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๐Ÿ‡จ๐Ÿ‡ฆ ๐—ฅ๐—ฒ๐—ฐ๐—ฒ๐˜€๐˜€๐—ถ๐—ผ๐—ป & ๐—œ๐—บ๐—บ๐—ถ๐—ด๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป: Expect the Unexpected as Canada declares โ€œTechnical Recessionโ€ Recession will enable ๐—ฎ ๐—บ๐—ฎ๐—ท๐—ผ๐—ฟ ๐—ฟ๐—ฒ๐˜€๐—ฒ๐˜ ๐—ถ๐—ป ๐—–๐—ฎ๐—ป๐—ฎ๐—ฑ๐—ฎโ€™๐˜€ ๐—œ๐—บ๐—บ๐—ถ๐—ด๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฃ๐—ผ๐—น๐—ถ๐—ฐ๐—ถ๐—ฒ๐˜€ especially towards expiring work permits. No one is prepared in the Immigration Industry for whatโ€™s about to happen in next few months. ๐—ง๐—™๐—ช๐—ฃ ๐˜„๐—ถ๐—น๐—น ๐—ฏ๐—ฒ ๐—ถ๐˜๐˜€ ๐—ณ๐—ถ๐—ฟ๐˜€๐˜ ๐˜ƒ๐—ถ๐—ฐ๐˜๐—ถ๐—บ.

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๐—ช๐—ต๐—ผ ๐—ผ๐˜„๐—ป๐˜€ ๐—–๐—œ๐—ข๐—ง ๐—–๐—ฎ๐—น๐—ด๐—ฎ๐—ฟ๐˜† where international students are protesting for PGWP? โ€ผ๏ธ How Immigration Agents in India own and operate Private Colleges in Canadaโ“ ๐Ÿ‡จ๐Ÿ‡ฆ ๐—ฃ๐˜‚๐—ฏ๐—น๐—ถ๐—ฐ ๐—–๐—ผ๐—น๐—น๐—ฒ๐—ด๐—ฒ๐˜€ ๐—ฏ๐—ฒ๐—ด ๐—ณ๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ๐—ถ๐—ฟ ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ and no one in the government cares whatโ€™s happening to the Education sector. We are witnessing just the tip of an iceberg, there are many such ๐—ฃ๐—ฟ๐—ถ๐˜ƒ๐—ฎ๐˜๐—ฒ ๐—–๐—ผ๐—น๐—น๐—ฒ๐—ด๐—ฒ๐˜€ ๐—ถ๐—ป ๐—–๐—ฎ๐—ป๐—ฎ๐—ฑ๐—ฎ ๐—ผ๐˜„๐—ป๐—ฒ๐—ฑ ๐—ฎ๐—ป๐—ฑ ๐—ผ๐—ฝ๐—ฒ๐—ฟ๐—ฎ๐˜๐—ฒ๐—ฑ ๐—ฏ๐˜† ๐—œ๐—ป๐—ฑ๐—ถ๐—ฎ๐—ป ๐—œ๐—บ๐—บ๐—ถ๐—ด๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—”๐—ด๐—ฒ๐—ป๐˜๐˜€. ๐ŸŽฅVideo Credit: RED FMโ„ข TORONTO

