Auto insurance rates in the U.S. reportedly reached an all-time record high last year even as Americans’ real wages were falling. The elitist globalists in the Biden administration are (deliberately) making it too expensive for ordinary people to own cars. Real wages have been steadily falling under destructive Bidenomics. […]
A new year and more of the same grim news rolling in for the Greens running Germany. It’s all fahrvergnügies as far as the eye can see – nary a glimmer of hope. Happy New Year, Greens – looks like you pulled it off. Germany’s Days as an Industrial Superpower Are Coming to an End. […]
China’s troubled property market continues to get a lot of the headlines but China’s stock market is also in terrible shape right now. The total losses since 2021 are roughly $7 trillion dollars. While U.S. stocks have been soaring, Chinese shares have been on a seemingly interminable downward slide. China’s benchmark CSI 300 index is […]
Predicting Bitcoin price fluctuations isn’t my game, as it requires intensive studying of the market, the economy overall, impending regulations, the activity of “whales” (large investors who can induce massive price swings with trading), etc. After all, I’m not a member of Congress, and so don’t enjoy the perk […]
Bidenomics Strikes Again Source link
When are 335,000 new jobs not 335,000 new jobs? When Washington makes them up and the media dutifully report them with all due breathlessness. The headline is a joke, of course. When it comes to reporting about Bidenomics, the press always has plenty of both smoke and mirrors to go around, as you’re about […]
The news coming out of China’s economy continues to be a very mixed bag. Officially the country met its 5% growth target last year, but Evergrande is on the verge of liquidation, the stock market is down, foreign investment is down and the PMI numbers for January also show factory activity is still contracting. China’s […]
Argentina actually elected a libertarian president. Javier Milei campaigned with a chainsaw, promising to cut the size of government. Argentina’s leftists had so clogged the country’s economic arteries with regulations that what once was one of the world’s richest countries is now one of the poorest. Inflation is more than 200%. People save their whole […]
Treasury Secretary Janet Yellen has been a true accessory to the ongoing economic problems in this country, particularly with inflation, spending months touting the administration line rather than telling the truth to the American people. Yellen and Joe Biden repeatedly told the country that inflation would be “transitory” or that it was the fault […]
The media and Biden administration are trying to fool you with propaganda about economic growth. The reality is that the economy is in crisis and the only “growth” is government spending — that is, government debt. Did the fourth quarter Gross Domestic Product (GDP) 2023 report actually show wonderful […]
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