Independent thinking for complex markets and current events
by David Haggith Shoppers are strongly complaining about how much they are struggling under inflation this Christmas season as they try to buy gifts. The Trump Administration, on the other hand, keeps insisting it is all a Democrat hoax, and conveniently, hasn’t gotten an actual inflation report out in months for us to see whether …
Authored by Charles Hugh-Smith via oftwominds, The top 0.1% will weather a recession just fine, but that will offer cold comfort to the other 130 million American households. It seems at least some households are realizing they need to rein in spending. This reality is obscured by statistics which distort the financial security of average households. …
by Pristine_Humor5895 Considering the scale, I don’t see how this wouldn’t impact the global economy. Are we looking at a GFC 2.0? Huge realtor files for bankruptcy with $335billion in unpaid bills after defaulting on debts BANKRUPTCY has been declared by a huge property developer run out of Eastern Asia. The Evergrande filed for …