Archive for 2020
Nine States Headed For Recession In Six-Months, Most Since Financial Crisis
President Trump’s core campaign promise was to “Make America Great Again,” through a revival of the manufacturing complex via launching a trade war against China and debt-fueled tax cuts for corporations. Most of the recovery, well, it was a sugar high, that by the time late 2018 rolled around, economic growth rates started to reverse. Manufacturing…
Oil Prices Jump as the US, Iran Trade Blows
Experts believe that the market will self-correct as it did on multiple occasions in 2019 despite Mideast tensions US President Donald Trump’s decision to assassinate Quds Force commander Qasem Soleimani has sent shockwaves not only throughout the Middle East but also across global markets.The price of international benchmark Brent crude topped $70 per barrel on Monday, a…
Bernanke Hints At Negative Rates, “Purchases Of Private Securities” To Fight Next Recession
…We can’t rule out the possibility that, at some point in the next few years, our economy will slow, perhaps significantly. How would the Federal Reserve respond? What tools remain in the monetary toolbox? By Ben Bernanke First steps for easing policy …Given where we are today, how would the Fed respond to a hypothetical economic…
What Upstanding Citizens Believe Vs. What Crazy Conspiracy Theorists Believe
Authored by Caitlin Johnstone via Medium.com, Source Crazy, stupid conspiracy theorists believe a mature worldview requires skepticism toward power. Smart upstanding citizens believe the government is your friend, and the media are its helpers. Crazy, stupid conspiracy theorists believe that powerful people sometimes make immoral plans in secret. Smart upstanding citizens believe the TV always tells the…