CrunchyVine
17.5K posts


🚨 THE FED IS NOW IN THE WORST POSSIBLE SITUATION
And now there's no going back.
Just now, US CPI data was released, and it was really bad.
US CPI spiked to 3.3%, its highest level since May 2024.
Core CPI also came in at 2.6%, its highest level in 2026.
This is the first major inflation print, and it's already showing that things are getting out of control.
The market is already expecting no rate cuts in 2026, and with today's print, the odds are even less now.
But here's one problem.
Inflation isn't the only concern now for the Fed.
US GDP growth is really bad, and people are losing jobs.
The private credit market is breaking while the housing market looks really weak.
This means the Fed hasn't been able to control either of its mandates.
The Fed's goal is 2% CPI and 4% unemployment, and right now, both things are going up.
If the Fed tries to save one thing, the other will break.
Also, the energy crisis hasn't shown its full impact yet.
With the Strait of Hormuz still closed, this is only going to get worse.
And unlike 2020 or 2023, the Fed will do nothing and just watch the economy head into its worst crisis in decades.


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So, @sarstax, maybe our first month in paying PAYE, I happened to pay it by the deadline date, but after 3pm - which is apparently your cut-off for a day. 3pm? And you immediately lobbed a penalty of R7500 on us - that you have refused since to pay back. Tell me about how this helps small business? You may not think it's a lot of cash, but it was to us.
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@ThomasSowell The vision was a Rainbow 🌈 Nation! As it turned out ...reparations were sought from those who just small children in the last regime - busy at nursery school and school - and had absolutely no idea what politics even was!!
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Breaking: Inflation accelerated to 3.3% in March, the hottest reading in two years on.wsj.com/423QRf7
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Malema: The future of South Africa is the EFF, ANC and MK Party
Economic Freedom Fighters (EFF) leader Julius Malema says the only viable future for South Africa is for his party, the ANC and the uMkhonto weSizwe Party (MK Party) to work together in a coalition.
mg.co.za/politics/2026-…
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President Cyril Ramaphosa has backed plans to boost America’s corporate presence in SA. businesstech.co.za/news/governmen…
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@karynmaughan Time to employ permanent staff - no tenders! Create jobs and keep costs down!
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Madlanga: When it comes to tenders, the Constitution has been turned ‘against’ South Africans
news24.com/southafrica/cr…
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South African taxpayers face the possibility of higher taxes in the future as the tax base continues to shrink, mainly due to skilled individuals leaving the country.
businesstech.co.za/news/finance/8…
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