Revelations 18:23:’For the merchants were the great men of the earth; for by thy sorceries were all nations deceived.’
Important Takeaways:
- Share of Americans living paycheck to paycheck rises to 63% — here’s how to get your finances back on track
- As of November, 63% of Americans were living paycheck to paycheck, according to a monthly LendingClub report — up from 60% the previous month and near the 64% historic high hit in March.
- Even high-income earners are under pressure, LendingClub found. Of those earning more than six figures, 47% reported living paycheck to paycheck, a jump from the previous month’s 43%
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Rev 6:6 NAS And I heard something like a voice in the center of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not damage the oil and the wine.”
Important Takeaways:
- Argentina inflation surges to decades-high in March, sapping spending power
- Argentina’s monthly inflation rate soared to 6.7% in March, the government said on Wednesday, far above forecasts and the highest level in two decades as spiraling food and fuel prices dent the value of salaries and savings.
- Argentina has been battling with high inflation for years with little success. That has been worsened as global commodities prices have climbed over the last year, exacerbated recently by the war in Ukraine.
- Experts predict Argentina’s inflation will reach nearly 60% this year. That takes a steep toll on Argentines, almost 40% of whom already live in poverty even as a rebound in growth from the coronavirus pandemic has helped reduce that number.
- “We have no choice. If we are lucky, we can have two or even three jobs. And not even then do we make ends meet because one day products have a certain price and the next day it’s a different one. That really kills people throughout the country.”
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