marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
big government
05/20/2022
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By Mary Villareal
EU committing economic suicide by imposing sanctions on Russia
Members of the European Union (EU) have found themselves in a precarious position by joining the U.S. in its proxy war against Russia. An observer noted that European countries are imposing more sanctions on Russia for purely political reasons and with the U.S. applying just enough pressure. Saying no to Russian energy will mean that […]
05/18/2022
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By Ethan Huff
Sri Lanka running out of fuel, has enough supply for only one more day
There are currently only enough petrol stocks in Sri Lanka to last about one day, warns Ranil Wickremesinghe, the controversial new prime minister of the Southeast Asian country. Power outages could last up to 15 hours a day with the way things are headed, he added, expressing “grave concern” about the additional problem of Sri […]
05/17/2022
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By Arsenio Toledo
Record-high diesel prices affecting US-Mexico trade, leading to more inflation
Truckers continue to struggle as diesel prices in the United States hit record levels. On Thursday, May 12, the average price of diesel in the U.S. hit a record-high of $5.62 a gallon, an increase of nearly 20 cents from a week ago. This also represents an increase of more than $1.50 a gallon from roughly two […]
05/17/2022
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By News Editors
Settling wreckage from the past
Settling wreckage from the past with realities of the present can be difficult and painful. If you do the crime. You must do the time. (Article by MN Gordon republished from EconomicPrism.com) When it comes to financial markets and the economy, this can take many forms. Some of the most common include bankruptcy, shuttered businesses, and […]
05/16/2022
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By News Editors
Our world of lies
As Russia is an exporter of energy and minerals, higher prices result in more export earnings. It is Americans and Europeans hit with the high prices who are experiencing the sanctions. (Article by Paul Craig Roberts republished from FreeWestMedia.com) Ask yourself why with supply shortages, disrupted supply chains from the mindless lockdown policy, and rising inflation […]
05/12/2022
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By News Editors
Biden: Inflation is everybody’s fault but mine
Speaking at the Eisenhower Executive Office Building, President Joe Biden on Tuesday morning declared inflation to be his top “domestic priority” and insisted that inflation would not be a problem were it not for covid and the war in Ukraine. There was little room, however, for any sound economics in a speech that was little more than a […]
05/10/2022
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By Kevin Hughes
Inflation expected to persist in India despite surprising rate hike by its central bank
India’s central bank raised its key policy rate for the first time since June 2018, a surprising move that led to an extensive selloff in bonds. But an economist expects the inflation to continue at least until the end of the year. Upasana Bhardwaj, senior economist at Kotak Mahindra Bank, said in an interview with […]
05/09/2022
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By Kevin Hughes
Treasury Secretary Janet Yellen admits Biden’s spending spree is affecting inflation
United States Treasury Secretary Janet Yellen recently admitted that President Joe Biden’s $1.9 trillion American Rescue Plan did play a role in inflation. The former head of the Federal Reserve told the Wall Street Journal editor-in-chief Matt Murray that the White House’s huge spending has contributed to the current inflationary environment, but quickly added that it was “justified” because of […]
05/06/2022
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By News Editors
It’s mid-2022 and the fed has still done nothing to fight inflation
It was last August when Jerome Powell began to admit that inflation just might be a problem. But even then, he was only willing to say that inflation would likely be “moderately” above the arbitrary 2 percent inflation standard. Back in August, low inflation—not high inflation—was still perceived to be the “problem.” But things had certainly changed […]
05/06/2022
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By News Editors
The great currency reset and why Europe is trapped
There’s a lot of news flying around about the changes happening in global currency trading. (Article republished from TomLuongo.me) From “Gas for Rubles” to “What the Hell is Going on With the Yen?” there are a lot of questions and very few answers as to what it all means and whose on which side of […]
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