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Friday, 12 September 2025

Category: Economics

Bidenvilles: The New Hoovervilles; Inside the Explosion at Al-Ahli Hospital in Gaza – The Truth Central – Oct. 18, 2023

Bidenvilles: The New Hoovervilles; Inside the Explosion at Al-Ahli Hospital in Gaza – The Truth Central – Oct. 18, 2023

Posted on October 18, 2023 by admin | 160 Comments
As Bidenomics continues to ravage the US economy and housing costs have shot up, the inflationary crisis is pushing low income and fixed income Americans into tighter living conditions, During the Great Depression, the proliferation of “Hooverville” shanty towns and…
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Automakers Have Big Hopes for EVs; Buyers Aren’t Cooperating

Automakers Have Big Hopes for EVs; Buyers Aren’t Cooperating

Posted on October 18, 2023 by admin | 266 Comments
Spread the loveSales growth has slowed in the U.S. as car companies are finding a limited pool of consumers willing to pay more for these models. The auto industry’s push to boost sales of electric vehicles is running into a cold, hard…
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The New Hoovervilles? RV Villages And Make-Shift Tribes On The Rise As Inflation Bites

The New Hoovervilles? RV Villages And Make-Shift Tribes On The Rise As Inflation Bites

Posted on October 18, 2023 by admin | 163 Comments
Spread the loveFrom 2020 to 2023, the median purchase price of homes in the US rose from $320,000 to over $420,000 – That’s a 33% increase in only 3 years.   In 2011, the average price of a home was around $200,000, meaning…
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End Of Free Money Plunges German Construction Industry Into Crisis

End Of Free Money Plunges German Construction Industry Into Crisis

Posted on October 18, 2023 by admin | 158 Comments
Spread the loveA black swan of sorts no one was ready for: Negative interest rates turned positive, and all heck broke loose in the property development sector. We just got back from vacation in Franconia, Germany, where we wanted to…
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The Global Dollar Dump Has Begun: What You Need to Know – The Secret War on Cash

The Global Dollar Dump Has Begun: What You Need to Know – The Secret War on Cash

Posted on October 17, 2023 by admin | 239 Comments
The global de-dollarization is not a far-reaching fantasy -- it's happening. The BRICS nations have been building up a small army of other nations who will trade in their coming gold-backed currency but now, BRICS leaders are influencing more nations…
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The Five-Day Office Week Is Dead

The Five-Day Office Week Is Dead

Posted on October 16, 2023 by admin | 137 Comments
Spread the loveBy Nicholas Bloom Mr. Bloom is a professor of economics at Stanford University. Working from home is here to stay. I can prove it with data — lots and lots of data showing that returning to the office (RTO)…
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Home Sales on Track for Slowest Year Since Housing Bust

Home Sales on Track for Slowest Year Since Housing Bust

Posted on October 16, 2023 by admin | 137 Comments
Spread the loveResidential real-estate market hindered by mortgage rates, limited inventory. The highest mortgage rates in 23 years are dragging down home sales to their lowest levels since the subprime crisis period. Sales of previously owned homes in 2023 are expected to…
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UAW Strike Expanding: Ford To Lay Off Another 550 Workers After UAW’s ‘Surprise Move’ Hits Kentucky Truck Plant

UAW Strike Expanding: Ford To Lay Off Another 550 Workers After UAW’s ‘Surprise Move’ Hits Kentucky Truck Plant

Posted on October 16, 2023 by admin | 168 Comments
Spread the loveStarting Monday, Ford Motor Co. will lay off another 550 workers at several plants across the Midwest after United Auto Workers hit the automaker’s largest factory with ‘surprise strikes’ last week. Detroit Free Press reports, “The latest round of…
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Egypt Mulls Allowing Refugees Entry As Over 600,000 Gazans Move South; FBI Warns Of Hamas Attacks On US Soil

Egypt Mulls Allowing Refugees Entry As Over 600,000 Gazans Move South; FBI Warns Of Hamas Attacks On US Soil

Posted on October 16, 2023 by admin | 146 Comments
Spread the loveAfter giving the northern Gaza strip an evacuation ultimatum on Friday, Israel has so far withheld from launching a “significant” ground operation, with some speculating that requests from the US to evacuate all US citizens out of Palestine…
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Bank Failures Have Become Normal. Can We Afford Another 2008-Style Bailout? – The Secret War on Cash

Bank Failures Have Become Normal. Can We Afford Another 2008-Style Bailout? – The Secret War on Cash

Posted on October 13, 2023 by admin | 1,342 Comments
Bank failures have become "normal" recently. Can We afford another 2008-style bailout? On the surface you see branches closing, larger banks eating smaller ones and failures due to bad investment decisions. Again, that is what we see.
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More Big Banks Closing Branches; Is This the Future of Banking? – The Seret War on Cash

