Is The Economy Just Now Falling Apart

[Declan]

So according to Yelken, the limit is hit next Thursday and they will be totally skint but June. More likely by March imo as tax revenue is to plummet.

But anyway, now the bickering has started and this time it is not going to be resolved easily.

 

[Declan]

U.S. will hit its debt limit Thursday, start taking steps to avoid default, Yellen warns Congress

Treasury Secretary Janet Yellen wrote House Speaker Kevin McCarthy, "It is unlikely that cash and extraordinary measures will be exhausted before early June."

www.cnbc.com

 

[Myles O'Reilly]

I think I will sell my house in Dublin. I wrote to Dublin Corpo to see if they would buy it.

Traitor. They'll just fill it with Africans & Muslims.

You're no better than the hoteliers Sir.

 

[Declan]

View: https://youtu.be/43akYqvdW4I


About 200 million paki people are heading to Clones.

 

[Coal Gas and peat]

View: https://youtu.be/43akYqvdW4I


About 200 million paki people are heading to Clones.

Banty has clones full of scum already , the old people have been terrorised for years

 

[Declan]

Mr Brgan tell me it is a complete kip, or was it Monaghan town. He had alcohol taken so I cant remember.

Maybe both places are kips.

 

[Anderson]

We seem to be at Dead Cat bounce territory, a small improvement but heading towards an uncertain future.

 

[Coal Gas and peat]

Mr Brgan tell me it is a complete kip, or was it Monaghan town. He had alcohol taken so I cant remember.

Maybe both places are kips.

The blacks are not running the show in monaghan yet

 

[Coal Gas and peat]

Microsoft to announce redundancy plans today , in the region of 12k employes worldwide (5% of overall workforce)

 

[Declan]

View: https://youtu.be/T5al0HmR4to

 

[Declan]

What is hybrid work life doing to Boston’s financial district? - NewsBreak

BOSTON — New numbers out show a trend in the wrong direction as Boston tries to recover from Covid. The report says Boston’s commercial vacancy rate across the city is at an all-time high – approaching 20 percent. Experts believe more people working hybrid in some capacity...

share.newsbreak.com

One can assume that this is now in every city except worse.

 

[Coal Gas and peat]

Argos is pulling out of Ireland completely

https://www.msn.com/en-ie/money/com...-irish-outlets-claims-trade-union/ar-AA16vFeG

 

[Anderson]

Argos is pulling out of Ireland completely

https://www.msn.com/en-ie/money/com...-irish-outlets-claims-trade-union/ar-AA16vFeG

The Highstreets is being destroyed for online shopping,

Argos was based in retail outlets and town centers. It's more efficient for a lorry to deliver to Argos and then to be purchased online and delivered to multipoles of households.

Amazon delivering to individual households has to be madness.

 

[Declan]

Existing home sales drop in December to slowest pace since 2010

Existing home sales fell for the 11th consecutive month in December, hitting the slowest pace since November 2010

Home sales have fallen for 11 consecutive months as mortgage rates weigh on the market.

www.cnbc.com

It is going to hurt when people see their home equity disappear. No more home equity homes obviously.

 

[Myles O'Reilly]

52
56
62
57
56

50.5 mpg from latest tank. That's the lowest yet. Cold weather will do that.

 

[Declan]

Why is central bank gold buying at record highs?

www.kitco.com

This says it all. The bottom is established for both gold and silver and I expect to see a big move beginning in the next 10 days.

 

[Declan]

And the rate rise is??

 

[Coal Gas and peat]

And the rate rise is??

Increasingly hard to pay

 

[Declan]

A quarter as expected.
The delayed reaction will be tomorrow.

A sharp cold front coming Friday to stress people out with heating costs as well.

 

[Coal Gas and peat]

Every day must be stressful with piss pants at the helm of The United States