The International Monetary Fund said on Wednesday it suspended Afghanistan’s access to IMF resources, including around $440 million in new monetary reserves, due to a lack of clarity over the country’s government after the Taliban
There are 44 container ships sitting off the coast of California that are unable to port and unload. This is a new record, eclipsing the previous record of 40 container ships back in February. These
Interestingly enough, the top 10 states leading the economic recovery are those controlled by Republican Governors, and primarily, they are red states. Most of these states re-opened much sooner than blue states. Hence, their strong
It’s safe to say, we are witnessing some of the worst catastrophes in American history, all at the same time. From the horrendous pullout in Afghanistan, to COVID-19, to the border crisis, to the economy,
We have all heard a lot about digital currencies over the last several years, a topic that continues to become more mainstream. Many of us have suspected, governments and central banks seek a digital currency
You’re going to love this one! The central bank of all central banks, that would be the Bank for International Settlements (BIS) is saying cryptocurrencies work against the public good… While they peddle their own!
We wonder why housing costs have soared? Not only is the Federal Reserve buying mortgage backed securities (home loans) which suppresses interest rates, we have Wall Street buying up houses as an investment. Blackstone Group
Universal Basic Income (UBI) is something we continue to hear about. Essentially, the Federal Governments COVID unemployment benefits are another form of UBI. Paying people to sit at home. This does not help the people,
Housing has been a big topic of late due to its unprecedented rise. A rise we can blame on the not-so-Federal Reserve for continuing to purchase $40 billion dollars worth of mortgage bonds every single
According to my crystal ball, 2020 was supposed to be the year the housing market started to nose dive. Needless to say, my crystal ball is in for some much needed repair. Then again, who
The G7 just ironed out the details around a global corporate minimum tax rate, now they are seeking to “build back better”. A slogan Biden, and the World Economic Forum have used to describe a
We have all seen these types of economic warnings for many years now. Yet, the economy has boomed on. This time around, the warning comes from Deutsche Bank. Their concern? Inflation! All due to the