August 19, 2023
“The uptick of Covid transmissions this summer has raised questions about whether or not certain safety measures such as wearing masks should be brought back…” https://www.independent.co.uk/life-style/covid-mask-guidelines-eris-variant-b2395530.html No! We should not. The Mask mandates and lock downs destroyed the economy. If… Continue Reading…
August 19, 2023
“Just when it seemed safe to unmask, some Canadians are donning the face coverings made ubiquitous during the coronavirus pandemic as a protection against hazardous smoky conditions as wildfires ravage much of the country. Canada is seeing its worst-ever start… Continue Reading…
August 18, 2023
“…Research by economists at the Federal Reserve Bank of San Francisco found Covid-related savings in the US had fallen to less than $190bn (£149bn) in June. This was down from $2.1 trillion at its peak in August 2021, which was… Continue Reading…
August 17, 2023
https://finance.yahoo.com/news/deflation-could-soon-hit-us-012106807.html I don’t care what the article says. I’ve already said deflation is more of a risk. Also I already said if the market crashes that would be prime time to buy stock. Save money for now and wait for… Continue Reading…
August 15, 2023
Chinese stocks continued to slide lower on Tuesday amid further signs that the world’s second-largest economy is in retreat. Not even substantial stimulus measures from China’s central bank have been enough to fully stem the bleeding in the stock market.… Continue Reading…
August 14, 2023
https://finance.yahoo.com/news/china-economic-recovery-faces-fresh-210000125.html This article seems like a white wash at best and badly written at worse so I’ll just do a quick recap instead of quoting the article. There’s multiple crisis hitting China all at once. The property crisis, weak investment… Continue Reading…
August 14, 2023
“Renewed concerns about the property sector, missed payments by one of the nation’s largest private wealth managers, unprecedented losses at China-focused hedge funds and the threat of deflation have all combined to deal a blow to investor sentiment. A gauge… Continue Reading…
August 14, 2023
“One of China’s largest private wealth managers has triggered fresh anxiety about the health of the country’s shadow banking industry after missing payments on multiple high-yield investment products. The turmoil at Zhongzhi Enterprise Group Co., a secretive financial conglomerate that… Continue Reading…
August 9, 2023
https://finance.yahoo.com/m/1f9b0a3e-858d-3724-bcb4-0dfe23a5d302/u-s-credit-card-balances.html This article is behind a pay wall but I want to comment on something. Now is the worst time ever to have bad debt. This is prime time to pay debt off. Keep some reserves. The biggest investment opportunity… Continue Reading…
August 8, 2023
“China said Tuesday that exports fell by 14.5% in July from a year ago, while imports dropped by 12.4% in U.S. dollar terms. That’s worse than what analysts had expected. A Reuters poll predicted a 12.5% decline in exports in… Continue Reading…
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