To revive the British economy and snatch it from the brink of recession, newly appointed Prime Minister Liz Truss’s new government proposed the sharpest tax cuts in 50 years and pledged to cap household utility bills. In August, inflation in the U.K. ran at almost 9.9 percent. The Bank of England has raised its key...
“Clean” Energy isn’t clean. The emissions and impacts on the environment of making EVs, wind turbines and solar panels and associated equipment is an enormous cost often hidden by tallies of the supposed benefits of these technologies. They can’t scale to provide equivalent amounts of energy as current systems, even with enormous expenditures and environmental......
Yes, the prognosis continues to look bleaker. The modern story of monetary manipulation by the government via the Fed, marked by spending increasingly unmoored from GDP, is known to TJ readers. The problem has fomented successive bubbles, from dot.com, to real estate, to derivatives. At the moment, the dollar itself is the bubble, as world...
No matter how divided Washington gets, as proven by its steady stream of wars across the globe since the end of WWII, the one thing U.S. politicians can agree on is military spending and funding proxy wars across the world. Congress on Wednesday passed a $1.5 trillion spending package that will include $13.6 billion for...
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