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Economy

“…Wharton professor sees $34 trillion debt triggering 2025 meltdown as mortgage rates spike above 7%: ‘It could derail the next administration’”

“…Gomes predicts America’s $34 trillion debt burden may upset the world’s financial markets as early as next year—should a president-elect announce a raft of expensive policies. And remember the UK’s mortgage meltdown following a disastrous premiership under Prime Minister Liz… Continue Reading…

Economy, Energy

Attack On Energy Sector: “Biden administration pauses new liquified natural gas development”

“…LNG is an important fuel source, particularly in Europe. Much of the gas comes from the Texas oil fields. It’s piped to terminals along the Gulf Coast, where it’s liquified and loaded into large ships. Late last week, however, the Biden… Continue Reading…

Business

“The Week In Cannabis: Earnings Madness, Illinois Legalization, FDA Hearing, And More”

“In a week that can only be described as eventful, Illinois lawmakers passed a bill to legalize adult-use cannabis – which now only needs the governor’s signature; the FDA held a public hearing on the regulation of products containing CBD; and a federal appeals court re-opened a case against the… Continue Reading…