The west is in collapse partly due to the sanctions on Russia that have backfired. While Russia connects with China, Europe and US are left without needed grain and old, causing a crisis of economic proportions. By September of this year 2022 Russia will put its own sanctions on the West, no more oil for […]
By Abraham H. Miller Crime causes poverty, argued James Q. Wilson, probably America’s most celebrated criminologist. Like many observations that are counterintuitive or at variance with current wisdom, Wilson’s findings did not resonate with the mass public. How does crime cause poverty? Think about the current spathe of smash and grab large-scale retail thefts. Two of […]
By Milton Ezrati Though the populist tide seems to have ebbed, it will rise again, and soon. The problem that ignited populist sentiment in the first place, whether on the left or the right, remains: the country’s economic and financial system has failed much of the population and is rigged to the benefit of a government-business […]
The U.S. is slowly opening back up for business. But we’re far from coming out of this tunnel. About 20 million Americans remain unemployed compared to just six months ago. Despite this sobering number, we can take heart in a silver lining: The U.S. will recover, and it’ll recover before China, the place of origin […]
Chile’s overall economic freedom score of 76.8 made the South American nation’s economy the 15th-freest in the world in The Heritage Foundation’s 2020 Index of Economic Freedom. Although economic freedom in Chile declined under the last socialist government from 2013 through 2017, by 2018 the center-right administration of President Sebastian Pinera had put the economy […]
AMERICANS MUST NOW ACCEPT THE HARD, COLD REALITY THAT THE CORONAVIRUS OUTBREAK IS INTENTIONALLY BEING USED TO COLLAPSE THE U.S. ECONOMY by Geoffrey Grider for Now The End Begins The Cloward-Piven strategy is an 8-step plan designed in 1966 by hardcore anti-America Liberal Socialists Richard Cloward and Frances Fox Piven that called for overloading the U.S. public […]
by Andrew Bieszad In the words of the 1970s band Bachman-Turner Overdrive, “You ain’t seen nothin’ yet.” While the above phrase may be a song lyric, it is very relevant to the current situation with the economy, for as poverty increases and COVID-19 forces the economy closed, the chief economist for Moody’s has declared that a […]
What happens when you have an auto glut that simply won’t go away? What do you do with all of those unsold cars? It’s a question we first explored way back in 2014 in an article called “Where the World’s Unsold Cars Go to Die”. In that piece, we highlighted images from around the world of various […]
24-Hour Fitness is also considering bankruptcy … this according to CNBC Neiman Marcus, one of the largest retailers of its kind in America, has hit the mat and can’t get up in the wake of the coronavirus pandemic, and the chain is reportedly ready to file for bankruptcy. Neiman’s 43 stores all shut down during […]
U.S. retail sales fell at a record pace in March, with many retail categories seeing jaw-dropping declines. And economists are scrambling to find the right words to illustrate the rapid deterioration of the U.S. economy, as the world attempts to deal with the deadly coronavirus pandemic. On top of this, the Small Business Bailout Fund is expected […]
