ECONOMY
Deadline Day Is Here And The BRICS Countries Are Not Cooperating – So How Will The “Wall Of Tariffs” Impact The U.S. Economy?
It was nice while it lasted. Nations all over the globe had until August 1st to agree to a trade deal with the Trump administration. Some of them made deals, but most of them did not. Those that did not will now be hit by a “wall of tariffs”, with […]
Is The Federal Reserve Purposely Trying To Destroy The U.S. Economy?
Oops, they did it again. Even though the housing market has been in a depressed state for an extended period of time and even though economic conditions are slowing down all over the country, the Federal Reserve has once again refused to lower interest rates. What in the world are they […]
Sanctions – the Neocon Tool That Has Never Worked Even Once
The fact that Trump is threatening sanctions against India for buying Russian oil and to hammer Russia to somehow force Putin to his knees and accept whatever terms Europe demands, proves that Trump is now taking advice from Lindsey Grachm, NATO, their puppet EU leaders, and the Neocons with the […]
New Rule: Companies Like to Brag About Layoffs
Bosses like to tout shrinking head counts as AI accomplishments. If you are reducing headcount, and can attribute it to AI, then brag about it. The Wall Street Journal reports CEOs Trumpet Smaller Workforces as a Sign of Corporate Health Big companies are getting smaller—and their CEOs want everyone to know […]
War Bankrupts Empires, Nations & City-States – Here We Go Again
France was on the brink of its Fifth bankruptcy in 1720. France defaulted in 1558 under Henry II, following the costly Habsburg-Valois Wars (also known as the Italian Wars), the outright repudiation of debt, and currency devaluation. Then in 1648, a Debt Crisis occurred under Louis XIV (Early Reign) with the Thirty Years’ War (1618–1648) and the […]
Bank Branches are the Latest Creative Destruction Casualty
Over 8,000 bank branches are expected to close worldwide in 2025. Approximately 3,200 of those closures will take place in the United States. Q1 experienced 148 net branch closures in the US, with all major banks slated to close branches throughout the year. These are merely bank closures and not bank failures, […]
10 Economic Facts That Nobody Can Deny
If you ask 1,000 different Americans about the state of the U.S. economy, you will get 1,000 different opinions. But what is the truth? In this article, I am going to share information with you that is indisputable. I like to examine things from an analytical point of view, and […]
Fire the Fed, Raise Tariffs, and Hope for the Best
President Donald Trump and Treasury Secretary Scott Bessent want lower interest rates so they can lower the financing costs of America’s massive debt. The net interest on the debt for fiscal year 2025 is on track to hit $1 trillion. Federal Reserve Chair Jerome Powell has resisted daily lambasting from […]
Hello New York, the UK Shows that if You Tax the Rich, They Will Flee
The UK closed a tax loophole. Guess what. NYC can expect the same. Extreme Wealthy Flee the UK The Wall Street Journal reports The U.K. Closed a Tax Loophole for the Global Rich. Now They’re Fleeing. The U.K. is trying to tax the superrich. It’s off to a bumpy start. “I’m […]
Trump Unleashed New Tariffs on Mexico and EU
Donald Trump, the United States’ ruler, has announced new tariffs on both Mexico and the European Union. Trump said that these tariffs will go into effect starting on August 1st. The U.S. will impose a 30% tariff on all imports from Mexico and the European Union (EU), citing national security […]
