Helping You Survive and Prosper in the Greater Depression
The BRICS' (Brazil, Russia, India, China, and South Africa) New Development Bank intends to issue its first rupee bond in October, the latest stage in the global de-dollarization campaign. Before the bloc's annual summit in Johannesburg, the NDB … [Continue reading] about BRICS bank plans to issue first rupee bond in October
In another signal that China and Saudi Arabia are trying to reduce their exposure to the U.S. economy, the two countries reduced their holdings of Treasury securities. In other words, Beijing and Riyadh decreased their holdings of U.S. government … [Continue reading] about China, Saudi Arabia cut U.S. government debt holdings in June: Treasury
The Federal Reserve's money-printing machines go brrrr ... again. In June, the money supply expanded for the second consecutive month, totaling about $200 billion. While the percentage change from a year ago has been in contraction since … [Continue reading] about Money supply unexpectedly grows again, Fed data show
MSNBC host Rachel Maddow sat down with Hillary "I Will Never Be President" Clinton. It was a strange interview because they were talking about election deniers. "If bad actors tell us falsely that every election is stolen and that the only way … [Continue reading] about WATCH: Rachel Maddow interviews Hillary Clinton about Trump indictment, ‘election deniers’
Tomorrow should be an interesting time. It could be the start of a renewed rise in the inflation rate. After 12 consecutive months of a slowdown in the growth of inflation, the American people could see a jump. According to the Federal … [Continue reading] about Tomorrow’s CPI data should see an expected jump; August inflation forecast to witness large increase