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Banking, Economy

“6 new nations are set to join BRICS. As the G7’s political counterweight grows, is the dollar at risk to a new rival?”

August 25, 2023

“On the final day of the annual BRICS summit in Johannesburg on Thursday, leaders of the group announced Saudi Arabia, Iran, Egypt, Argentina, Ethiopia, and the United Arab Emirates (UAE) will join their ranks starting Jan. 1… But Gregory Daco,… Continue Reading…

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Economy

“Hawaii wildfires caused up to $6 billion in economic losses, Moody’s estimates”

August 23, 2023

“…The catastrophic wildfires in Maui, Hawaii, have caused between $4 billion and $6 billion in economic losses, according to an estimate by Moody’s RMS on Tuesday… The wildfires are the worst disaster in Hawaii state history. At least 115 people… Continue Reading…

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Economy

Say No To Mask Mandates and Returning government lockdowns.

August 19, 2023

Ok It seems like a problem is arising that will severely harm all of us. This must be stopped ahead of time. I’m going to make it my mission to make sure this garbage never happens again. Our country can’t… Continue Reading…

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Economy

“Should we wear masks again? Covid guidelines experts recommend”

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…

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Economy

“COVID masks are back as Canadian wildfires fill skies with smoke”

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…

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Economy

“Americans will run out of pandemic savings next month, Fed warns”

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…

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Economy

“Deflation could soon hit the US as real estate and stock prices are at risk of crashing, economist says”

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…

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Economy, Stocks

“China Stocks Drop as More Grim Economic Data Outweigh Stimulus Measures”

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…

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Economy

“China’s Economic Recovery Faces Risks From Property Crisis”

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…

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Economy

“China Market Turmoil Amps Up Pressure for Policymakers to Act”

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…

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