Economics Archives - Page 29 of 62

CDBCs: The Government Wants Control Over Your Money – The Secret War on Cash

Posted on October 31, 2023 by admin | 1,758 Comments

The War on Cash goes beyond pushing a universal currency. Much of this is about the government gaining total control over your money and your privacy. The Biden Administration signed an executive order in March which - in Section 4…

Israel’s Counterattack Continues; U.S. to Borrow $1.5 Trillion More Debt in Q4 – The Truth Central, Oct 31, 2023

Posted on October 31, 2023 by admin | 182 Comments

Israel's counterattack vs. Hamas continues toward Gaza City The World Bank says increasing tensions in the Middle East could lead to $157 per barrel oil The U.S. government is planning to borrow $1.5 Trillion more in debt this quarter Another…

Climate Hysterics Link Health to Hydrocarbon Fuels: “Climate emergency is the biggest health crisis of our time – bigger than Covid”

Posted on October 31, 2023 by admin | 1,669 Comments

Spread the loveThe Guardian reports that “the toll on public health and global economy rises, radical action is needed on greenhouse gas emissions.” The article was written by Pascal Soriot. Pascal Soriot is the chief executive of the Anglo-Swedish pharmaceutical…

Middle East Escalation Could Send Oil Prices to $157: World Bank

Posted on October 31, 2023 by admin | 199 Comments

Spread the loveAny escalation in the Middle East conflict could send oil prices marching toward $100 and beyond. An escalation of the latest conflict in the Middle East could send crude oil prices to as high as $157, according to…

US To Borrow $1.5 Trillion In Debt This & Next Quarter, After Borrowing A Massive $1 Trillion Last Quarter

Posted on October 31, 2023 by admin | 275 Comments

Spread the loveOne quarter ago, when reporting on the Treasury’s latest marketable debt issuance forecast, we pointed out something striking which sparked a historic selloff in Treasuries over the next 90 days: the US Debt Tsunami had Begun as the “US Was…

Big Bond Bear Market Could Be On the Way; Israel Makes its Move in Gaza – The Truth Central, Oct 30, 2023

Posted on October 30, 2023 by admin | 145 Comments

Bond Expert Jim Grant warns bonds could be headed toward a very long bear market. In a recent in-depth interview with The Market NZZ, which has been lightly edited for length and clarity, the seasoned expert on financial history explains…

Bank Glitches Causing Missing Money from Customers’ Accounts – The Secret War on Cash

Posted on October 30, 2023 by admin | 159 Comments

Several Chase Bank customers recently reported their accounts were missing money, and bank bigwigs say a computer glitch caused the problems. That's not very encouraging on top of the mounting complaints of capital loss, frozen accounts and other issues within…

CVS Stores In DC Resort To Framed Photos Of Toilet Paper

Posted on October 30, 2023 by admin | 163 Comments

Spread the loveWhile Washington DC Mayor Muriel Bowser tries to restore ‘law and order‘ to the nation’s Capitol, local CVS stores aren’t waiting around – and have resorted to displaying photos of products on their shelves instead of the actual items themselves.…

Gold’s About To Have Its Day: Bond Expert Warns No One’s Prepared For “Higher Yields For Much, Much, Much Longer”

Posted on October 30, 2023 by admin | 156 Comments

Spread the loveThe world is experiencing a historic surge in interest rates. Jim Grant, editor of «Grant’s Interest Rate Observer», believes the turmoil could be the beginning of a multi-decade bear market in bonds. In this in-depth interview, he explains what the…

Adding the Cost of Government Subsidies, True Cost of Fueling EVs Is $17.33 per Gallon

Posted on October 30, 2023 by admin | 5,270 Comments

Spread the loveThe complete costs of “fueling” an electric vehicle for 10 years are $17.33 per equivalent gallon of gasoline, a new analysis from the Texas Public Policy Foundation says. The study authors say the $1.21 cost-per-gallon equivalent of charging…

The Mortgage Market Is So Bad Lenders Want Ex-Employees to Give Back Their Bonuses

Posted on October 29, 2023 by admin | 227 Comments

Spread the loveDavid Siegel went to work for an affiliate of Guaranteed Rate in 2021 and got a signing bonus of more than $100,000. Interest rates were super low, and mortgage bankers were raking in cash. Now that business has dried…

How Fragile is Our Banking System? – The Secret War on Cash

Posted on October 24, 2023 by admin | 148 Comments

Some of America's largest banks have experienced - and perhaps caused - serious problems in recent years. Add to that list of concerns the freezing of customer accounts - which could be any of us who entrust our savings to…

New Rocket Attacks on Israel Could Lead to a Full Regional Conflict; Biden Equates Israel-Hamas War with Ukraine-Russia War – The Truth Central Oct 20, 2023

Posted on October 20, 2023 by admin | 250 Comments

President Joe Biden addressed the nation last night on national television, equating the Israel-Hamas War with the Russia-Ukraine War, vowing to continue aiding both Ukraine and Israel. Going deeper, the Pentagon released information about the USS Carney stationed in the…

World’s Electric Grids Incapable Of Supporting Renewable Energy Goals: Agency

Posted on October 20, 2023 by admin | 271 Comments

Spread the loveElectricity grid capacity available in the world isn’t keeping pace with the rapid growth of “clean energy” technologies, possibly putting governments’ climate goals at risk, according to a recent report by the International Energy Agency (IEA). In order…

Why US Businesses Can’t Wait to Get Out of China

Posted on October 20, 2023 by admin | 2 Comments

Spread the loveAfter fueling China’s growth for decades, American businesses are now pulling out, as its political and business landscapes shift. Foreign investments are leaving China. Half of the $250 billion to $300 billion foreign bond investments since 2019 have…

Telecom Giant Nokia Plans 14,000 Job Cuts As Profits Plunge, 5G Market Struggles

Posted on October 20, 2023 by admin | 137 Comments

Spread the loveTelecom giant Nokia announced as many as 14,000, or roughly 16% of its workforce, will be laid off, warning the “timing of the market recovery is uncertain” after weaker demand for 5G equipment. Bloomberg data shows Nokia employs 86,000 people. The…

Will the Dollar Go Digital to Take on the BRICS’ Gold-Backed Currency? – The Secret War on Cash

Posted on October 19, 2023 by admin | 273 Comments

The BRICS nations are poised to supplant the dollar with a gold-backed currency. Still, the Federal Reserve will likely not go down without a fight. A potential plan would be to make the dollar a Central Bank Digital Currency (CBDC),…

Are We Headed for a New World War? – The Truth Central, Oct 19, 2023

Posted on October 19, 2023 by admin | 232 Comments

The Israel-Hamas War is raging, nations are taking sides, the Ukraine War is being allowed to continue as the US-Russia proxy war and an economic war is going on behind the scenes as China and Russia are leading a BRICS…

Automakers blast US plan to hike fuel efficiency rules

Posted on October 19, 2023 by admin | 284 Comments

Spread the loveWASHINGTON, Oct 16 (Reuters) – A group representing General Motors (GM.N), Toyota Motor (7203.T), Volkswagen (VOWG_p.DE) and nearly all other major automakers on Monday sharply criticized the Biden administration proposal to drastically hike fuel efficiency requirements. he Alliance for Automotive Innovation said…

An Historic Economic Crash is About to Happen

Posted on October 19, 2023 by admin | 273 Comments

Spread the love$1.2bn per hour “….US debt adding around $28.5bn per day for 18 days in a row….or put a different way increasing that debt burden by $1.2bn per hour and likely to increase that total debt bill by around…