#economicwarning

[easterneye02]

£1bn Tax Shock Sparks Fears for 25,000 UK Workers

Business rates overhaul adds pressure on factories already battling rising costs

[daviddavi09]

The Hidden Credit Crisis No One Is Talking About

The next market shock might not be coming from the banking system, stock market, or real estate; rather, it could be happening silently in the world of private credit. Watch this video to understand what private credit is all about, its rapid growth, and its underlying dangers that can cause an adverse effect on your lending capacity and approvals.

[wtfwire]

https://www.wtfwire.com/politics/us-debt-hits-38-trillion-fastest-growth/

The US national debt has reached $38 trillion, rising faster than ever outside the pandemic as experts warn of higher #inflation and #borrowingcosts.

[insightdaily]

This is the stock market’s worst start to a presidential term in modern history

Former President Donald Trump warned Americans in 2024 that voting for Vice President Kamala Harris could trigger a market collapse.

“If we lost this election, I think the market would go down the tubes. You want to see a market crash?” Trump said during a late October rally in Pennsylvania.

Earlier that month, he predicted that a loss would result in what he called a “Kamala economic crash — a 1929-style depression.”

Trump ultimately won the election, but a market downturn followed, raising questions about his stark warning.