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Assuming CPI measurements are not understatements, the dollar's value has plummeted by a staggering one-fifth since 2020, yet, rather than acknowledging its role in fueling this economic turmoil, the Biden administration deflects...
China's Xi Meets With US CEOs, Including Blackstone's Schwarzman, In Bid To Restore Confidence
Arizona's city of Tucson may be only days away from a crisis as millions of dollars in federal funds, which had been used to finance programs to house and assist illegal immigrants, are set to expire on April 1, potentially leading to their release
What's the best way to survive a financial crisis with your wealth intact? The answer may surprise you.
A new military aid package from the Pentagon won't actually make it to Ukraine. According to a report by Politico, the $300 million has already been spent by the United States ruling class.
If America is heading in the right direction, why have so many of our major cities become cesspools of violence, drugs, theft, trash and homelessness? Once upon a time, millions of young people from all over America flocked to our rapidly growing me
This weekend's late-night spending vote in Congress seems like another in an endless series of sequels to a bad suspense movie.
Houses are not affordable. Despite all the best efforts of government to control the value of your property, they have continually failed. Prices continue to rise. The culprit? Realtors.
Private equity firms have been making significant inroads into the residential property market, a trend that has led to some shocking statistics.
$167,911,000,000 Added To US National Debt in 20 Days As Citadel CEO Warns Government Spending at 'Borderline Insanity'
Pawn Shop Inventories Are Exploding As The Failing U.S. Economy Hammers Those At The Bottom Of The Economic Food Chain
On March 2, 1901, a group of prominent American businessmen, including J.P. Morgan, Charles Schwab and Andrew Carnegie, came together to form the largest business enterprise the world had ever seen.
Last week I was contacted by Sputnik News to give some comments on "President" Biden's $7.3 trillion budget proposal. To be honest, having to read up on what was in the budget proposal was enough to ruin my day before it even began.
A partial US government shutdown was averted in the wee hours of Saturday morning as the Senate approved a $1.2 trillion spending package. The measure will now go to President Biden's desk later today.
In the wake of the Great Recession, a new breed of landlords has emerged: corporate investors.
Update (1150ET): With just hours to go before a shutdown, the House has passed the $1.2 trillion minibus bill, which will now head to the Senate.
"Moving to a 32-hour workweek with no loss of pay is not a radical idea," said Senator Sanders.
Democrats in New York City and their allies in leftist corporate media are keeping a massive migrant shelter hidden from the public, located at a previously operational airfield in southern Brooklyn.
It is long past the time that we face the fact that "Social Security" is facing a retirement crisis. In June 2022, we touched on this issue, discussing the stark realities confronting Social Security.
Fly Me To The Moon, Jay... Let Me Trade Among The Stars... Let Me See What Stonks Are Like On Jupiter And Mars
Existing home sales soared a stunning 9.5% MoM in February, smashing the expectation of a 1.3% decline and building on the 3.1% MoM in January. However, even with the big monthlyu jump, existing home sales remain down 3.3% YoY...
Sen. Elizabeth Warren (D-MA) on Tuesday reintroduced her 'Ultra-Millionaire' Tax Act, by which the government would confiscate 2% from households worth between $50 million and $1 billion, and 3% on households worth over $1 billion.
The Fed added Quantitative Easing (QE) to its monetary policy toolbox in 2008. At the time, the financial system was imploding.
Only 30% Of New Yorkers Are Happy With City's Quality Of Life, 50% Plan On Leaving Within Five Years
Consumers aren't the only ones defaulting on their debts: Corporate bond defaults were up massively in 2023, especially for high-risk junk debt, and the trend is continuing this year at a pace not seen since the 2008 global financial crisis.
Over the past several years, the cost of living has been rising significantly faster than paychecks have.
Host:
Ernest Hancock
John Sneisen (The Economic Truth) comes on the show to discuss economic and market conditions, precious metals, cryptos, CBDC's, WEF etc...
We get into Controlled opportunist and go hard in the paint on this one
As we approach the monetary easing by the Western Central Banks (as predicted by Mr Market), there are ominous signs contrary to the expectations of the central bankers.
