American consumers spent more money in the first quarter of 2017. Real consumer spending rose 1.1 percent, up from the forecast of 0.6 percent. Analysts say that this will help contribute to overall economic growth and January-to-March numbers by roughly one percent. So, what exactly did Americans buy at the beginning of the year? Here […]
Archives for June 2017
Winning? What happens when the left, right shut down free speech?
One of the reasons why Democrats and the left have lost governing power in the United States is because reasonable Americans are disturbed by the regressive trends occurring, everywhere from college campuses to riots on the streets. For the last decade, the right has defended free speech, vilifying the special snowflakes attempting to quash open […]
Will the Bank of Canada raise interest rates?
By: Caleb McMillan Is the Bank of Canada going to raise its overnight benchmark rate? Since rising interest rates are decreed by the central bank, the real scarcity of capital in which major financial institutions can borrow and lend out overnight amongst themselves is unknown. Disconnected from any real savings, we expect the Bank of […]
LOL: Janet Yellen doesn’t think an economic collapse will occur in ‘our lifetimes’
Today’s economic environment is an interesting one: there are several bubbles in the market, public and private debt levels are sitting at all-time highs and central banks worldwide have immense balance sheets. Suffice to say, when the next economic collapse occurs, it’ll be ugly. But one central bank head doesn’t think another financial crisis will […]
Poll: Hillary Clinton’s post-election unfavorability remains high
Despite failing to win an election that was destined to be hers, former Secretary of State Hillary Clinton has continually appeared in the public eye with a fake smile and comparing herself to Wonder Woman. In recent months, Clinton has come out of the woods, but it seems like the public doesn’t want her to, […]