economics


Housing Costs Are Crushing The American Middle Class, But How Can We Fix The Problem?

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At bottom things cannot continue the way they have been, otherwise the system can and will break...


IMF Warns Biden's Fiscal Profligacy Poses "Significant Risks" To Global Economy 'In Great Election Year'

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“Something will have to give...”


Beige Book Reveals Economy In Far Worse Shape Than White House Claims

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"consumer spending "barely increased...employment rose at a slight pace overall... firms' ability to pass cost increases on to consumers had weakened considerably"


Are We On Japan's Path Of Stagnation?

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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?


China's Crude Oil Imports Hit A Record High In 2023

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Russia, thanks to cheaper crude supply, was China’s top source of crude imports last year...


US Industrial Production Is Flat YoY In March

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...thanks to big upward revisions for February


Why Mankind Remains So Lost In Economic-Ignorance & Tribalistic-Warmongering

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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...


Over 1,300 Layoffs Hit Logistics Companies Across US

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Texas, Florida, Illinois, Michigan and Georgia firms say market conditions, loss of customers forced job cuts


It’s Official: Reflation Is Here

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The possibilities are truly terrifying...


Stamp Prices Rise By 8%, For The Second Time In 4 Months

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"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."


The Scale Of Food Waste In Europe

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Each person in the European Union generated an average of 131 kilograms of food waste...


Xi's Production Push Set To Fan Renewed Trade War

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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.


Morgan Stanley: What Happens To Inflation After The Election

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"It's not surprising that we, like many investors, are focused on what the upcoming US election could mean for inflation." - Morgan Stanley


World War II Didn't End The Great Depression

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A myth that fosters undue enthusiasm for government spending


Lab-Grown Meat Isn't For Everyone

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...the idea of eating laboratory-grown meat is still not that convincing to a majority of people.


Behind EV Push, A Wealth Transfer From Red To Blue Regions

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Federal electric vehicle mandates are being criticized as ‘class warfare’ with far reaching implications for certain parts of America...


Bring Back Gold!

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In these days of rampant inflation, it’s imperative that we return to the gold standard - and the real thing too...


GDP Growth Doubts Rise As Goods Shipments Disappoint In Feb; Orders Revised Lower... Again

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In the last 21 months, US factory orders have been downwardly revised 17 times...


Mass Layoffs Begin At California Fast Food Chains As $20 Minimum Wage Law Takes Effect

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This is what they asked for, and now it's happening; for every action there is an equal and opposite reaction...


California's Deficit Is $222 Billion And The State Is $1.6 Trillion In Debt

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Governor Gavin Newsom bragged of a surplus, but California is seriously underwater. The next recession will hit the state extremely hard...