Economics Archives - Page 48 of 62

Restart Of Student Loan Payments To Slash Household Spending By $15.8 Billion Every Month

Posted on June 16, 2023 by admin | 232 Comments

Spread the loveTwo weeks ago, in “The Great Student Loan Nonpayment Boondoggle Is Over And Household Spending Is About To Collapse“, we showed how the three year-long payment forbearance had artificially boosted disposable incomes by tens of billions. And, more…

Net Zero’s Global Winner is — China! ‘US hasn’t noticed yet that China-Made cars are taking over the world’ – Poised to become No. 2 exporter of cars, surpassing US & S. Korea

Posted on June 15, 2023 by admin | 178 Comments

Spread the loveThe US hasn’t noticed yet that China-Made cars are taking over the world – China is poised to become the No. 2 exporter of passenger vehicles, surpassing the US and South Korea and risking new tensions with trading…

A Political and Economic “Doom Loop” is Underway in Germany

Posted on June 15, 2023 by admin | 254 Comments

Spread the loveThe Deindustrialization of Germany Will Cripple the EU for a Long Time. Germany has two major problems, an aging workforce and deindustrialization. The EU lags the US in AI, and in technology in general. The EU is fearful of…

New York City Prepares for Catastrophic Collapse of Commercial Real Estate

Posted on June 15, 2023 by admin | 152 Comments

Spread the loveNew York City’s office space utilization remains depressed, primarily due to the accelerated transition to remote or hybrid work for many office jobs. Given the significant influence that commercial real estate and the office market play on NYC’s…

The Truth Central June 14, 2023: The Trump Indictment: Weak and Embarrassing – A Deep Dive into the “Charges”

Posted on June 14, 2023 by admin | 235 Comments

The Biden Administration's prosecution of Donald Trump over de-classified documents brought to the Mar-A-Lago estate moves forward -- using the 1917 Espionage Act as its focus -- is weak and embarrassing at best out of the Department of Justice. The…

‘Catastrophic situation’: Federal Energy Regulatory Commissioner Christie warns America’s power grid is in big trouble – ‘Threatening our ability to keep the lights on’

Posted on June 14, 2023 by admin | 338 Comments

Spread the loveFERC Commissioner Christie: “The one issue I want to focus on today, I think is reliability, and I’m really afraid to say that I think the United States is heading for a very catastrophic situation in terms of…

Big May Shortfall Pushes 2023 Budget Deficit Well Over $1 Trillion

Posted on June 14, 2023 by admin | 2 Comments

Spread the loveThe US Treasury reported a surplus in April with an influx of tax payments, but there were ominous signs. Compared to April 2022, tax receipts were down 26.1%. That plunge in revenue pushed the April budget surplus down…

The IPCC Radical Climate Change Agenda Is a Neo-Marxist, Postmodern Value Narrative

Posted on June 13, 2023 by admin | 1,049 Comments

Spread the loveBy Jerome R. Corsi In combating the global warming (aka, climate change) movement, we fail to understand that the radical left today lives in a value-relative phenomenology shaped by a mixture of postmodernism blended with neo-Marxism. It misses…

Commercial Mortgage-Backed Securities Market Tanks as E-Commerce Causes Mall Meltdown

Posted on June 13, 2023 by admin | 233 Comments

Spread the loveBack in February 2021, we reported that Unibail-Rodamco-Westfield (URW), the largest property REIT in Europe, had announced that it would dump all its 27 Westfield malls in the US, of which 16 were in California, including the Westfield San Francisco…

Biden launches $192 million initiative to combat environmental impacts of renewable batteries

Posted on June 13, 2023 by admin | 2 Comments

Spread the loveBiden is pushing hard for EV’s at the expense of gas-powered cars. The Department of Energy (DOE) announced Monday it will invest $192 million dollars aimed at making lithium-ion batteries more recyclable as the Biden administration pushes to…

The Great Grift: How billions in COVID-19 relief aid was stolen or wasted

Posted on June 12, 2023 by admin | 240 Comments

Spread the loveFraudsters used the Social Security numbers of dead people and federal prisoners to get unemployment checks. Cheaters collected those benefits in multiple states. And federal loan applicants weren’t cross-checked against a Treasury Department database that would have raised…

The Truth Central Podcast June 12: Trump Polls Up After Indictment; Are Canadian Wildfires a Result of Eco-Terrorism?

Posted on June 12, 2023 by admin | 222 Comments

It was probably no surprise former President Donald Trump's indictment last week has resulted in a rise in both his polling and fundraising numbers. What does this mean for his election in 2024? Is this blatant election interference by the…

Hotel Owners Start to Write Off San Francisco as Business Nosedives

Posted on June 12, 2023 by admin | 334 Comments

Spread the loveSan Francisco’s once thriving hotel market is suffering its worst stretch in at least 15 years, pummeled by the same forces that have emptied out the city’s office towers and closed many retail stores. Hotel owners in New York…

Data, studies & UN IPCC all reveal Canadian fires not due to ‘climate change’ – ‘There has been a significant & continuing decline in the number of fires’

Posted on June 12, 2023 by admin | 342 Comments

Spread the loveBy Marc Marano, ClimateDepot.com Marc Morano statement: “The media and climate activists are again weaponizing wildfires and linking them to climate change. Wildfires, both globally and in Canada, have been declining significantly. Despite these facts, climate activists now…

Are the Canadian fires an act of eco-terrorism?

Posted on June 12, 2023 by admin | 114 Comments

Spread the loveBy Andrea Widburg, AmericanThinker.com With fires raging in Canada and blanketing America’s northeast in thick orange smoke, leftists are again beating the “climate change” drum. Saner minds point to Justin Trudeau’s refusal to practice good forest management. But…

Shocker: 96% of U.S. climate data is corrupted

Posted on June 12, 2023 by admin | 245 Comments

Spread the loveNationwide study follows up widespread corruption and heat biases found at NOAA stations in 2009, and the heat-bias distortion problem is even worse now ARLINGTON HEIGHTS, IL (July 27, 2022) – A 2022 study, Corrupted Climate Stations: The Official…

Work from home and empty offices leading to ‘doom loop’ for NYC: study

Posted on June 11, 2023 by admin | 345 Comments

Spread the loveEmpty office buildings have set New York on an “urban doom loop” that will destroy the quality of life in the city and drive residents out. That is the conclusion of a team of economists from NYU Stern Business School,…

New California Bill Would Prohibit Employees From Stopping Shoplifters

Posted on June 9, 2023 by admin | 230 Comments

Spread the loveA California bill to prohibit employees from confronting shoplifters or active shooters has passed the state Senate, in spite of opposition from retailers who say it would add to the state’s escalating retail theft problem. “With growing awareness…

The Truth Central Ep. 53: Here Come the Climate Lockdowns; Global Economic Growth Sinks

Posted on June 8, 2023 by admin | 857 Comments

It did not take long for many on the Left to scream "Climate Change and Global Warming" over the Canada Wildfires, despite even our northern neighbors saying otherwise. Reactionary New York City Mayor Eric Adams told his citizens to "mask…

Canada Natural Resources Says Canadian Fires Are NOT Caused by Global Warming/Climate Change

Posted on June 8, 2023 by admin | 224 Comments

Spread the loveThe Washington Post predictably published a story claiming “Unprecedented Canadian fires intensified by record heat, climate change.” According to Canada’s Department of Natural Resources, fires have been occurring for thousands of years in the boreal forests of eastern Canada…