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Economy

If you think that inflation is bad now, just wait until we get into early next year.  As you will see below, some of the biggest corporations in the entire country have just announced major price increases which will take effect during the first few months of 2022.  So if …

The era of cheap meat is over.  For those that are carnivores, that is really bad news.  For decades, Americans have been able to count on the fact that there would always be mountains of very inexpensive meat at the local grocery store, but now those days are gone and …

I think that they actually believed that they could get away with it. I think that they were actually convinced that they could create, borrow and spend trillions upon trillions of dollars without any serious long-term consequences. But they should have known better. The people running things are very highly …

It turns out that all of the “doom and gloomers” that were warning that we would eventually experience nightmarish inflation were right after all.  In particular, vehicle prices have become exceedingly painful in recent months.  Due to a crippling global shortage of computer chips, production of new vehicles is way …

We are being told that we are in the midst of the worst worker shortage in the history of the United States, but the numbers that we are being given by the federal government suggest that there should be no shortage of workers.  As I will detail in this article, …

Even in the best of years we struggle to feed everyone in the world, and the last two years have definitely not been the best of years.  Global weather patterns have gone completely nuts, major natural disasters are happening with alarming frequency, and the COVID pandemic has played havoc with …

If you haven’t been paying attention, you will want to start watching the price of oil again.  Just before the financial crisis of 2008, the price of oil briefly shot up to 140 dollars a barrel, and experts agree that a very high price for oil would definitely unsettle financial …

Our leaders have been creating, borrowing and spending dollars at a pace that is far beyond anything that we have ever seen before in U.S. history, and yet they would have us believe that the terrible inflation that they have created is just “temporary”.  They must think that we are …

Food is about to become a lot more expensive.  Of course food prices always rise, but Americans are about to be really shocked by how aggressively they are going to increase in the months ahead.  It is really just a matter of basic economics.  Thanks to the most epic supply chain …

We are just coming out of “the COVID recession”, and now we are being told that another recession could be just around the corner.  Thanks to overly harsh pandemic restrictions, widespread shortages and millions of workers that appear to have disappeared from the system somehow, economic activity is slowing down …