Kanwar Sierah, RCIC

28,014 Aufrufe โ€ข vor 1 Monat

๐— ๐—ฎ๐—ป๐˜‚๐—ณ๐—ฎ๐—ฐ๐˜๐˜‚๐—ฟ๐—ถ๐—ป๐—ด ๐—ฃ๐—น๐—ฎ๐—ป๐˜ ๐—–๐—น๐—ผ๐˜€๐—ฒ๐˜€ After being in operation since 1947, ๐˜๐—ต๐—ฒ ๐—š๐—ผ๐—ผ๐—ฑ๐˜†๐—ฒ๐—ฎ๐—ฟ ๐—ณ๐—ฎ๐—ฐ๐˜๐—ผ๐—ฟ๐˜† ๐—ถ๐—ป ๐—ž๐—ฎ๐—ฟ๐—ถ๐—ฒ๐—ด๐—ฎ ๐—ต๐—ฎ๐˜€ ๐—ฐ๐—น๐—ผ๐˜€๐—ฒ๐—ฑ ๐—ถ๐˜๐˜€ ๐—ฑ๐—ผ๐—ผ๐—ฟ๐˜€, leaving around 900 people without jobs. โ€”โ€”โ€”โ€”โ€” ๐—”๐—ฑ๐—ฑ๐—ถ๐—ป๐—ด ๐—™๐˜‚๐—ฒ๐—น ๐˜๐—ผ ๐˜๐—ต๐—ฒ ๐—™๐—ถ๐—ฟ๐—ฒ The US-South Africa trade relations has placed further uncertainty around the automotive industry. It is expected that the ๐—ฎ๐˜‚๐˜๐—ผ๐—บ๐—ผ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—ต๐˜‚๐—ฏ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—˜๐—ฎ๐˜€๐˜๐—ฒ๐—ฟ๐—ป ๐—–๐—ฎ๐—ฝ๐—ฒ ๐—ถ๐˜€ ๐—ด๐—ผ๐—ถ๐—ป๐—ด ๐˜๐—ผ ๐—ฐ๐—ผ๐—บ๐—ฒ ๐˜‚๐—ป๐—ฑ๐—ฒ๐—ฟ ๐—ฝ๐—ฟ๐—ฒ๐˜€๐˜€๐˜‚๐—ฟ๐—ฒ as the reality of tariffs hit home. One such incident has already set the prequel of such an eventuality; The Mercedes Benz, East London factoryโ€™s temporary closure that took place between June and July, ๐—ผ๐—ณ๐—ณ๐—ฒ๐—ฟ๐—ฒ๐—ฑ ๐—ฎ ๐—ด๐—น๐—ถ๐—บ๐—ฝ๐˜€๐—ฒ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ฝ๐—ผ๐˜๐—ฒ๐—ป๐˜๐—ถ๐—ฎ๐—น ๐—ถ๐—บ๐—ฝ๐—ฎ๐—ฐ๐˜๐˜€ ๐—ผ๐—ณ ๐—ณ๐˜‚๐—ฟ๐˜๐—ต๐—ฒ๐—ฟ ๐—ฎ๐˜‚๐˜๐—ผ๐—บ๐—ผ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—ถ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜† ๐—ฐ๐—น๐—ผ๐˜€๐˜‚๐—ฟ๐—ฒ๐˜€. โ€”โ€”โ€”โ€”โ€” ๐—œ๐—ป ๐˜€๐˜๐—ฎ๐˜๐—ฒ๐—บ๐—ฒ๐—ป๐˜, ๐—š๐—ผ๐—ผ๐—ฑ๐˜†๐—ฒ๐—ฎ๐—ฟ ๐˜€๐—ฎ๐—ถ๐—ฑ; โ€œIt was transforming its go-to-market strategy in the Europe, Middle East, and African regions, optimizing its footprint and portfolioโ€ This has subsequently lead ๐˜๐—ผ ๐˜๐—ต๐—ฒ ๐—ฐ๐—น๐—ผ๐˜€๐˜‚๐—ฟ๐—ฒ ๐—ผ๐—ณ ๐—ถ๐˜๐˜€ ๐—บ๐—ฎ๐—ป๐˜‚๐—ณ๐—ฎ๐—ฐ๐˜๐˜‚๐—ฟ๐—ถ๐—ป๐—ด ๐—ฝ๐—น๐—ฎ๐—ป๐˜ ๐—ถ๐—ป ๐—ž๐—ฎ๐—ฟ๐—ถ๐—ฒ๐—ด๐—ฎ โ€”โ€”โ€”โ€”โ€”- Goodyear, South Africa, ๐˜„๐—ถ๐—น๐—น ๐—ฐ๐—ผ๐—ป๐˜๐—ถ๐—ป๐˜‚๐—ฒ ๐˜๐—ผ ๐—บ๐—ฎ๐—ถ๐—ป๐˜๐—ฎ๐—ถ๐—ป ๐—ฎ ๐—ฆ๐—ฎ๐—น๐—ฒ๐˜€, ๐——๐—ถ๐˜€๐˜๐—ฟ๐—ถ๐—ฏ๐˜‚๐˜๐—ถ๐—ผ๐—ป ๐—ฎ๐—ป๐—ฑ ๐—ฅ๐—ฒ๐˜๐—ฎ๐—ถ๐—น ๐—ฝ๐—ฟ๐—ฒ๐˜€๐—ฒ๐—ป๐—ฐ๐—ฒ in South Africa. However, For hundreds of workers at the plant and thousands more downstream ( catering, security, etc ) the future remains bleak. ๐—ฉ๐—ถ๐—ฑ๐—ฒ๐—ผ ๐˜€๐—ผ๐˜‚๐—ฟ๐—ฐ๐—ฒ: ๐—ฆ๐—”๐—•๐—–

