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Black Friday Shoppers Prepared to Take on Debt

Retailers are predicting a slight decline in Black Friday/Cyber Monday sales, an early indication of holiday-season spending and Q4 sales. Total sales in the US...

Australian Senator Banned for Burqa Protest

In the first image, you see an Australian MP wearing a burqa in Parliament to debate banning the burqa for women.In the second image, it’s me and my friend, two...

PRIVATE BLOG – Why Trump is Wrong on Interest Rates

PRIVATE BLOG – Why Trump is Wrong on Interest Rates Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn...

Happy Thanksgiving

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Potential Proxy War in Venezuela

No one blinked when Venezuela declared itself at war with the US. President Trump said he would not bother declaring a war against the drug cartels, opting to...

Will Powell Finish His Term?

Donald Trump sees the economy through the lens of a borrower. He does not understand the perspective of lenders, no less the central bank. Trump recently mocked...

Jobs and Rates – Down and Up

The Bureau of Labor Statistics will release its delayed jobs report on December 16, nearly a week after the Federal Open Market Committee meets to discuss rates....

Boris Johnson Urges Ukraine to Continue War

Trump’s proposal for peace in Ukraine has been met with an overwhelming condemnation from the world’s neocons. Former UK Prime Minister Boris Johnson reemerges...

29% of Low-Income American Households Live Paycheck-to-Paycheck

Around 29% of low-income American households are currently living paycheck to paycheck, according to a new study by the Bank of America Institute, up from 23.5% in...

It is Time to Replace Judiciary with AI

The American judiciary should just be shut down. It all depends on the political affiliation of the presiding judge. First of all, it is virtually IMPOSSIBLE to get...