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Economics

Is Powell Political?

@60minutes Fed chair says he worries about the national debt #nationaldebt #60minutes #federalreserve #debt ♬ original sound – 60 Minutes Donald Trump...

Canada’s Job Market – Where are the Jobs?

Unemployment in Canada ticked up by 0.2% in June to 6.4%, yet the economy lost 1,400 jobs. Around 1.4 million Canadians were looking for work as of June 2024, a...

June Jobs Report is WEAK

The June jobs report revealed better than anticipated results with 206,000 new jobs now added to the US economy. Is Bidenomics working? Absolutely not. The jobs...

Documentary: Unsustainable ‘The U.N. Agenda For World Domination’

While there has been a new Documentary floating around that insists everything is a conspiracy from chemtrails to the UN, the danger with such extreme positions is...

America’s Consumer Economy is Dying – Weak May Retail

America’s robust consumer economy helped it emerge as a global powerhouse. Nations once stood in line, eager to sell to America as our consumer economy composed...

Fed Holds Rates – What Tools Are Left?

The Federal Open Market Committee unsurprisingly voted to maintain rates at 5.25% to 5.5%. The numerous cuts others were anticipating are completely off the table,...

Why is Keynesian Economics Collapsing?

John Maynard Keynes in his 1936 book, ‘The General Theory of Employment, Interest and Money,” argued aggregate demand was too volatile to be stable and...

Central Bankers & Politicians – Its Time for a Change

COMMENT: It was great seeing you here in Europe. It was even more interesting to see how the central banks are starting to use the ECM rather than wait six to nine...

Credit Card Delinquencies Spike Among the “Rich”

  Inflation can be felt at every tax bracket. Federal Reserve Bank of Minneapolis President Neel Kashkari came out this week and said the public “viscerally...

Interest on US National Debt Hits New Record

Government spending has consequences. The US national debt has surpassed $34.6 trillion at the time of this writing and continues to grow every minute. America has...