By: Daniel Lacalle Historically, meetings of the largest economies in the world have been essential to reach essential agreements that would incentivize prosperity and growth. This was not the case this time. The G7 meeting agreements were light on detailed economic decisions, except on the most damaging of them all. A minimum global corporate tax. Why […]
Archives for June 2021
#BREAKING: Federal Reserve leaves rates unchanged, raises inflation expectation to 3.4%
The Federal Reserve has done an about face on inflation. The U.S. central bank has gone from saying there will be no inflation to noting that it will be brief to estimating that it will top its target rate for the remainder of the year. Fed Chair Jerome Powell and Co. left its benchmark interest […]
LOL: Kamala Harris can’t stop laughing about the U.S.-Mexico border crisis
Vice President Kamala Harris is self-sabotaging her 2024 presidential hopes every time she speaks – or laughs. While she has been given a pass from the establishment press, it is clear that Harris is way over her head, whether it is election integrity or the border crisis. But what makes Harris even more obnoxious is […]
Is the Federal Reserve, White House trying to destroy the U.S. dollar?
By: Andrew Moran The Federal Reserve has ostensibly embraced the mantra of “records are made to be broken.” For the first time in its century-old history, the United States central bank’s balance sheet exceeded $8 trillion after more than a year of unprecedented and ultra-aggressive emergency measures to cushion the blow of the coronavirus-induced financial crisis. How […]
REPORT: 2.7% of Americans leaving their jobs in post-pandemic economy
Is the United States economy that good that Americans are quitting their jobs at record rates? Or perhaps the coronavirus pandemic realized that life is short and that it is time to enjoy our brief existence on this planet. Whatever the case, according to The Wall Street Journal, the share of U.S. workers leaving their […]