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Global Economy Insights (Videos): UK Recession Hits Hard | California Exodus Accelerating | Egypt Ditches US Dollar | Retailers Face Imminent Bankruptcy

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This compilation of financial-related insights includes videos from Sean Foo, The Atlantis Report, Lena Petrova, and Epic Economist.

Sean Foo talks about a recession in the UK being confirmed.

The Atlantis Report shares news of California being the harbinger of what’s to come.

Lena Petrova reports on BRICS news with Egypt ditching the US Dollar, an 85% surge in millionaires, and the expansion of Russia-China Trade.

Epic Economist shares news of big retailers facing imminent bankruptcy.

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Sean Foo
Feb 17, 2024

The British economy has officially entered a recession. The toll of higher interest rates and sky-high inflation has taken effect. Meanwhile, P---n is suddenly backing J-------n as US President for the 2024 e-------s while U-----e’s aid seems to be collapsing. Here’s what you must know

https://www.youtube.com/watch?v=SA9aMMXY1RA

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The Atlantis Report
Feb 17, 2024

California, the most populous and the richest state in the US, has long been a magnet for people and businesses from all over the country and the world, attracted by its sunny climate, diverse culture, innovative economy, and progressive politics. However, in recent years, California has also become a source of people and businesses leaving the state for other destinations, driven by its high cost of living, heavy taxation, strict regulation, social problems, and natural disasters. Today, we will look at the California exodus and its causes.

https://www.youtube.com/watch?v=q4sZywpgf1g

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Lena Petrova, CPA – Finance, Economics & Tax
Feb 17, 2024

BRICS NEWS: Egypt Ditches US Dollar, 85% SURGE in Millionaires, Expansion of Russia-China Trade

https://www.youtube.com/watch?v=2Qz2DDp7234

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Epic Economist
Feb 17, 2024

In 2024, many retailers are facing tough times, possibly even bankruptcy. Some big names like Ascena Retail, known for Ann Taylor and others, are struggling with high debt and stock prices dropping. Joann, the craft store, had ups and downs during the pandemic but now faces high bankruptcy risks. Even popular brands like Peloton and Beyond Meat are feeling the squeeze. With challenges like declining sales and layoffs, companies like Rent the Runway and Marley Spoon are also on shaky ground. Even well-known names like The Container Store and Fossil Watches are facing uncertain futures.

https://www.youtube.com/watch?v=pEzgZszJyvU

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