Category Archives: Economics

Economic policies, business, investing, saving, banking, currency

“Americans leave large cities for suburban areas and rural towns”

“A combination of the coronavirus pandemic, economic uncertainty, and social unrest is prompting waves of Americans to move from large cities and permanently relocate to more sparsely populated areas. The trend has been accelerated by technology and shifting attitudes that … Continue reading

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“Venezuela’s oil exports crash to 77-year low amid crushing US sanctions”

“Crude shipments from oil-rich Venezuela have hit new lows, tumbling in June to levels unseen since 1943. Caracas is struggling to reach buyers for its crude due to increasing US sanctions. Venezuelan state-owned oil company PDVSA carried around 379,000 barrels … Continue reading

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“Background checks, a metric for gun sales, hit all-time high”

“Historic numbers of background checks to purchase or possess a firearm were done in June, a trend in a year marked by uncertainty over the coronavirus pandemic, a subsequent economic recession, protests over racial injustice and calls to reduce police … Continue reading

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“Cryptocurrency is dying as young speculators shift to Robinhood and zero-cost trading”

“Once the darling of daring young investors looking to get into trading on the cheap, cryptocurrency hasn’t really recovered since the 2018 crash. Now, these same investors seem to have found something new to put their money into – Robinhood. With … Continue reading

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“Facebook Sees Growing Ad Boycott in Protest Against Handling of Speech”

“Ford Motor Co., Clorox Co. and Denny’s Corp. are joining a parade of companies that have moved to halt advertising spending on Facebook Inc., citing how the social-media giant has handled speech on its platforms…” https://www.wsj.com/articles/clorox-to-halt-facebook-ads-through-year-end-joining-advertiser-push-on-content-11593459934 Facebook is a sinking … Continue reading

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“…millions of taxpayers awaiting IRS refunds”

“Millions of American taxpayers are still waiting for the IRS to process their federal income tax return — and waiting to receive their refunds, according to a new report from National Taxpayer Advocate Erin Collins. Collins said in a report to Congress … Continue reading

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MASSIVE FRAUD “Wirecard crisis deepens as company claims missing billions may not exist”

“German payments provider Wirecard has said there is a likelihood that the €1.9 billion ($2.13 billion) missing from its accounts simply does not exist. This comes after the company’s CEO resigned last week over fraud suspicions. The scandal-hit firm also … Continue reading

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NATIONAL SECURITY AT RISK: “Judge Rules American Companies Can Be Sued for Preferring U.S. Workers”

“According to Judge Williams, American companies can now be sued for preferring to hire U.S. workers…” https://cnsnews.com/commentary/john-miano/judge-rules-american-companies-can-be-sued-preferring-us-workers American companies are suppose to give Americans preference. The judge is involved in treason and this is an attack on America’s economy. TL;DR this is … Continue reading

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“The oil and gas industry faces a $1.8 trillion loss in 2020”

“Oil and gas exploration and production companies are set to be the hardest hit of any sector in 2020, with Fitch Ratings estimating a $1.8 trillion loss by the end of the year. “The critical and expensive nature of oil … Continue reading

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SURPRISE! “‘Bitcoin is a very likely candidate for a world reserve currency…”

https://www.rt.com/business/491507-bitcoin-world-reserve-currency/ The title is self explanatory and the link is above. I’ve said this before. No digital world currency = NO WORLD GOVERNMENT. At this point I’m leaning towards becoming anti-bitcoin. Blockchain technology is really good though. Man, sometimes I … Continue reading

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