Severe Economic Desperation Rises Rapidly All Over America as Nearly Half the Nation Cuts Back Spending on Food
It is starting to look a lot like 2008. Extremely long lines are forming at food banks all over the ...
Saturday, February 22, 2025
Tag: Economy
Obliterating Benedict Biden’s Promise: “Inflation Reduction Act” Would Raise Taxes on EVERYONE Making $30K a Year or More
He might as well have said, "Read my lips: No new taxes." Joe Biden didn't claim he wouldn't raise taxes ...
Trump Warns Something Worse Than Recession Is Coming
Former President Donald Trump has warned that America’s economy is on track for a bigger disaster than a recession, with his remarks coming ...
Fed Rate Hike to Unleash AVALANCHE of Home Foreclosures and Market Drops While Still Doing Little to Halt Skyrocketing Inflation
Yesterday the Fed hiked the interbank lending rate by 75 basis points (0.75%), which will lead to retail loan rates ...
Oh Goody! Now We Get to Have Rampant Inflation and a Housing Collapse at the Same Time!
Under normal circumstances, this would never happen. Normally, you would never have raging inflation and a housing crash at the ...
New Single-Family Home Sales Fall for the Fifth Time in Six Months
Sales of new single-family homes declined in June, falling 8.1 percent to 590,000 at a seasonally-adjusted annual rate from a ...
14 Signs That the U.S. Economy Is Poised to Crash Really Hard During the Second Half of 2022
It looks like we are going to get official confirmation that a recession has already begun when the GDP number ...
Not so Modern Monetary Theory
What is valid about Modern Monetary Theory isn’t modern, and what is different about it is, and has always been, ...
The Federal Reserve Now Is between the Proverbial Rock and a Hard Place
The Federal Reserve has sabotaged the economy since 1913 with its socialistic interventions. Every single boom created via its artificial ...
Is the Fed Finally Serious About Inflation?
Until recently, the Federal Reserve wasn’t taking inflation seriously. Fed officials claimed to be serious about inflation. Fed Chair Jerome ...
