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If #PI reaches 0.8U in the next 24 hours, I will randomly give 500U to 20 followers! To participate, please reply with 666, follow me, and let me find you.
First, the biggest financial backer in the crypto world, Wall Street, has run into trouble. Employment data has continued to collapse, with the latest unemployment data showing that initial jobless claims unexpectedly rose by 10,000, a rise of over 5%. This marks the second consecutive increase in unemployment.
Then, another employment data point, the small non-farm ADP, also crashed, with expectations for new jobs at 110,000, but the actual new jobs were only 37,000. It’s simply a 50% Slump after another 50% Slump; the negative effects of tariffs have already begun to surface quietly. Economic indicators are flashing warnings, and the current false prosperity may just be an illusion. A recession or even a financial crisis is brewing.