Search Result for “US economy”

How much longer will the Biden administration and the mainstream media continue to deny that we are in the midst of a very painful economic downturn?  Debt levels have never been higher, delinquency rates are spiking, the commercial real estate market is crashing, the banking industry is mired in turmoil …
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The latest numbers are horrible, and they are going to get even worse if the Federal Reserve pushes interest rates even higher.  We were warned that high rates would have an enormous negative impact on the economy, and that is precisely what has happened.  Layoffs are way up so far …
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Do you remember what happened in 2008?  Many people believe that another historic financial disaster is coming and that it will absolutely devastate the U.S. economy.  Earlier this week, I wrote about an investor named Michael Burry that has actually bet 1.6 billion dollars that the stock market is going to …
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With the BRICS announcement soon to come of a new currency backed by gold, it’s only a matter of time before the US Dollar is dead and our economy tanks completely.  So, what is it that is keeping this abominable economy afloat?   Glad you asked. Paul Frijters, Gigi Foster and …
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While speaking at Berkshire’s annual general meeting in Omaha, Nebraska, Warren Buffett, the billionaire investor, said he expects earnings at the majority of the conglomerate’s operations to fall this year as the coming economic downturn slows corporate activity further. During the last six months or so, the “incredible period” for …
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According to Joe Biden and the pundits in the mainstream media, the U.S. economy is in great shape and much better times are just around the corner.  In fact, CNN is actually scolding those of us that are warning that economic conditions are rapidly deteriorating.  A CNN article entitled “It’s time …
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The tech industry has become one of the central pillars of our economy, and tech stocks led the way up during the stock market boom.  But now tech stocks have been crashing and many of our biggest tech industry companies have been laying off large numbers of workers.  If the …
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The road ahead certainly does not look promising.  For much of 2022, there has been a lot of debate about whether or not the U.S. economy is in a recession, is headed for a recession, or is about to turn in a positive direction.  Unfortunately, virtually all of the numbers …
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They are trying really hard to convince all of us that everything is just fine.  But close to one-fifth of the U.S. population is skipping meals because food prices are too high.  And nearly 40 percent of our small businesses couldn’t pay rent in October.  Our leaders are trying to …
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Things haven’t looked this bad for the U.S. economy since 2008.  We are in the midst of the worst inflation crisis in decades, the housing market has started to collapse, some of the largest companies in America have begun laying off workers, and economic activity is slowing down all around us.  …
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