Families are paying 24% more for home appliances, 7% more for electronics and 6% more for clothes this Black Friday. America’s small businesses are barely surviving. Forget 2007. The US consumer today is facing a worse crisis.

Forget 2007. The US consumer today is facing a worse crisis. It's not Systemic Leverage; it's Household Arithmetic. My new memo breaks down the structural squeeze: why the 2026 economy faces a consumer solvency crisis, not a liquidity crisis. — …

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Global recession hits: Samsung Electronics to lay off up to 30% of its global workforce, citing declining sales and a shrinking customer base.

Samsung Electronics, the world's top maker of smartphones, TVs and memory chips, is cutting up to 30% of its overseas staff at some divisions, three sources with direct knowledge of the matter told @Reuters. Read more https://t.co/U07j1AM2pe pic.twitter.com/imSKS6qwyq — Reuters …

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