It is deja vu all over again. Treasury Secretary Janet Yellen warned Congress that if lawmakers do not raise or suspend the federal debt limit as soon as possible, the United States could face a significant risk of default in August. Gee. Where have the American people heard this before? Oh, yeah: From every single […]
REPORT: John McAfee, facing extradition on tax evasion charges, dead in apparent suicide
Wow. This came out of nowhere. John McAfee, the antivirus software tycoon, reportedly committed suicide in a Spanish jail cell on Wednesday night. This comes after it was reported that he would be extradited to the United States to face federal charges on tax evasion. He was arrested in October and waited for his extradition. […]
WATCH: Joe Biden’s gaffes in Europe
Well, President Joe Biden is set to finish his European tour with a face-to-face meeting with Russian President Vladimir Putin. On his way to the summit, he made several gaffes during the NATO get-together and G7 meeting. Here is a compilation that you can add to the never-ending list of blunders:
The G7’s Reckless Commitment To Mounting Debt
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 […]
#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 […]