But at some point this whole collapse is going to accelerate it's going to be like going straight down on a roller coaster and a lot of people aren't wearing their seat belts and they're going to fly off this roller coaster I hope everybody's having a great weekend i just came across this article on the hedge about an ...
Read moreDetailsMan there has been so many things that have gone on uh this week i wanted to bring uh carol roth on she is the author of the war on small business she is a former investment banker uh and she speaks the language of the common man and she cares more about main street Than wall street she's here ...
Read moreDetailsRedistribution destroys the economy without changing the distribution of income the poor are going to get a lot poorer because of these policies and income growth is going to be a lot lower the rich are going to get poorer and the poor are going to get poorer but The poor are going to get poorer a lot faster than ...
Read moreDetailsYou might have heard of something called the g7 summit this is where the world's leading countries with advanced economies come together to talk about nothing short of how to rule the world canada france italy germany japan the uk and the us you can think of this club as Sort of like the cool kids club where all the ...
Read moreDetailsCalifornia-based First Republic Bank becomes the third U.S Bank this week rescued from collapse the confusion of 30 billion dollars to save the troubled lender came from 11 of the nation's largest financial institutions Bank of America City JPMorgan Wells Fargo all contributing five billion dollars of deposits each Goldman and Morgan Stanley Each depositing two and a half billion ...
Read moreDetailsDid you know that during the pandemic Americans were tipping more generously than before and perhaps you did it too part of it was due to human compassion during the difficult times while it all led to tip filation but then with Rising inflation Americans started to feel their wallets getting Tighter and now Consumers have reached the Tipping Point ...
Read moreDetails♪ ♪ >> Tucker: GOOD EVENING AND WELCOME TO "TUCKER CARLSON TONIGHT." YOU THINK YOU'VE GOT A TOUGH JOB? IMAGINE BEING JOE BIDEN'S HANDLERS. HE SPENT ALL DAY TRY TO KEEP THE GUY AWAY FROM HOT MIKE'S. THAT'S NOT EASY. BIDEN FEELS ABOUT MICROPHONES THE WAY GOLDEN RETRIEVER'S FEEL ABOUT CASSEROLES GREATLY ONE ON THE LOW TABLE AND HE POUNCES ...
Read moreDetailsWe must protect the position of the American dollar as a pillar of monetary stability around the world the dollar the last known superpower of the US is coming to an end today US Dollars represent about 60 percent of the value of all the currencies in the entire world but that trend is also Changing the dollar looks like ...
Read moreDetailsHey VV Nation Welcome to our Channel my name is Glenn Tompkins senior instructor here at VectorVest always love bringing these videos to your attention folks this is a big story that's out there on social media everywhere talking about the declining dollar and I'm going to give some insight on what's going on and Then at the end tell ...
Read moreDetailsCurrently there is a high concentration of short positions in both silver and gold however the strong physical demand for silver is likely to surpass these positions which poses a significant risk the prices of silver will have to increase considerably similar to the trend observed with Palladium the example of Palladium serves as Evidence of how this situation will ...
Read moreDetailsChina is doing everything it can to mask just how bad its economy truly is from investors, but when the cat’s out of the bag, it’s going to backfire, big time. Welcome to China Uncensored, I’m Chris Chappell. The Chinese economy is in a freefall. And the Communist Party is desperate to cover it up. They’re doing some pretty tricky ...
Read moreDetailsNow there was a time where you could go to the bank and you could redeem 35 for 35 ounces of gold and this was done so that banks didn't get too powerful because the idea was that banks would only be able to lend what they had on Hand but without a commodity like gold backing the dollar this ...
Read moreDetailsThe New York Federal Reserve Bank said more Americans had their credit applications rejected last month at levels not seen in years. The New York Fed reported on July 16 added that fewer people across the country also sought to borrow. The report was part of the bank’s monthly Survey of Consumer Expectations, which is taken every four months to assess credit access ...
Read moreDetailsCommentary The job of Reserve Bank of Australia’s (RBA) governor might be one to dodge at the moment, but having waited 38 years for the opportunity I guess new Governor Michele Bullock was not going to say no. There are a lot of challenges sitting in her in-tray from day one, including expansionary federal and state government policy; increasing red ...
Read moreDetailsCommentary With a recession likely hitting California, now is the worst time for the Legislature to pass bills costly to state businesses. But that’s just what’s happening. Here are four of the worst bills currently on the 2023 Job Killer List of the California Chamber of Commerce. Senate Bill 399 is by Sen. Aisha Wahab (D-Hayward). From the summary of ...
Read moreDetailsTreasury Secretary Janet Yellen said that a U.S. recession is still “not completely off the table” in the near future, but she claimed the country is on the right path in bringing down decades-high inflation. “It’s not completely off the table,” Ms. Yellen told CBS News’ “Face the Nation” on Sunday about a possible recession after the Department of Labor’s ...
Read moreDetailsCommentary Estimates of U.S. growth have improved, but remain massively below the Federal Reserve’s projections. After the largest monetary and fiscal stimulus in recent years, growth remains well below trend and debt is significantly higher. It is interesting to hear Treasury Secretary Janet Yellen say that “trickle-down economics did not work,” when in reality this is the failed trickle down: ...
Read moreDetailsCommentary Debate continues as to whether recession still lies ahead. The yield curve has pointed to an 80 percent chance of recession. But, when comparing today’s situation with the comparable U.S. real GDP contraction in 2008, its timing forecast has low accuracy. As the original literature documented, the yield curve only predicts a yes-no outcome (of recession) rather than the ...
Read moreDetailsCommentary Ben Bernanke, former head of the Federal Reserve from 2006 to 2014, has co-authored a paper with Olivier Blanchard of the Peterson Institute for International Economics, that seeks to account for inflation rates that have knocked at least 15 cents off the value of the 2020 dollar. Reading the paper for me was a trip back in time when ...
Read moreDetailsA key aide to President Joe Biden said Sunday that American business leaders’ chief concern is not inflation or recession but the looming threat of a “catastrophic” government debt default. Lael Brainard, director of the White House National Economic Council, told CBS’ “Face the Nation” on Sunday that the country’s top business leaders have told her that their biggest concern is ...
Read moreDetails
© 2024 Truly Right View