More Big Banks Closing Branches; Is This the Future of Banking? – The Seret War on Cash

Posted on October 10, 2023 by admin | 145 Comments
Chase, Wells Fargo and other large banks have announced they will be closing more branches soon. This has been happening for a while and won't end soon. As the cost-cutting shutdowns continue, many Americans will find themselves having to travel…
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Israel vs. Hamas: The Truth and What’s Next? – The Truth Central – Oct 10, 2023

Israel vs. Hamas: The Truth and What’s Next? – The Truth Central – Oct 10, 2023

Posted on October 10, 2023 by admin | 940 Comments
Hamas' devastating attack on Israeli citizens over the past weekend prompted a hefty response from Israeli Prime Minister Benjamin Netanyahu. Not only has the military struck back, Netanyahu announced plans to cut the Gaza Strip population off from electricity, food…
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The New Global Oil Market Order Hangs In The Balance After Hamas Attacks Israel

The New Global Oil Market Order Hangs In The Balance After Hamas Attacks Israel

Posted on October 10, 2023 by admin | 144 Comments
Spread the loveBy Simon Watkins In what turned out to be extraordinary timing, October 3 saw a Western coalition of France’s TotalEnergies and Italy’s Eni, plus Qatar Energy, apply for the second licensing round on oil and gas blocks 8…
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Not ESG-Friendly: Insurers Junk Entire EVs For Minor Accidents

Not ESG-Friendly: Insurers Junk Entire EVs For Minor Accidents

Posted on October 10, 2023 by admin | 216 Comments
Spread the loveIt’s a surprise that Reuters has published an article revealing that the electric vehicle revolution might not be as environmentally friendly as automakers claim. Furthermore, a scratched or slightly damaged battery pack could lead insurance companies to scrap the entire…
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Iran Helped Hamas Plan Attack on Israel; Why Oil Could Hit $150 per Barrel – The Truth Central, Oct 10, 2023

Iran Helped Hamas Plan Attack on Israel; Why Oil Could Hit $150 per Barrel – The Truth Central, Oct 10, 2023

Posted on October 9, 2023 by admin | 289 Comments
After sending $6 Billion to Iran as a ransom for hostages, Secretary of State Antony Blinken admitted the rogue nation heavily funds terrorist activities. It has also been revealed that Iran helped Hamas plan the devastating attack on Israel over…
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Will the World Bank Choose Climate Change Over Poverty?

Will the World Bank Choose Climate Change Over Poverty?

Posted on October 9, 2023 by admin | 273 Comments
Spread the loveBy Bjorn Lomborg A new G-20 report calls for raising $3 trillion and spending only a fraction of it to help the poor. Well-off nations seem to have forgotten that while they’re no longer plagued by poverty-related ills such as hunger…
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Investment titan BlackRock mutes ESG talk amid backlash

Investment titan BlackRock mutes ESG talk amid backlash

Posted on October 9, 2023 by admin | 176 Comments
Spread the loveby Charles Gasparino It’s been a difficult couple of years for BlackRock, the world’s biggest money manager. The firm is still enormously profitable, though it has recently taken some big hits because of its image as a promoter of…
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Buckle up for more ‘turbulence’ in the housing market, BofA says—it’s a housing recession, 1980s-style

Buckle up for more ‘turbulence’ in the housing market, BofA says—it’s a housing recession, 1980s-style

Posted on October 9, 2023 by admin | 270 Comments
Spread the loveHousing market pessimists have been sounding the alarm for years about a pending crash in the U.S. residential real estate market. Even before the Federal Reserve began hiking interest rates to fight inflation last year, pushing mortgage rates to a…
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“Oil Could Spike Well North Of $150”: Here Are The Main Implications For Oil From The Israeli War

“Oil Could Spike Well North Of $150”: Here Are The Main Implications For Oil From The Israeli War

Posted on October 9, 2023 by admin | 158 Comments
Spread the loveJust days after the fastest drop in the price of oil in over a year (when mere days earlier Brent almost touched $100), the oil market is facing yet another potential kneejerk shock, this time in the opposite…
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Preparing for the Coming Global De-Dollarization – The Secret War on Cash

Preparing for the Coming Global De-Dollarization – The Secret War on Cash

Posted on October 6, 2023 by admin | 160 Comments
Is Global De-Dollarization inevitable? Will the U.S. and E.U. fight back against this growing economic trend? As the BRICS gold-back currency plan moves forward, the fiat U.S. Dollar has been devalued considerably and, as a result of recent policy decisions,…
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