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The common prediction that the Federal Reserve will cut rates as a response to an economic downturn due to high interest rates misses a significant global economic factor: the widespread collapse of major currencies, driven by governments’ heavy spending to …
by confoundedinterest17 In the time (dis)honored tradition of Haruhiko Kuroda, the former governor of the Bank of Japan, Japan likely conducted its second currency intervention this week, current account figures from the central bank suggest, in another sign of the government’s intensified …
The average age of conscription now is 43 in Ukraine which means many are much older than that. They all have that look of knowing they are going to their death in a pointless war for Western interests. This war …
When banks and companies extend $1 trillion in credit card debt and struggle to collect, it has far-reaching consequences. It leads to substantial financial losses, impacting profitability and lending capacity. Shareholders and investors witness a decline in the value of …
Retired federal judge J. Michael Luttig said Wednesday on “CNN This Morning” that “American democracy” was in grave peril because there is no Republican Party. Anchor Poppy Harlow asked, “Judge, you told our colleague after the latest indictment came down …