Economics Archives - Page 43 of 62

Endgame: US Federal Debt Interest Payments About To Hit $1 Trillion – USA on Fast Track to Fiscal Death

Posted on July 14, 2023 by admin | 249 Comments

Spread the loveThere was a shocking number in today’s latest monthly US Budget Deficit report. No, it wasn’t that US government outlays unexpectedly soared 15% to $646 billion in June, up almost $100 billion from a year ago…… while tax receipts…

XRP Beats the SEC: Tokens Sold Though Trading Algorithms to General Public Are NOT a Security

Posted on July 14, 2023 by admin | 2,461 Comments

Spread the loveThe stock of crypto trading platform Coinbase Global soared about 20% Thursday after a federal judge ruled a crypto token didn’t, in and of itself, meet the definition of a security. The judge made the ruling in a closely watched…

The Truth Central July 13, 2023: Bidenomics Equals Stagflation; UN Sustainability Agenda: Destroy the Middle Class

Posted on July 13, 2023 by admin | 156 Comments

While President Joe Biden brags about his Bidenomics, the real effects of his policies have hurt American working families hard starting with piloting inflationary policies on forward. Economics analysts say the next phase is Stagflation -- all while food and…

Third Wave of Hotel CRE Defaults Has Started, Triggered by CMBS Maturities and Variable-Rate Mortgages

Posted on July 13, 2023 by admin | 149 Comments

Spread the loveCMBS holders are on the hook, not banks. Investors in hotel REITs have gotten totally crushed. By Wolf Richter for WOLF STREET. The financialization of everything has let to a convoluted setup for hotels and their beaten-up investors at all levels.…

‘Bidenomics’ equals stagflation, bleak American future

Posted on July 13, 2023 by admin | 137 Comments

Spread the love‘Let them eat cake’ is irresponsible economic policy. By Peter Navarro – – Tuesday, July 11, 2023 OPINION: “Bidenomics” equals stagflation. That’s America’s sober economic reality after more than 2½ years of the Biden presidency, pockmarked by profligate government spending, soaring interest…

Destroying the Middle Class in Economically Developed Nations is the Goal of the UN’s “Sustainability” Agenda

Posted on July 13, 2023 by admin | 134 Comments

Spread the loveCaptive in the so-called 15-minute cities, eat bugs and no meat, immerse in the metaverse, and a never ending feed of pharmaceuticals, and all that by force, otherwise your universal basic income (UBI) gets cut off. Energy? Dirty.…

Waiting for ‘Buyers to Come’: Unsold Electric Vehicles Piling Up in Car Dealerships, Says Report

Posted on July 13, 2023 by admin | 62 Comments

Spread the loveThe number of unsold electric vehicles at dealers in the second quarter tripled compared to the past year, signaling a weakened demand for the segment, said a recent report by leading auto-dealer data company Cox Automotive. In second…

Auto Insurers Hit By Worst Crisis In “30 Years,” Sends Premiums Skyrocketing

Posted on July 13, 2023 by admin | 273 Comments

Spread the loveIs the American Dream of owning a car dying for the middle class? On the inflation front, consumers have a reason to celebrate, as prices for used cars saw a significant drop in June. However, there’s a flip side to…

The Truth Central July 12, 2023: The Great Famine Reset: You Will Own Nothing and Starve

Posted on July 12, 2023 by admin | 141 Comments

The World Economic Forum and Climate Alarmists' war on the global food supply marches on in lockstep as world elites try their best to re-shape the world into their own image and under their control. At this point, with the…

Climate Alarmist War On Nitrous Oxide Threatens The Global Food Supply

Posted on July 12, 2023 by admin | 135 Comments

Spread the loveby Jerome R. Corsi In November 2022, four eminent scientists issued a theoretical physics paper,“Nitrous Oxide and Climate.” It proves that the UN’s Intergovernmental Panel on Climate Change (IPCC)’s “war on nitrous oxide” to achieve Net Zero Emissions (NZE)…

The Great Famine Reset: You Will Own Nothing and You Will Be Starving

Posted on July 12, 2023 by admin | 1,470 Comments

Spread the loveBy Augusto Zimmermann and John G. Hartnett Commentary “You will own nothing, and you will be happy.” This confronting statement emanates from the World Economic Forum (WEF), a non-governmental organization established in 1971 by Klaus Schwab. By all appearances, the WEF…

Many Human Rights Violations Reportedly Found in Critical Mineral Supply Chains

Posted on July 12, 2023 by admin | 883 Comments

Spread the loveOver 100 cases of alleged human rights violations and environmental abuses by Chinese-invested companies involved in mineral mining supply chains were identified in a recent report from the Business & Human Rights Resource Centre in London, England. According…

Automakers are Making Electric Cars No One is Buying

Posted on July 12, 2023 by admin | 169 Comments

Spread the loveThe media prepares to blame car dealers. Woke and broke. Much like soy meat substitutes were supposed to be the huge new thing until it turned out most people were perfectly happy eating meat. A combination of government…

The Truth Central July 11, 2023: US vs. NATO Allies on Ukraine Membership; California Crime Surges, Arrests Down

Posted on July 11, 2023 by admin | 199 Comments

While the US continues to hand money and arms to Ukraine, the Biden Administration is battling NATO allies over the former Soviet Republic's admittance to the group's ranks. Dr. Jerome Corsi looks at the possibilities and ripple effects today on…

CRE Nightmare for CMBS Holders: Office Mortgage Delinquency Rate Has Biggest Six-Month Spike Ever. It’s just the Beginning

Posted on July 11, 2023 by admin | 112 Comments

Spread the loveAnd it’s structural. Variable-rate CRE mortgages and much higher rates just speed up the process. By Wolf Richter for WOLF STREET. After blowing through the pandemic with no more than a squiggle, the delinquency rate of Commercial Mortgage-Backed Securities (CMBS) backed…

Crimes Surging in California While Arrests Declining: Attorney General’s Report

Posted on July 11, 2023 by admin | 155 Comments

Spread the loveCrime statistics for 2022 show violent and property crimes increasing year-over-year in California, according to an Attorney General report released June 30. With crime increasing across many categories, homicide and driving under the influence arrests each decreased 5.9…

Solar Activity: Solar Cycle 25 Surpasses Cycle 24

Posted on July 11, 2023 by admin | 1,599 Comments

Spread the loveby Javier Vinos Over the past two decades, solar activity has been characterized by an extended solar minimum spanning two solar cycles, known as the Clilverd Minimum. This phenomenon is currently affecting the climate, but before we can…

Climate Models Come With ‘Dangerous’ CO2 Warming Baked In, Code Review Finds

Posted on July 11, 2023 by admin | 315 Comments

Spread the loveIn November 2021, one of the main programmers of the NASA climate model Gavin Schmidt told readers of the Spectator that the track record of models going back to the 1970s, “shows they have skilfully predicted the trends of the past decades”.…

The Truth Central July 10, 2023: Biden’s Plan to Block Out the Sun; Mortgage Payments at Record High

Posted on July 10, 2023 by admin | 909 Comments

President Joe Biden things blocking out a good portion of the sun's rays will save the planet and favors an expensive plan to do so. Meantime, Bidenomics is playing a huge role in the current real estate bubble as mortgage…

Monthly mortgage payments reach record highs in US

Posted on July 10, 2023 by admin | 251 Comments

Spread the loveWould-be homebuyers are willing to take on sharply higher mortgage payments, even as home prices have begun to pull back this year. The median monthly payment listed on applications for home purchase loans jumped 14.1% in May from a…