By: Stefan Gleason Americans appear to be growing more concerned about the skyrocketing national debt level – officially $28.1 trillion and counting. The Peter G. Peterson Foundation’s monthly Fiscal Confidence Index recently shed five points, dropping to a level of 47, in the wake of the Biden Administration’s latest $2 trillion stimulus package. That $2 […]
Money
Peter Thiel: U.S. should crackdown on bitcoin, warns of Chinese weapon to threaten dollar
Is it time to rein in cryptocurrency? Peter Thiel is considered to be an avid supporter of bitcoin and cryptocurrencies. But he also thinks it could be hurting the United States. In fact, he believes it could be a Chinese weapon. Thiel said during an appearance at a virtual event held for members of the […]
INFLATION ALERT: Food prices surging worldwide amid post-coronavirus recovery
By: Andrew Moran The talk of the town these days is inflation. Treasury yields are flying higher than Cheech and Chong. The main worry for institutional investors today is higher prices, as the Federal Reserve admits that inflation is on the horizon. This was inevitable after a year of trillions of dollars in money-printing and historically low interest […]
Will the U.S. government ban home foreclosures for a year?
A ban on home foreclosures for a year? This is what the Consumer Financial Protection Bureau (CFPB) is proposing as millions of Americans have been left without an income due to government restrictions and lockdowns for more than a year. It is estimated that approximately three million homeowners are behind on their mortgages, and roughly […]
Goodbye toilet paper shortage, hello higher toiler paper prices
A year ago, the Western world was facing a toilet paper crisis. A year later, the global economy could face toilet paper inflation. Kimberly-Clark, the maker of Scott toilet paper, announced that it would be raising prices for various consumer products in North America, from toilet paper to paper towels to cereal to diapers. As […]