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Economy

When the economy slows down, layoffs inevitably happen.  We witnessed this on a very large scale in 2008 and 2009, and now it is happening again.  U.S. economic numbers are rapidly getting worse, and companies all across America don’t want to get caught with bloated payrolls as we plunge into a …

Nancy Pelosi knows exactly what she is doing.  She knows that going to Taiwan without China’s permission will create a major international incident, but she is doing it anyway.  It is being reported that Pelosi will arrive in Taiwan on Tuesday, spend the night in downtown Taipei on Tuesday night, …

It is starting to look a lot like 2008.  Extremely long lines are forming at food banks all over the country, job losses and layoffs are starting to spike, countless small businesses are right on the brink of going under, a housing crash that could be even worse than what we witnessed in 2008 has …

Pending Home Sales Fell 8.6% in June New home sales are recorded at signing. Existing home sales are reported at closing. Pending home sales in June is a leading indicator of the existing home sales reports for July and August. The National Association of REALTORS® reports Pending Home Sales Fell 8.6% …

Under normal circumstances, this would never happen.  Normally, you would never have raging inflation and a housing crash at the same time.  But thanks to the Federal Reserve that is precisely what we are now facing.  The Fed has created a colossal inflation monster which is going to be exceedingly difficult to …

How would you feel if your power bill went up by 50 percent this winter?  How about 100 percent?  Unfortunately, these kinds of price increases are already being announced.  The world was heading into a major energy crisis even before the war in Ukraine started, and now that conflict threatens …

It looks like we are going to get official confirmation that a recession has already begun when the GDP number for the second quarter comes out later this week.  But that isn’t what we should be focusing on.  Yes, things weren’t great during the first half of 2022, but they …

American investment banker and former public official who served as managing director of Dillon, Read & Co. and, during the Presidency of George H.W. Bush, as United States Assistant Secretary of Housing and Urban Development for Housing Catherine Austin Fitts has been encouraging people to use cash on a daily …

Prices of commodities have plunged from recent highs. Has inflation peaked? The Wall Street Journal reports There Are Signs Inflation May Have Peaked, but Can It Come Down Fast Enough? Activate Your Own Stem Cells & Reverse The Aging Process – Choose “Select & Save” OR Join, Brand Partner & Select …

Sky high diesel prices continue to impact the trucking and farming industry. Diesel-powered equipment helps farmers get their crops harvested and it help truckers get that food to the stores. With prices continually going up, we can expect a horrific increase in food prices in the coming months. Regular everyday …