Rickards: Welcome To 1984 Authored by James Rickards via DailyReckoning.com, I’ve been addressing the war on cash lately, and for good reason. While everyone’s attention is focused on the war in Ukraine, inflation and the Supreme Court, government plans to eliminate cash are accelerating. For example, central bank digital currencies (CBDCs) are coming even faster…
Oil Spikes Amid Rumor Of Texas Power Shock With oil slumping into a deep bear market, tumbling (briefly) below $100 yesterday and just shy of where it traded before the Ukraine war, the Biden administration is preemptively declaring victory: after all, between sliding oil prices, refineries finally working in lockstep and spreads collapsing, it’s no…
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The following article, BPR’s best cartoons: Waiting to reach the bottom, was first published on BizPac Review. Cartoons of the day: In case you missed this: Continue reading BPR’s best cartoons: Waiting to reach the bottom …
The following article, The View’s Joy Behar answers retirement rumors, was first published on BizPac Review. When the popular daytime gabfest “The View” opens its 26th season in September, the ladies at the table will be back with a vengeance after ringleader Joy […] Continue reading The View’s Joy Behar answers retirement rumors …
Initial claims for regular state unemployment insurance rose 4,000 for the week ending July 2nd, coming in at 235,000. The previous week’s 231,000 was unrevised from the initial tally (see first chart). By long-term historical comparison, initial claims remain very low. However, the four-week average rose for the twelfth time in the last thirteen weeks…
The same policymakers who wanted to shut down the American economy for an indefinite period to save just one person from dying with Covid refuse to shutter an increasingly dangerous and expensive government-supported monopoly, the National Railroad Passenger Corporation, better known as Amtrak. Instead of leading with substantive policy improvements, America’s leaders prefer to mislead…
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