economics
At bottom things cannot continue the way they have been, otherwise the system can and will break...
“Something will have to give...”
"consumer spending "barely increased...employment rose at a slight pace overall... firms' ability to pass cost increases on to consumers had weakened considerably"
Since we have not traveled as far on the path as Japan, we have time to learn their lessons and fix them. Will this happen?
Russia, thanks to cheaper crude supply, was China’s top source of crude imports last year...
Yet the masses and their politicians remain economically ignorant, segregating themselves into us versus them, using the technology to fight deadlier wars, and ignorantly attempting to centrally plan the social-order economy...
Texas, Florida, Illinois, Michigan and Georgia firms say market conditions, loss of customers forced job cuts
"If rate increases continue to proceed at this frequency and magnitude without critical review, it risks plummeting volume further and exacerbating USPS's financial challenges."
Each person in the European Union generated an average of 131 kilograms of food waste...
The push for greater investments in manufacturing will reinforce China’s role as the world’s factory and fuel already-tense trade relationships with the US and other major economies, both in the developed and developing worlds.
"It's not surprising that we, like many investors, are focused on what the upcoming US election could mean for inflation." - Morgan Stanley
A myth that fosters undue enthusiasm for government spending
...the idea of eating laboratory-grown meat is still not that convincing to a majority of people.
Federal electric vehicle mandates are being criticized as ‘class warfare’ with far reaching implications for certain parts of America...
In these days of rampant inflation, it’s imperative that we return to the gold standard - and the real thing too...
In the last 21 months, US factory orders have been downwardly revised 17 times...
This is what they asked for, and now it's happening; for every action there is an equal and opposite reaction...
Governor Gavin Newsom bragged of a surplus, but California is seriously underwater. The next recession will hit the state extremely hard...