from Arcadia Economics:
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from RT:
The West has destroyed free global competition and the immunity of property, Russia’s foreign minister says
The US is using the dollar to unleash trade wars worldwide, while international economic cooperation is also being weaponized, Russia’s Foreign Minister Sergey Lavrov said on Monday.
The US and its allies in the EU are using a wide range of “geopolitical engineering” tools, which include, among other things “unleashing trade and economic wars,” Lavrov stated, speaking at the Primakov Readings International Forum.
from Infowars:
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by Michael Maharrey, Schiff Gold:
Inflation robs you of purchasing power by driving up the price of everything you buy. You see the impacts of inflation every time you go to the store. But sometimes inflation hits you in a more subtle way that’s difficult to see – through “shrinkflation.”
I experienced shrinkflation first-hand last weekend.
Inflation-driven rising prices don’t just hit consumers. In fact, they typically impact producers first. As the cost of materials, labor and equipment goes up, companies feel the pinch. Eventually, they pass those costs on to their customers.
by Jim Quinn, The Burning Platform:
“Interest on the federal debt is now so immense that it’s consuming 40% of all personal income taxes… If federal finances continue on their current path, we are only a few years from the entirety of income taxes being needed to finance the debt…”
The government collects $2.6 trillion of individual taxes at the point of a gun and threat of prison. Meanwhile they still operate at an annual deficit of $2 trillion. And this is before interest on the national debt starts to really skyrocket. Our Troll Secretary of the Treasury Yellen had the opportunity to lock in trillions of our national debt for 30 years at 2% rates, but purposely kept rolling it on a short-term basis.
by Jose Nino, Big League Politics:
The Biden regime has plans of importing roughly 65,000 H-2B foreign visa workers. Such an immigration influx will result in migrants taking blue-collar jobs from working class Americans. This comes at a time when millions of Americans are largely not participating in the workforce.
Late on November 3, 2023, the Department of Homeland Security (DHS) and Labor Department announced that they will let businesses import 65,000 additional H-2B foreign visa workers to gain employment in construction, meatpacking, landscaping, and other economic sectors.
JUST IN – Turkey's central bank raises interest rate by 5% to 40%, a bigger-than-expected hike.
— Disclose.tv (@disclosetv) November 23, 2023
by Kerry Lutz, Financial Survival Network:
John Rubino is back… Did inflation just reverse course? What’s the difference between disinflation and deflation? Are stocks right to like the Fed pause? How hard do things have to get for the Fed to start easing? Leading economic indicators down for the 19th straight month. Bitcoin is rocking. Will we finally get an EFT, and what will be the impact? Argentina just elected a libertarian. China and Saudi Arabia central banks sign local currency swap agreement. Read John’s latest ZeroHedge article here.