We Are Barreling Toward Civil Unrest Amid Food Shortages

TOPICS AND TIMESTAMPS:
This Is It 0:00
Central Banks What? 0:24
Inflationary Recession 1:25
Food Shortage 5:01
Major Flip Flop 7:55
You Should Know These 10:20
Bank of England on Twitter: "The Monetary Policy Committee voted by a majority of 6-3 to increase #BankRate to 1.25%. https://t.co/31MpeWiCKR https://t.co/LyByVYJ8iw" / Twitter
https://twitter.com/bankofengland/status/1537390022814466048?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1537390022814466048%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fmarkets%2Fpound-tumbles-after-bank-england-hikes-25bps-split-decision-drops-guidance-future-rate
SNB Raises Interest Rate from a Record Low - Bloomberg
https://www.bloomberg.com/news/articles/2022-06-16/snb-unexpectedly-raises-interest-rate-from-a-record-low
Wall Street Sounds a Louder Recession Call After Fed Rate Hike
https://finance.yahoo.com/news/wall-street-sounds-louder-recession-213251562.html
Consumer Spending Is Running Out Of Steam and the Market Isn’t Ready For It
https://finance.yahoo.com/news/consumer-spending-running-steam-market-140417695.html
36% of high earners are living paycheck to paycheck
https://www.cnbc.com/2022/06/16/more-high-earners-are-living-paycheck-to-paycheck.html
Stock market's fall has wiped out $3 trillion in retirement savings this year - CBS News
https://www.cbsnews.com/news/stocks-drop-retirement-savings-401k-ira-3-trillion-2022/
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https://cms.zerohedge.com/s3/files/inline-images/2022-06-16_05-32-58.jpg?itok=FoRATtqN
From Great Resignation to Forced Resignation: Tech companies are shifting to layoffs after a huge ramp up in hiring - MarketWatch
https://www.marketwatch.com/story/from-great-resignation-to-forced-resignation-tech-companies-are-shifting-to-layoffs-after-a-huge-ramp-up-in-hiring-11655308264
Monthly costs to finance new, used vehicles hit record high
https://www.cnbc.com/2022/06/16/monthly-costs-to-finance-new-used-vehicles-hit-record-high.html
Pennsylvania farmers getting crushed by record diesel fuel prices, lawmakers told
https://www.mcall.com/news/pennsylvania/capitol-ideas/mc-nws-pa-hearing-inflation-farmers-20220614-d664grvihnfilakimt4wvcy6e4-story.html
Samsung temporarily reduces procurement amid inventory pressure - Nikkei Asia
https://asia.nikkei.com/Spotlight/Supply-Chain/Samsung-temporarily-reduces-procurement-amid-inventory-pressure?utm_campaign=GL_one_time&utm_medium=email&utm_source=NA_newsletter&utm_content=article_link&del_type=3&pub_date=20220616161000&seq_num=2&si=79447
China's holdings of U.S. Treasuries skid to 12-year low; Japan also cuts holdings
https://finance.yahoo.com/news/chinas-holdings-u-treasuries-skid-215852789.html
A Billionaire Bought a Florida Home for $94.2 Million Last Year. Now He’s Selling It for Around $175 Million. - WSJ
https://www.wsj.com/articles/a-billionaire-bought-a-florida-home-for-94-2-million-last-year-now-hes-sellin