The General Manager of Jobkins Center for Strategic Studies, expert, strategic and economic analyst engineer Mohannad Abbas Haddadin said that the monthly employment results released today in the United States caused a big shock as it could not provide more than 22 thousand jobs while 75 thousand jobs were expected, while last month it was 73 thousand jobs and the month before 147 thousand jobs, and these are not promising results for the US economy, in which indebtedness rose to more than 38 trillion dollars, and this was reflected on the US financial markets, which witnessed a decline this weekend, and the Safe Haven continued-Gold- It set a record of 3655 dollars per ounce, which will reach 4000 dollars per ounce this year.
اضافة اعلان
The intervention of the US administration in the Federal Financial Policy and the pressure on it to reduce interest this month will increase inflation and raise the unemployment rate, where it is now 4.3%, and not only that, the increase in tariffs on goods and imported goods raised prices on the US citizen with the decline in the value of the dollar and the crisis of credit card debt and debt repayment to US banks, which will expose the end of this year to financial distress, the huge recession is on the door more than ever.
President Trump is still far from any end to the global hotbeds of conflict, whether the Russian - Ukrainian war, the Gaza war and the dispute with Iran over control of its nuclear program and ballistic missiles, and to make matters worse and complicated, the loss of the United States of its most important ally, India, which in turn strengthened its alliance with China and Russia through the Shanghai Summit, there are new tensions with Venezuela, all this will lead to additional fears, and finally the great conflict with China, which may ignite a cold war with it, will lead to more uncertainty and will negatively reflect on the US economy as well as on the US financial markets and more the highs are for gold, which will pass the 4,000 dollar per ounce mark next year .
