Deutsche Bank Continues To Grow | A Look At The US Public Debt
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Inflation is the main topic not only in reports, but also in tweets. It affects the cost of living, the situation of economies and even the statements of famous people.So could Elon Musk be right about the recession?
In this article:
- Household spending
- The US public debt
- Online payment
- The impact of the family environment
- Elon Musk comment economic situation
Growing household spending
JP Morgan tweets about the impact of inflation on household spending.
Inflation is running red-hot and putting pressure on household budgets. J.P. Morgan Research explores how rising costs are impacting spending on consumer staples.
— J.P. Morgan (@jpmorgan) October 19, 2022
There is no doubt that the cost of living has increased recently due to high inflation. Households are particularly affected. Everyone wanted to know how much this situation affects the basket of goods and services of an average person. JP Moegan took a closer look at this topic and shared the results on a tweeter, among others.
Why and how public debt metters
Morgan Stanley in his tweet discusses the subject of the US public debt.
As U.S. Public Debt continues to break records, should investors be concerned by the amount debt has risen? Or are there other, more influential factors at play?
— Morgan Stanley (@MorganStanley) October 19, 2022
Read more about this episode: https://t.co/LBpeoHRz8s pic.twitter.com/ZLJKEtbqLl
Public debt is important for investors because it includes the total amount of debt of the public finance sector, which includes the general government sector. Growing public debt, regardless of its amount, must be controlled and skillfully managed. After exceeding a certain threshold, there is a greater risk of a financial crisis, the consequence of which may be increasing unemployment, lower wages or reducing the amount and scope of social benefits. High public debt also affects investors. How it affects and why it is important is presented by the author of the tweet.
Online payments is important for Deutsche Bank
Deutsche Bank informs in its tweet about cooperation with Smart with online payment.
Deutsche Bank and @smart_worldwide are cooperating on online payment for the new smart #1 https://t.co/YXudU16uRn pic.twitter.com/JGtvuK1s2K
— Deutsche Bank (@DeutscheBank) October 17, 2022
The development of online payments is important not only for customers, but especially for banks that offer such services. Competition in the market is high and the continuous development of measures in this direction is of great importance to banks. Deutsche Bank is continuing its strategy of establishing itself as a comprehensive financial service provider for digital marketplaces. Sharing such information has a positive impact on the image.
The environment we live in is important
In its tweet, UBS raises the topic of the impact of the environment, including family environment, on an individual and its development.
A family’s customs, values and ethics shape its identity. And influence the next generation. Having the right resources and guidance can make all the difference when building and communicating a shared view of enduring success. #SuccessToSuccession #shareUBS pic.twitter.com/lUrgd4krDD
— UBS (@UBS) October 20, 2022
The family is the basic unit of human life. In it he grows and develops. As a basic environment, it has a significant impact on the shaping of the individual. Family values ​​or ethnic affiliation have a great influence on the worldview and decision-making. Raising awareness on this topic will help to understand that a properly shaped environment will help an individual to achieve some success and thus allow the entire society to develop.
How long can take place the recession
Reuters Business quotes Elon Musk's words on the recession.
Musk says recession could last until 2024 https://t.co/g7htSUI4IX pic.twitter.com/aKFHCABQMn
— Reuters Business (@ReutersBiz) October 21, 2022
Economies around the world are realizing that they are facing a severe recession. The fight against inflation does not bring about the expected reforms, and on the contrary, the situation seems to be almost the same. According to Elon Musk, such a situation may last even until 2024. After the recent statements of the businessman, many people may be skeptical about it, and others may entrust this argument.
