The 17th BRICS summit was held in Rio de Janeiro on July 6 and 7, and there is a general agreement among attendees and observers that Brazil delivered a summit of exceptional quality. In addition to the Rio BRICS 2025 final declaration, described by analysts as a unified blueprint for a multipolar and inclusive global […]
Are the BRICS Countries increasing their clout? Are the BRICS Countries Hard to Ignore? Increasing Their Economic Clout? My answer is no. A Bloomberg columnist says yes. But he misses the real issue by a mile. Please consider BRICS Is Getting Increasingly Hard to Ignore by Alan Crawford. BRICS leaders hosted by Brazilian President Luiz Inácio Lula […]
I have written about how Rome fell, and just by mapping the population of Rome, you can see the fate of many current nations and states operating under poor fiscal policies – people sell and just leave. It is different this time because, under socialism, the government has become abusive. When it came to integration, […]
Hurry, hurry, step right up, tax credits expire September 30. Has There Ever Been a Better Time to Buy an EV? The Wall Street Journal asks Has There Ever Been a Better Time to Buy an EV? Not even bargain-basement deals are enough to entice U.S. drivers to go all-in on electric vehicles. A Hyundai dealership […]
Stupid me, I started reading the bill recently passed by Congress I just started reading the recently passed bill endorsed by Trump. At 829 pages, it promises a different government than we had with Biden – many of his pet policies are eliminated. But, the new government it promises is BIGGER, more wracked with debt, […]
The city of Los Angeles declared a state of fiscal emergency amid a $1 billion deficit. The council approved of the emergency declaration unanimously in a 14-0 vote. This comes after Mayor Karen Bass approved a $14 billion budget for the fiscal year that began on July 1. The city is a prime example of […]
The dollar is “unattractive.” At least that’s how UBS sees it. In a recent note, the Swiss investment bank said it is time to “reduce and hedge exposure to USD before further dollar declines.” The dollar has weakened significantly over the last six months, with the dollar index (DXY) falling by over 10 percent so far […]
The PYMNTS Intelligence report “Financial Lifestyles Shape Credit Reliance” revealed that American consumers are struggling to afford the basic essentials. Prices have been elevated since the worldwide pandemic shutdown the global economy and have not gone down in a meaningful way. The study found that 43% of American households who are a paycheck away from poverty […]
Why are thousands of Walmart workers suddenly “vanishing” all over the nation? And why are vast numbers of agricultural workers suddenly no longer showing up for work? What I am about to share with you is extremely alarming. During the “open border years”, our economy became extremely dependent on very cheap migrant labor. Now that […]
New York City’s far-left mayoral candidate Zohran Mamdani is the human embodiment of the WOKE Socialist agenda. His “progressive” views are based on policies that have failed countless times. Mamdani’s most recent proposal has sparked controversy as he believes that predominantly white neighborhoods should pay higher taxes. Socialists feed on increased taxation to support the […]