It’s the same story from Joe Biden and Kamala Harris. They continue to laugh at their destruction of the US and blame Donald Trump all the way.
Why The Global Economy Is Unraveling Authored by Charles Hugh Smith via OfTwoMinds blog, Global supply chain logjams and global credit/financial crises aren’t bugs, they’re intrinsic features of Neoliberalism’s fully financialized global economy. To understand why the global economy is unraveling, we have to look past the headlines to the primary dynamic of globalization: Neoliberalism,
US Homebuilder Confidence Crashes To 13-Month Lows It appears that homebuilders are finally starting to awaken to the reality of their customers’ (homebuyers) collapse in confidence. NAHB Homebuilder Confidence crashed from 80 to 75 in August. That is a 13-month low (July 2020). The field of dreams narrative just imploded. Source: Bloomberg Under the hood,
Industrial production rose 0.9 percent in July, the ninth gain in the last ten months. The latest increase pushed total output closer to the February 2020 level. Over the past year, total industrial output is up 6.6 percent and is just 0.2 percent below February 2020 (see top of first chart). Manufacturing output – about
The following article, BPR’s top cartoons of the day: Meltdown, was first published on BizPac Review. Cartoon of the day: In case you missed this: Continue reading BPR’s top cartoons of the day: Meltdown …
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Shipping Container Freight Rate Inflation Slows, But… With international container shipping rates blowing out like never before amid chaos in Transpacific shipping due to massive port backlogs and production delays in China due to a resurgence of COVID-19, new data suggests the rate of increase in container shipping prices is slowing, according to Bloomberg. The five-week average increase
Afghanistan: We Never Learn Authored by Matt Taibbi via TK News, Secretary of State Anthony Blinken, when asked months ago about the possibility that there might be a “significant deterioration” of the security picture in Afghanistan once the United States withdrew its forces, said, “I don’t think it’s going to be something that happens from
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Brandon Rutherford was recently presented with a dilemma in an Ohio courtroom: get vaccinated or face incarceration. The 21-year-old was sentenced to two years probation for fentanyl possession by Judge Christopher Wagner of Hamilton County, Ohio on August 4, but his sentence came with a twist: he was ordered to get a COVID vaccine as