Watch The X22 Report On Video

No videos found

(function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt>

Click On Picture To See Larger PictureThe Eurozone is now seeing inflation pickup, unemployment is now rising, Germany will be laying off thousands of people. The green new scam is destroying Europe. Trump shutdown the green new scam in the US and now he is lowering energy costs. The economy is moving to the next level. The [DS] is pushing a hybrid war with Russia. They are trying to convince the people of the world that Russia is flying drones over Europe, not one nation has shot the drones down, the question is why. Trump knows the [DS] is pushing war, he needs to the people to push back with peace. Trump has trapped the [DS] in regards with Hamas, they have no choice but to have peace. Trump is defunding and weakening the [DS] every step of the way so we can have accountability and arrests.

 

Economy

Eurozone unemployment rate rises to 6.3% in August, aggregate increase of 11,000 workers

Intermoney | The unemployment rate rose by one tenth of a percentage point in August to 6.3% across the Eurozone as a whole. We could have guessed this once we saw the data, which was somewhat unfavourable and showed an increase of 14,000 in the number of unemployed. At the aggregate level for the eurozone, this increase was 11,000, offset by other more moderate readings. However, we continue to see that tension in the labour market is gradually easing, especially when we consider that employment expectations have weakened.

 Source:  thecorner.eu 

German Auto Industry Expected to Lose 100,000 Jobs in Next Four Years

Following the “Build Back Better” agenda, the EU went all in for green energy proposals.  EU banking and finance followed suit, funding investment capital for electric vehicles (EVs) to replace combustion engines.  Unfortunately, this put the EU, specifically Germany, in the position of competing against the largest EV industrial base in the world, China.

The second major flaw was capital only flowing to the EV sector, and Europeans -along with the majority of the industrial west- are just not buying EVs at a production capacity to match prior investment.

Put it all together and Germany is trying to compete with China to produce a product their consumer base doesn’t want.

GERMANY – ZF Friedrichshafen’s announcement that it is cutting 7,600 positions adds to the German supplier industry’s troubles as parts makers struggle to manage the shift to EVs, along with falling demand for combustion engine components and increased competition from Chinese suppliers.

Including job losses at Volkswagen, Audi, and Porsche, the German auto industry is expected to eliminate nearly 100,000 jobs by 2030, according to an analysis by Bloomberg.

Bankruptcies among German suppliers are climbing sharply, with 30 percent more expected in 2025 compared with last year, according to a report from consultancy Falkensteg. 

Source: theconservativetreehouse.com

(function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");

https://twitter.com/KobeissiLetter/status/1973857269935939833

+1.82% on a year-over-year basis, the smallest gain since July 2023. Meanwhile, US home values adjusted for inflation recorded their third consecutive monthly decline. Despite this, real home prices remain ~10% above their 2006 housing bubble pe...