The World Bank’s Forecast
According to the World Bank’s forecast, the global economy is in better shape than it was at the start of the year, thanks largely to the performance of the United States. But, the sunnier outlook could cloud over if major central banks — including the Federal Reserve — keep interest rates at elevated levels.
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Speculation..beef has gone up because the cost of diesel is soo high.. see most cattlemen grow their feed(corn and alfalfa) and they ain't planting that by hand. Also drought conditions are keeping corn yield down so they can't feed as many cows..
Not an eagle but a red tail hawk
The biggest indicators of attitudes towards the economy are usually things that have nothing to do with the economy, like whether or not your political party is in the white house or whatever cultural war people are getting caught up in (e.g. older generation vs younger generation). Popular opinion of the economy doesn’t usually track with tangible metrics like unemployment rates or cost of living. Just something to think about.
If the economy is growing but quality of life for the under 40s is decreasing
What’s the point?
We should be wary of the fate of Japan. Through their booms, they sacrificed the blood of their people for economic gain, and for their continual sacrifice they've been given a dying country and a dying economy.
Getting my news while watching the expressions and mesmerized by the floofy pens.
Tldr: economie good, but not for normal citzens
Heres the thing i dont see people talk about, the uber rich dont have money. They own THINGS worth money. Owning things worth money keeps up and can even benefit from inflation, but having MONEY money you only lose
Only the wealthy are benefiting, while the poor are being bled dry.
I hope Beef becomes inaccessible and people realise that plant based is essential to survival of Humanity
Well people need to understand 2 very fucking important things
The growth of an economy doesn't necessarily mean the improvement of living standards. It plays a majour factor and at many times positive, but doesn't mean it always is.
Economics works differently to rich an poor. It's just how it is.
When people say the economy is doing well, they mean for people with money to invest. they never assess how things are going for the average joe
There's a difference between inflation and price gouging
If times are bad then how come Nancy Pelosi's portfolio is doing so well?
For those confused about the beef thing, beef prices tend to be a good indicator of how well the farming sector is doing.
Food prices in general have been up recently, which isn’t great for those living paycheck-to-paycheck.
I’m just saying, in the last three months the Russo-chinese propaganda machine has been pumping out bullshit about the US economy collapsing. Butthe United States hasn’t been in a better position since 1945.
Beef is eesential to live. All those pills that vegans and vegetarians have to eat to keep themselves alive, because their diet makes them sick and doesn’t provide all the required nutrients for the human body, are meat. You might not be eating the cow itself, but you’re swallowing a pill full of nutrients from the same cow that had to die to make that pill.
Tell how your boss Bezos is bad.
“The economy is doing great!” We all keep saying as we slowly starve and lose our homes…
Companies reporting record profits, but prices are still being increased. Seems pretty suspicious.
Lol this is completely worthless now that the petrodollar got obliterated…every one put on a seat belt out fake paper Dollars are competing with gold for oil….
My head hurt everytime THAT DAMN POMPOM MOVING AROUND IN THE BACKGROUND PLEASE STOP IT
Yay the richest are doing well, hear that everyone, it's okay if we can't make our debt payments as long as those with millions are getting good returns on their investments, FOR THE SHAREHOLDERS WE WORK!
Paying $250 a week for food and household items and $2100 a month to live in an 28 ft RV. I read last night people are going into debt just to sustain. We dropped our apartment in 2021 when our apartment complex got bought out and our rent was going to be from $2100 to $3000 plus pet fees with the new owners since our lease was out 2 months after they bought it. We are doing everything we can to not wreck up debt while we get our small business off the ground. It just feels near impossible some months.
Ground Turkey is comparatively cheap. It's got it's own separate taste, but also fairly neutral so if you're mixing it with seasoning, herbs, sauces, diced veggies, whatever you'd use ground beef for, worth a try.
This has always been the problem with a fiat currency and a Congress willing to spend without limit.
I don’t care about the global economy if my economy is worse than ever. And don’t even lie and say it’s growing or inflation is declining; spoiler alert they’re not. Once again the government is lying to protect their own asses and try to make people forget that Biden has single handedly ruined America over the four years he’s been in office. Man makes Nero look like a moderate
The economy is good for whom?
Washington post being ever more disconnected to reality and trying to convince us were all just delusional
"Is beef essential to live?" Yes. Yes it is.
I have a job. I've been living in my car for a year now. Recently diagnosed with diabetes. The medical bills are outrageous. $425 for a doctor to say "Ahh." And that's just my end.
I'm resigning myself to the fact that I'll die in my car.
How could you do this? To you own people?
still waiting for the wealth to trickle down
I keep getting told that the economy is great but i keep not seeing any evidence of that.
So, the world bank wants interest rates to drop again, but if it does there will be other areas of the economy that will faulter.
I really don't care that the rest of the world or how fast the economy is growing. What I care about is that my grocery bill, water bill, fuel bill, etc have all gone up so much in the last few years and it is still increasing, although slower.
We are cattle farmers, and we kind of depend on the price of beef to live. Also most of the reason its gotten pricier is because things like gas get more expensive making every steps in the production chain more expensive
It looks like it’s recovering because you are increasing debt like it’s going out of fashion. You can’t possibly hope to keep that up.
Beef is very important to the American deit
Remember, “the economy” just means “rich people’s bank accounts” and doesn’t have that much to do with the actual day to day exchanging of money for goods and services real people are a part of
Time to print another trillion for the dems to embezzle out of Ukraine
The US carries the world economy fueled by beef. It's the most essential