from King World News
The top trends forecaster says this top trend is now engulfing the entire world.
Top Trend: New World Disorder
June 29 (King World News) – Gerald Celente: Europeans’ purchasing power is falling faster than their U.S. counterparts as the Ukraine war has a more direct impact on the continent’s economy, driving food and fuel prices steadily higher than wages, The Wall Street Journal reported.
U.S. real wages—pay rates adjusted for inflation—will fall 0.6 percent this year, according to the Organization for Economic Cooperation and Development.
In comparison, real wages will shrink 2.5 percent in Germany, 3 percent in the U.K., and 4.5 percent in Spain, the group predicted.