Joe Rogan, the popular podcast host, warned last week that a shift to digital currency in the U.S. would mean the disappearance of freedom and privacy in the country and enable the government to control nearly every facet of life.
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ELECTROSMOG RUINING LIVES AND HEALTH?
For the sake of convenience, and marching along the siren song of technological progress, are we damaging our health, and our humanity?
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OIL PRICES CLIMB AS INFLATION SLOWS AND SUPPLIES TIGHTEN
World oil prices reached their highest in three months last week as inflation continued to slow in key nations and OPEC+ decided Friday to maintain its current production cut of one million barrels a day, begun in the spring, through September. As a result, the Saudi kingdom will produce about nine million barrels a day......
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HOME INSURANCE COSTS MORE BUT BUYS LESS COVERAGE
After losing money in five of the last six years, home insurers are raising premiums but offering less coverage for the price as they try to rebuild their profits, The Wall Street Journal reported.
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REMOTE WORK HAS DAMAGED U.S. PRODUCTIVITY, STUDIES SHOW
Employees working remotely are no more productive than they were when spending five days a week in the office and workers spending all their time at home are less productive than before the COVID War, according to several studies, The Wall Street Journal reported.
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SHARE BUYBACKS ARE OUT, CORPORATE REINVESTMENT IS IN
While the economic outlook was cloudy, corporations plowed their cash into buying their own shares to maintain share prices.
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WORRY SIGN: MAJOR INVESTORS HOLDING ON TO CASH
Asset managers are having a hard time persuading endowments, foundations, pension funds, and other large investors to stop sitting on their cash, according to the Financial Times.
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AMERICANS SINKING INTO DEBT
Americans have charged a record $1 trillion to credit cards and other forms of revolving debt, the Federal Reserve Bank of St. Louis announced last week.
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DEATH OF THE DOLLAR: FITCH’S DOWNGRADE THE BEGINNING OF THE END
After holding a AAA credit rating for decades—the highest possible—the U.S. saw its rating downgraded by Fitch Ratings to AA+, prompting a series of critical comments from government officials and other notable executives.
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FITCH DOWNGRADES U.S. CREDIT RATING DUE TO DEBT, PARALYZED GOVERNANCE
Fitch Ratings knocked down the U.S.’s credit rating from AAA to AA+ last week, citing the country’s ever-growing debt load and an “erosion of governance,” especially in fiscal management.