A lot can be said about what’s happening in the world and why the stock market is trending into a bear market within our bankrupt reality. As WWIII knocks on the front door and inflation robs every household budget, a deep recession is taking shape right around the...
Turkey’s economic meltdown was developing for a while without much coverage in the U.S. mainstream press, at least until Apple announced a shutdown of sales through its Turkish Website on Nov. 24. Apple was forced to halt sales after a historic 15% plunge in the...
There is a hot debate in the financial universe about the risk of runaway inflation taking hold in the U.S. The concern is appropriate, as unprecedented monetary policy is flowing out of the Federal Reserve and Capitol Hill has launched an unending parade of...
The Trump administration announced new sanctions against Venezuela’s state oil company PdVSA yesterday. The additional sanctions are no surprise, as the country quickly deteriorated after a fraudulent election secured Nicolas Maduro’s second presidential term. The new...
After years of crippling hyperinflation, Venezuela’s elderly pensioners have become dependent on the monthly bonuses handed out by the government through the carnet de la patria system. In fact, many of these senior pensioners have no other means of subsistence, and...