Swiss Central Bank Reports $13.36 Billion Loss in Q3… Are Central Banks about to go broke?
https://twitter.com/GoldTelegraph_/status/1719445694908608814
Submitted October 31, 2023 at 04:32PM by NirpUmbrella
via reddit https://www.reddit.com/r/economy/comments/17kumqh/swiss_central_bank_reports_1336_billion_loss_in/?utm_source=ifttt
Jamaican migrant workers say they are treated like ‘animals’ in open letter under Canadian government review
https://toronto.ctvnews.ca/jamaican-migrant-workers-say-they-are-treated-like-animals-in-open-letter-under-canadian-government-review-1.6623407
Submitted October 31, 2023 at 01:23PM by diacewrb
via reddit https://www.reddit.com/r/economy/comments/17kqatr/jamaican_migrant_workers_say_they_are_treated/?utm_source=ifttt
It’s a significant milestone for the Indian Air Force as they continue to modernize their fleet by phasing out another MiG-21 squadron. The MiG-21 has served the country well for decades, but it’s essential to embrace newer and more advanced aircraft to ensure the safety.
Submitted October 31, 2023 at 01:34PM by sharmakiran96
via reddit https://www.reddit.com/r/economy/comments/17kqk0s/its_a_significant_milestone_for_the_indian_air/?utm_source=ifttt
Bankruptcy Filings Rise 13 Percent
https://www.uscourts.gov/news/2023/10/26/bankruptcy-filings-rise-13-percent
Submitted October 31, 2023 at 02:32PM by thinkB4WeSpeak
via reddit https://www.reddit.com/r/economy/comments/17krvtf/bankruptcy_filings_rise_13_percent/?utm_source=ifttt
Why was Europe severly hit by 2008, in comparison to USA?
I was reading about the econonomical history of USA and compared it to European gdp per capitas side by side.
I've two questions.
1) It seems like USA wasn't really hit as severly by 2008 economical crisis in comparison to Europe.
If we compare gdp per capita of Italy, UK with USA
Italy (2008) – 40,000 Dollars ~ Italy (2023) – 35,000 Dollars
UK (2008) – 47,000 Dollars ~ UK (2023) – 46,000 Dollars
USA (2008) – 48,000 Dollars ~ USA (2023) – 70,000 Dollars
My question is, why wasn't USA. As severly hit by 2008 economic crisis as Europe?
2) It's a general trend that countries with a large population tend to have lower average wages but it isn't seen in USA. USA has better wages than most developed countries, the same developed countries who are often better than USA in terms of lively indicators like life expectancy.
TLDR – Why wasn't America hit as severly by 2008 economic crisis as Europe and why is USA's wages significant higher than other Western countries.
Submitted October 31, 2023 at 12:03PM by Bright_Order_8167
via reddit https://www.reddit.com/r/economy/comments/17koh7r/why_was_europe_severly_hit_by_2008_in_comparison/?utm_source=ifttt
Where can you buy a big house in the US for less than $100k with mild winters and good internet?
https://i.redd.it/8lbgy2skakxb1.jpg
Submitted October 31, 2023 at 12:06PM by mkitsos85
via reddit https://www.reddit.com/r/economy/comments/17kok1i/where_can_you_buy_a_big_house_in_the_us_for_less/?utm_source=ifttt
The national debt is finally a real-world problem
https://finance.yahoo.com/news/the-national-debt-is-finally-a-real-world-problem-202357147.html
Submitted October 31, 2023 at 09:40AM by GetRichQuickSchemer_
via reddit https://www.reddit.com/r/economy/comments/17klb22/the_national_debt_is_finally_a_realworld_problem/?utm_source=ifttt
Out of the 71 Million U.S. Employees who can Work From Home, 94% Do Not Want to Return to the Office Permanently
https://statographer.com/out-of-the-71-million-u-s-employees-who-can-work-from-home-94-do-not-want-to-return-to-the-office-permanently/
Submitted October 31, 2023 at 10:02AM by Happy_Escape861
via reddit https://www.reddit.com/r/economy/comments/17klrx9/out_of_the_71_million_us_employees_who_can_work/?utm_source=ifttt
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Exclusive: China snaps up Australian, French wheat as crop damage spurs buying spree
https://www.reuters.com/markets/commodities/china-snaps-up-australian-french-wheat-crop-damage-spurs-buying-spree-2023-10-31/
Submitted October 31, 2023 at 07:54AM by Gladio_enjoyer
via reddit https://www.reddit.com/r/economy/comments/17kj8zj/exclusive_china_snaps_up_australian_french_wheat/?utm_source=ifttt
Education Department punishes student loan servicer for billing mistakes
https://www.npr.org/2023/10/31/1209464901/education-department-punishes-student-loan-servicer-billing-mistakes-mohela
Submitted October 31, 2023 at 07:31AM by zsreport
via reddit https://www.reddit.com/r/economy/comments/17kiuvn/education_department_punishes_student_loan/?utm_source=ifttt
Chet Wang 