David (TalkingCents)

14,438 Aufrufe โ€ข vor 1 Jahr

ZANDI'S $5 GAS BOMB: RECESSION IN WEEKS UNLESS THE STRAIT OF HORMUZ IS REOPENED IMMEDIATELY Mark Zandi, Moodyโ€™s Analytics Chief Economist, just dropped a bombshell assessment of where the economy stands right now. He says the next few days or weeks will decide everything as oil inventories dwindle and prices threaten to surge past the tipping point. With gas already near four dollars and fifty cents the margin for error has all but vanished and the most vulnerable households are running out of room. THE WINDOW IS CLOSING FAST โžก๏ธ Zandi says a resolution would be nice today but realistically it must come in the next few days โžก๏ธ If it goes on much longer inventories will keep drawing down and the strategic petroleum reserve will start to fade. โžก๏ธ Without the strait opening or more production soon oil prices are going to jump again. โžก๏ธ That jump to five dollars a gallon would be enough to push the tenuous economy straight into recession. THE DANGER MATH FROM SIMULATIONS โžก๏ธ Zandi's models show it takes about one hundred twenty five dollars a barrel sustained for two or three months to reliably trigger a recession. โžก๏ธ Today oil is closer to ninety or ninety five dollars but we are uncomfortably close to the line. โžก๏ธ Five dollars at the pump lines up with that one twenty five a barrel threshold if the arithmetic holds. THE CONSUMER FALLOUT โžก๏ธ The thing Zandi worries about most is lower middle income households already under a lot of pressure. โžก๏ธ Real disposable income after inflation and taxes is actually falling on a year over year basis right now. โžก๏ธ If gas goes over five dollars and real incomes keep declining consumers are going to pack it in and stop spending. THE NO RESCUE SCENARIO โžก๏ธ Zandi does not see fiscal policymakers getting it together quickly enough to help. โžก๏ธ The Federal Reserve will not come to the rescue either because inflation expectations are rising. โžก๏ธ The Fed would rather get inflation under control even if it means a recession now to avoid a worse one later. โžก๏ธ Zandi says "take our lumps up front" is the approach because there is really no good choice here. โžก๏ธ Even a new Fed chair would not change the outcome as the committee stays focused on inflation over growth. THE BOTTOM LINE Mark Zandi's message is unmistakable: the economy is perched on the edge with almost no time left and absolutely no policy cavalry on the way if oil prices break higher. The warning could not be any clearer or more urgent. #ZandiWarning #OilPrices #RecessionAlert #FedPolicy #GasAtFive #ConsumerCrisis #NoRescueComing

Mark

10,222 Aufrufe โ€ข vor 3 Monaten