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The [WEF] plan is falling apart, the systems that they were setting up are now going bankrupt and or failing. The green energy push is falling apart. The economy is now in a downward spiral. Yellen is preparing for higher rates, she is loading up on cash. McHenry comes on the scene and he is pro Bitcoin and he has been going after the [CB]. The patriots are pivoting, they are showing the people how to fight, and in what better place is this happening than in congress. Trump and the patriots are now setting up the old switcheroo. They brought in McCarthy they knew he was controlled but they needed someone, later on they tricked the D's and now they are going to put in their worst nightmare. Who will be the next speaker? EAS was tested and activated today the same time Russia tested theirs, coincidence, I think not. Everything is in position, target ready.

 

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Economy


VR Fail? Meta Will Lay Off Employees In Metaverse Unit On Wednesday





  the metaverse has become an epic failure.
Meta's Reality Labs division, working on its virtual reality tech, laid off workers and reduced spending earlier this year in what Zuckerberg has called the "year of efficiency."
Reuters reports, citing multiple sources, that Reality Labs' division focused on creating high-tech chips for virtual reality devices will slash its workforce on Wednesday.


At the moment, Meta sells Quest and smart glasses devices, but neither has turned out to be a success. As we've noted: "The Metaverse Was A Pandemic Pipe Dream" and pointed out that Zuck has been hit with a trifecta of recent failed product launches:


Metaverse
Smart Glasses
Threads

Since November of last year, Meta has cut 21,000 jobs as it reduces costs amid a slump in revenue growth, soaring inflation, and concerns about flooding metaverse, smart glasses, and Threads.



 

Source: zerohedge.com




ADP Employment Report Signals Weakest Labor Market Since Jan 2021 





The ADP print is around half the expectation for Friday's NFP print of +170k. Large firms dominated the weakness...



Manufacturing and Professional & Business Services saw large declines in jobs (ADP says professional business services down 32K, BUT JOLTS reported a 509K increase in professional and business services job openings!!!!)

“We are seeing a steepening decline in jobs this month,” said Nela Richardson, chief economist ADP.

“Additionally, we are seeing a steady decline in wages in the past 12 months.”


Pay gains also shrank for job changers, to 9 percent, down from 9.7 percent in August.



 



Source: zerohedge.com

https://twitter.com/GRDecter/status/1709539982229066159?s=20


Food Stamps Will Be Harder To Get From October





This month, Supplemental Nutrition Assistance Program (SNAP) benefits will get a boost, but eligibility requirements have changed.
The new rules, which went into effect Oct. 1, stipulate that able-bodied adults without dependents between the ages of 52 and 54 will have to prove that they are actively working, training, or in school. Before, those between the ages of 18 and 52 had to prove they are working at least 80 hours per month, in school, or involved in a training program to get the SNAP benefits.

With the recent changes, the left-wing Center on Budget and Policy Priorities warned that more than 750,000 "older adults" are at risk of losing SNAP benefits due to the "expansion of the existing, failed SNAP work-reporting requirement.