Category Archives: painful
The U.S. Trade War With China Officially Goes To The Next Level As Financial Markets Around The World Continue To Implode
Facebook Twitter Reddit Email Up until now, the U.S. trade war with China has simply been a bunch of threats and counter-threats, but now things are about to get very real. On Friday, the first round of U.S. tariffs on Chinese goods becomes official, and these tariffs are going to fundamentally alter the economic relationship […]
Why America’s Trade War With China Will Be Absolutely Crippling For The U.S. Economy
Facebook Twitter Reddit Email Can the global financial system handle a full-blown trade war between the two largest economies on the entire planet? We have never seen anything like this happen in the modern age, and this is creating a tremendous amount of uncertainty for the financial markets. Yes, something had to be done, and […]
Russia Warns Of ‘Precise And Painful’ Response To Any Future US Sanctions
Russia is continuing to warn the West of further attacks against Russia. Whether it be in the form of missiles or sanctions, the former Soviet Union doesn’t seem like they wish to play “war games” any longer. The United States this month added several Russian firms and officials to a sanctions blacklist in response to […]
Would This Have Happened Under President Hillary? Holiday Retail Sales Soar Compare To Last Year
We are nearly a year into Donald Trump’s presidency, and the economic numbers continue to look quite good. On Monday, we learned that U.S. retail sales during the holiday season are projected to be way up compared to 2016. Yes, there are all sorts of economic red flags popping up all over the place, and […]
41 Million Americans Are Living In Poverty This Christmas
Even though the stock market continues to set new record high after new record high, poverty is exploding all over America. It is being reported that 41 million people are living in poverty at this moment, and 9 million of them do not receive a single penny of income from anyone. Once you have been […]
As America Gives Thanks, Homelessness Continues To Set New Records In Major Cities All Over The Nation
If the economy is doing just fine, then why is homelessness at levels not seen “since the Great Depression” in major cities all over the country? If the U.S. economy was actually in good shape, we would expect that the number of people that are homeless would be going down or at least stabilizing. Instead, […]
The Trade War Is Already Having A Huge Impact On The U.S. Economy
Facebook Twitter Reddit Email The trade war has barely just begun, and yet significant ripple effects are already being felt all across the U.S. economy. Once thriving businesses are on the verge of failure, workers are being laid off, and some sectors of the economy are witnessing enormous price hikes. Right now the mainstream media […]