Amazon is the biggest company in the United States, and its stock reflects that, topping $1,000 recently. But with the Federal Reserve beginning to raise interest rates and moderate its money supply growth, is the tech behemoth on the cusp of cratering? David Stockman, former Reagan budget director and bestselling author of “The Great Deformation,” […]
Archives for August 2017
‘Socialist Paradise’ Venezuela: 5 things you need to know about its inflationary crisis
If you want to see socialism unfold in front of your eyes in real-time then all you need to do is follow the events in Venezuela. Described as a “socialist paradise” by many on the left for years, Venezuela has metastasized into hell on earth, which was every socialist country eventually becomes. The people are […]
Awkward: CNN’s Wolf Blitzer scolds Gloria Berger on sources
First the Iraq War, then the 2016 election, then FBI director James Comey and now Reince Priebus. CNN gets it wrong time and time again, and viewers are beginning to realize the trend. This is why left-right news networks like MSNBC and Fox News are at the top of the cable news ratings. Case in […]
Alan Greenspan: U.S. will suffer from ‘stagflation not seen since the 1970s’
Perhaps former Federal Reserve Chairman Alan Greenspan wants to regain some credibility or maybe he is trying to correct his past sins. Whatever the case, Greenspan is sounding a lot saner than when he was leading the United States central bank. Speaking in an interview with Bloomberg News, Greenspan warned about soaring inflation and a […]