In a recent report by Bloomberg, an alarming trend has surfaced: American workers are increasingly tapping into their retirement savings to cope with immediate financial pressures.
This year's surge in gold acquisitions by central banks has been a remarkable 34% increase compared to the previous year, propelling their holdings beyond the pre-Nixon era levels—a significant milestone given the historical context.
As uncertainty looms over the global economy, the Federal Reserve faces a daunting challenge with its $8 trillion balance sheet, a repository of assets that could potentially strangle credit, skyrocket mortgage rates, and hasten an economic recession.
In the grand scheme of history, we've only just begun to unravel our civilization. I'd date the start to the Progressive era a century ago, when totalitarian socialism gained the upper hand by making a devil's bargain with liberal democracy: give us control and we will let you sit on the throne.
The recent figures emerging from the labor market are sounding alarms that a recession may be closer than previously anticipated, as job market indicators, once considered robust, begin to falter.
A recent poll indicates a grim outlook on economic prospects and political fairness, with a majority of Americans doubting the viability of the American Dream.
The road to hyperinflation is paved with government spending bills passed by feckless politicians who refused to take the hard medicine.
In a recent report by Bloomberg, an alarming trend has surfaced: American workers are increasingly tapping into their retirement savings to cope with immediate financial pressures.
This year's surge in gold acquisitions by central banks has been a remarkable 34% increase compared to the previous year, propelling their holdings beyond the pre-Nixon era levels—a significant milestone given the historical context.
As uncertainty looms over the global economy, the Federal Reserve faces a daunting challenge with its $8 trillion balance sheet, a repository of assets that could potentially strangle credit, skyrocket mortgage rates, and hasten an economic recession.
In the grand scheme of history, we've only just begun to unravel our civilization. I'd date the start to the Progressive era a century ago, when totalitarian socialism gained the upper hand by making a devil's bargain with liberal democracy: give us control and we will let you sit on the throne.
The recent figures emerging from the labor market are sounding alarms that a recession may be closer than previously anticipated, as job market indicators, once considered robust, begin to falter.
A recent poll indicates a grim outlook on economic prospects and political fairness, with a majority of Americans doubting the viability of the American Dream.
The road to hyperinflation is paved with government spending bills passed by feckless politicians who refused to take the hard medicine.
Hard times are coming, but it's beautiful on the other side.
In short, the productive economy was whipsawed during the boom-bust, and now in the recession it's starved.
The inflation-is-prosperity fallacy has been internalized by the ruling class.
