Premium Only Content
China Begins Wealth Modification For Citizens, Wealth Stocks Battered, Toyota Cuts Production 40%
follow our journey in Mexico http://youtube.com/c/growathome
Subscribe to our backup channel
http://bit.ly/backupchannellbry
http://silverreportuncut.com
Subscribe to the SRU podcast
http://soundcloud.com/silverreport
http://silverreportuncut.podbean.com
Follow Us On Telegram http://t.me/silverreport & https://parler.com/profile/silverreport/posts
anyone can post on our public group http://t.me/silverreportforum
Ad revenue is down almost 70%, it's viewers like you who help keep the sru coming! you can donate via crypto at our website or consider supporting our work on
http://buymeacoffee.com/silverreport
https://www.patreon.com/silverreport
Toyota stock plunged, global markets were hammered and Tokyo stocks closed at a 7-month low after the Nikkei reported that Toyota would slash global production for September by 40% from its previous outlook. The production cut - result of the pervasive global chip shortage which has crippled supply chains - will reduce Toyota's global production for September from 900,000 automobiles to 500,000.
As a result, Toyota's global production for the month well be below that of last September, when demand was beginning to recover from the initial stages of the chaos and Toyota turned out 840,000 units.
The production cut, which amounts to just about 350,000 units, means the auto giant will temporarily suspend production lines at multiple domestic factories, including its Takaoka plant in Aichi Prefecture, starting early next month. Production in North America, China and Europe will also be scaled back by tens of thousands of units, resulting in widespread furloughs.
European luxury stocks slumped, and were among the worst performers in Europe’s Stoxx 600, after Chinese state media this week said President Xi Jinping offered an outline for “common prosperity” via wealth modification- that includes income regulation and redistribution, putting China’s wealthiest citizens on notice. Among the biggest losers were Richemont -5.6%, Kering -5.3%, LVMH -4.2%, Swatch -3.6%, Burberry -2.7%, Hermes -2.2%. Hong Kong-listed Prada plunges 10%.
-
14:19
SRU
2 years ago $0.02 earnedThe Dollar Is Once Again The World's Problem - Chinese State Urges De-Dollarization - A Rising Trend
181 -
9:39
GBGunsRumble
21 hours agoGBGuns Armory Ep 128 Kimber R7 Mako Carbon Compact
44.6K8 -
1:00:51
The Tom Renz Show
19 hours ago"DEI Is Racist - Who knew & Redfield Now Worries About COVID Jabs"
53.5K7 -
5:01
BIG NEM
12 hours agoInside the Albanian Mob... As a Serb.
25.7K2 -
1:40:14
TheConnieBryanShow
4 days agoGAIN OF FUNCTION: MRNA, D.A.R.P.A. & THE PFIZER PAPERS
21.4K5 -
2:14:01
Fresh and Fit
9 hours agoDr. Disrespect Moves To Rumble!
74.2K35 -
6:14:53
Akademiks
11 hours agoDrake Sued his Label for Botting Kendrick Lamar Streams to 'End Him'. Kendrick Drops new video!
80K18 -
0:46
Dr Disrespect
17 hours agoIt's not just a stream... it's an experience
348K1.79K -
5:45:38
80sKiid
12 hours ago $30.33 earnedFirst stream on RUMBLE!!!!!
106K5 -
3:56:31
JakeParker
12 hours ago $14.68 earnedJakeParker is LIVE on Rumble
62.8K