western economies that are collapsing. More tea vicar? Both those economies are actually expanding
Russia and China growing snd the US snd the EU unlikely to ever grow again
Why you don’t ponder the countries in, or going to, recession, by its population and total GDP, while making your table
Easy. Just put off the rate hike.
I don't think many people understand that inflation problem was caused by governments printing money as a means of coping with Covid and to kick start the economies later as the epidemic subsided. It wasn't nor is caused by the workers asking for rises, that is the consequence of inflation. Quite simply it is a debt problem and most of the western economies are stuck with the problem of not being able to service the debt otherwise than by creating wars in order to create demand ie exactly what the US is trying to do and to a lesser extent UK. Unfortunately we are heading for a very bad time. If you've got a big garden plant the vegetables now and get a wood burner if you can.
Yes lets do our best to invoke a recession because-we need to make the rich richer and remind the working class ( because we all know they are responsible for inflation) it’s all their fault, so the sooner we listen to the likes of ‘Joe Bloggs’ and realise IT IS all our fault and NOT the mega billionairs, so WAKE UP and pull your pants down and bend over and prepare to carry on as per usual because clearly we must love being anally raped.
Excellent contents. Thanks!
Great video but worrying g!!
May trigger…we are already in a recession!
How come no Russia in the header? Capitulating already Joe? Not so cheerful now?
You are not looking at the make up of the jobs. The jobs created are all government jobs. Worse still, the private sector is converting full time jobs to part time jobs. The private sector is unambiguously slowing. It is only the government sector funded by a 2 trillion dollar annual deficit that is keeping the economy going. Take the 2 trillion away and the economy just won't slow, it will immediately be in recession.
Joe isn’t watching latest YouTube from Alasdair Macleod
Most are failed states
Do some forget 17 percent in Australia in the 1990s.
Nothing wrong with recession.
It's a normal economic cycle . You can't have things going up and up and up uncomfortable or unattainable. U need a correction every 10 to 20 or so years. Otherwise u get a depression which is devastating.
Ukraine forever war will destroy EU economically
I blame Russia.
Oh wow what a shocker…. Im sure that lockdowns and covid measures had nothing to do with this…
what shoud i say so lang the woke and left and the greens are in power, what do you aspect.