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It’s all in the numbers. The global economy is going down and as per our trend forecast, interest rates in the U.S. and EU will also be going down. Indeed, yesterday, Fed Head Jerome Powell said the Fed would lower interest rates even if inflation did not hit the made-up 2 percent target rate that the former Fed Head Ben Bernanke invented in 2012.
Saturday’s assassination attempt on Donald Trump is a direct symptom of the EXTREMELY rapid decay in the social, and moral fabric of what was once known as The United States of America.
Remember way back in…May, when the Biden administration was labeling actual videos of the President’s mental lapses as “deep fakes”?
The biggest U.S. banks are reporting their second-quarter earnings and investors and analysts are watching to see how the megabanks have weathered high interest rates and the continuing slide in the value of commercial real estate loans.
Once upon a time the United States of America was a constitutional republic that was by design constructed with checks and balances to limit corruption and constrain the ability of any branch of government to initiate certain potentially harmful actions, like going to war, which required approval by both Congress and the Executive Branch.
In a devastating 6-3 ruling in Trump v. United States that is equal parts politically short-sighted, self-servingly partisan, and utterly devoid of any pretense that the president is anything other than a dictator, the Supreme Court has validated what Richard Nixon once claimed: “When the president does it, that means that it is not illegal.”
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