Economy

Image for In Defense of Defaulting on the National Debt

In Defense of Defaulting on the National Debt

Conventional wisdom says a country should manage its debts, but what if debt has become uncontrollable?

19 hours ago By Joseph Solis-Mullen | Mises.org

Image for The Fed: Totally Just Winging It

The Fed: Totally Just Winging It

So, what’s the plan here? Well, by all indications, there isn’t one.

21 hours ago By Michael Maharrey | Schiff Gold

Biden’s Gas Money Giveaway Would Only Make Things Worse

If rising prices aren’t all “Putin’s fault,” who do we blame?

22 hours ago By Michael Maharrey | Schiff Gold

Commercial Real Estate Is On the Brink

Potential coming recession sending shockwaves through every industry

23 hours ago By Zero Hedge

  • Latest

Jun 19, 2022

Treasury Sec. Yellen Insists Recession NOT ‘Inevitable,’ Inflation ‘Likely To Come Down’

But Federal Reserve data from Q1 and Q2 show U.S. economy technically already in a recession.

Jun 14, 2022

Inflation-Deniers Finally Admitting They Were Wrong

Public was grossly misinformed on the dangers ahead

Jun 14, 2022

Disposable Income in UK to Drop to Lowest Since 1950s – Report

Experts say that high inflation would force Britons to spend less, causing a downturn in the economy

Jun 09, 2022

UN Warns of Global Food ‘Catastrophe’

Millions of people could go hungry if grain exports from Russia and Ukraine decline further, according to the United Nations

Jun 09, 2022

Gas Prices Force Cops to Ration Call Response – Reports

One Michigan police force has already asked its officers to handle “whatever calls are acceptable” by phone

Jun 08, 2022

World Bank Issues Grim Economic Forecast

The global economy is facing weak growth and high inflation, the report says

Jun 08, 2022

Are Today’s Homeownership Rates Sustainable?

Skyrocketing asset prices are great for hedge fund managers and Wall Street types, but they increasingly drive ordinary people into unsustainably large amounts of debt

Jun 08, 2022

Video: Dem Senator Says It ‘Doesn’t Matter How High Gas Prices Are’

What about the millions who can't afford to spend over 50 grand on an electric vehicle?

Jun 07, 2022

Respect the Fed? No, End the Fed

Instead of “respecting the Fed’s independence,” President Biden should work with Congress to audit, then end the Fed

Jun 07, 2022

Leading Unions Urge Biden Admin Not to Ease Tariffs on Chinese Goods

“Our government must act in the national interest to strengthen our economy for the future."

Jun 07, 2022

“Ticking Timebomb” as 500,000 UK Small Businesses Could Imminently Go Bust

No wonder the UK Misery index is soaring to the highest level since 1994.

Jun 06, 2022

Global Oil Price Jumps Amid Supply Fears

Crude hits $120 a barrel as Saudi Arabia hikes prices for Asia

Jun 06, 2022

Debt-Fueled Demand and Inflation Brings Airfares Roaring Back

Airfares may surge 40 percent or more in 2022. This could be the biggest price increase in many decades

Jun 06, 2022

ABC Poll: Biden “Badly Under Water On All Of The Top Issues”

"Biden is a serious drag on Democratic candidates nationwide"

Jun 06, 2022

Video: Transportation Secretary Claims Biden’s Actions Haven’t Contributed To Gas Price DOUBLING

"Pete Buttigieg is a disgrace. He's not even doing the bare minimum to fulfill his job requirements."

Jun 03, 2022

Debt-Fueled Demand and Oil Price Inflation Brings Airfares Roaring Back

The price increases come among news that jet fuel prices are up 116 percent year over year.

Jun 03, 2022

Jun 03, 2022

36% of Americans Making $250,000 Are Living Paycheck to Paycheck

Inflation is 'taking a bigger bite out of Americans' budgets at all ends of the pay spectrum.'

Jun 02, 2022

Don’t Be Fooled: The World’s Central Bankers Still Love Inflation

The Bank of England, the European Central Bank, the American Fed, and the Bank of Japan Are all talking a lot about inflation, but none are embracing any real departure from the past decade's ultra-low interest rate policies

Jun 02, 2022

Report: India Buying Up Cheap Sanctioned Russian Oil & Selling it to US/EU at Huge Profits

All while Americans and Europeans are being forced to pay record prices for gas as "the cost of standing up for freedom."

Jun 02, 2022

Biden Admits Underestimating Baby Formula Crisis

Claims he didn’t think the shutdown of one facility could cause shortages across the country

Jun 01, 2022

Biden’s Plan To Fight Inflation: Gaslight Americans That Economy Is Wonderful

Politico admits that Biden’s inflation pivot likely to come across as “tone-deaf” and a “hard sell."

Jun 01, 2022

Davos Man Is at It Again: The 2022 Annual Meeting of the World Economic Forum

Today, we have "Davos man," who is ready to plan your life for you—your wishes notwithstanding

Jun 01, 2022

Devastating Compilation Reveals Biden Admin Repeatedly LIED About Inflation Over Last Year

Biden admin now scrambling to clean up the economic mess they started ahead of the midterm elections in November.

Jun 01, 2022

College Students Go Remote Due to High Gas Prices

'When gas prices began to escalate, we know students and employees would be significantly impacted,' college spokesperson says

May 31, 2022

Eurozone Inflation Reaches Record 8.1% in May

Fallout from COVID policies hammering economies across globe

May 31, 2022

The Backstory of the Great Reset, or How to Destroy Classical Liberalism

The Great Reset usually is framed as the reestablishment of democratic social principles