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Biden Unleashes Propaganda Machine: Rejoice For Illegal Immigration Will Boost US GDP By $7 Trillion | ZeroHedge

One month ago we asked a simple question: at a time when the Biden admin is breathlessly taking credit for a quote-unquote "strong" job market, how is it not the biggest political talking point right now that since October 2019, native-born US workers have lost 1.4 million jobs; while over the same period foreign-born workers have gained 3 million jobs.

A few weeks later, when the grotesque and ridiculous January jobs report hit, we reran the analysis to find something (more…)

Continue ReadingBiden Unleashes Propaganda Machine: Rejoice For Illegal Immigration Will Boost US GDP By $7 Trillion | ZeroHedge

Cisco To Fire “Thousands”, Adding To Firehose Of Tech Layoffs Since Beginning Of 2024 | ZeroHedge

The tech industry has been so delirious about the vast wealth that pervasive chatbots will supposedly unleash, it forgot about the massive layoffs on the road to AI nirvana. Luckily, every day there is a new tech giant to remind us of just how much fewer jobs will be needed in said future, and how laughable the Biden Labor Department's "strong jobs data" is… and today it was network giant Cisco's turn.

According to Reuters, Cisco will lay off "thousands of (more…)

Continue ReadingCisco To Fire “Thousands”, Adding To Firehose Of Tech Layoffs Since Beginning Of 2024 | ZeroHedge
Read more about the article US Trade With Mexico Surges To No. 1 Position | ZeroHedge

US Trade With Mexico Surges To No. 1 Position | ZeroHedge

Mexico was the biggest trade partner of the U.S. in 2023 and the biggest source of the country's imports ahead of China.

As Statista's Katharina Buchhoz details below, trade with Mexico – both imports and exports – totaled close to $800 billion last year as efforts to source closer to home and reduce dependence on China are ongoing in the U.S. and other Western countries.

The U.S. has also intensified trade with its neighbor to the North.

Canada is currently the (more…)

Continue ReadingUS Trade With Mexico Surges To No. 1 Position | ZeroHedge