The U.S. services economy is much stronger now that consumers have satiated their appetite for goods during the COVID War.
Author: admin
Post
BINGO: U.S. HITS NEW RECORD TRADE DEFICIT IN 2022
Yes, the U.S. economy is doing great!
Inflation still high, wage growth sagging, and a country that was once called the Land of Opportunity has diminished to a country in which just 11 percent of its Gross Domestic Product comes from goods they manufacture.
Post
RUSSIANS CATCH GOLD FEVER
Demand for gold bars and coins in Russia last year shot up 400 percent, a greater increase than in any other country, after it invaded Ukraine and Western sanctions battered Russia’s economy.
Post
EVENTS CONVERGE TO PRESSURE FED TO RATES STILL HIGHER
U.S. interest rates are likely to rise higher than markets have predicted, U.S. Federal Reserve chair Jerome Powell said in a 7 February comment at a meeting of the Economic Club of Washington, his first statement since the Fed raised its key rate by a quarter point the week before.
Post
ZELENSKY SAID HE REFUSED TO HONOR MINSK PEACE ACCORD WITH RUSSIA
Ukrainian President Volodymyr Zelensky said in an interview last week that he informed the key players in the 2019 Minsk II Agreements—then-German Chancellor Angela Merkel, French President Emmanuel Macron—that the deal was essentially a “concession” and he would not abide by its guidelines.
Post
BLOWING UP IN THEIR FACES: MASKS DON’T WORK IN PREVENTING COVID SPREAD
For about two years, face masks became a part of life in much of the world.
Post
GOVERNMENT-SANCTIONED CENSORSHIP: EX-TWITTER EXECUTIVES TRY TO BULLSHIT THEIR WAY OUT OF CULPABILITY
Former Twitter executives appeared in front of the House Oversight Committee last week to discuss the company’s decision to block the damning New York Post report about Hunter Biden’s laptop just before the presidential election—thus protecting Joe Biden from increased scrutiny about his son’s business dealings and drug use.
Post
AS AMERICANS KEEP BLIMPING UP, JUNK FOOD SALES SURGE
Fast food chains are seeing big profits as Americans keep lowering their eating standard as inflation rises and it costs more to live.
Post
EUROPE IS FACED WITH MASSIVE PROTEST MOVEMENT WHILE STOKING WWIII THAT WILL LEAD TO AN ECONOMIC CALAMITY FOR THE WORKING CLASS
Capitals across Europe have been hit with protests over the cost of living and how the comfortable middle-class lifestyle millions have grown accustomed to is slowly eroding with persistently high inflation and the push for WWIII by EU leaders.
Post
SRI LANKA RATTLED BY PROTESTS OVER MONETARY TIGHTENING, TAX INCREASES
Sri Lankans took to the streets in protest last week over austerity measures and tax hikes put forth by the International Monetary Fund as a precondition for a bailout loan.