ECONOMY








AS CARS GO ELECTRIC, CHINA BUILDS A BIG LEAD IN FACTORIES
BY: WILL LEROY ... Fueled with money from Wall Street and local officials, automakers plan to build eight million electric cars a year there, more than Europe and North America combined … continue reading



THE TRUTH BEHIND THE GREAT BACON SHORTAGE OF 2022
BY: JAN DUTKIEWICZ ... Panic over California’s pork reform exposes everything wrong with the meat industry. Americans love few things more than bacon. American media outlets love few things more than running stories about bacon shortages … continue reading



THE DEADLY TAX
BY: JACOB SILVERMAN ... The third of the “Four Horsemen of the Apocalypse” is usually known as “Scarcity.” It might also be called “Inflation.” Revelation 6:6 describes a situation during the seven years of tribulation. “A quart of wheat for a denarius, and three quarts of barley for a denarius.” … continue reading



THAT $5 UBER RIDE, $8 BURRITO, & THE BRUTAL COSTS OF “CHEAP”
BY: JACOB SILVERMAN ... Wage increases and other rising expenses are being “passed on” to the consumer, we’re told. But we’re looking in all the wrong places for the true costs of how we live … continue reading



WHAT HAPPENS IF THE WORLD STOPS SHOPPING?
BY: LLOYD ALTER ...Economists and central bankers around the world are forecasting a post-pandemic economic boom, predicting that pent-up demand, unspent savings, and government incentives will drive us to the stores in droves … continue reading



8 THINGS YOU NEED TO KNOW ABOUT THE DARK SIDE OF THE WORLD'S BIGGEST BANKS, AS REVEALED IN THE FINCEN FILES
BY: BUZZFEED ...These are the major findings after BuzzFeed News worked with more than 100 news organizations to unravel the secrets inside 2,100 confidential documents filed by banks across the globe. This week, BuzzFeed News told the world about the FinCEN Files, an investigation based on thousands of government documents … continue reading



THE 6 COMPANIES THAT OWN (ALMOST) ALL MEDIA [INFOGRAPHIC]
BY: WEBFX TEAM ... In modern America, it feels like you have an unlimited variety of entertainment and media options right at your fingertips. Television, film, and video game companies seem to come out of the woodwork in today’s … continue reading



ONE OF THE GREAT IRONIES: AS CHINA GROWS RICHER, IT IS GROWING FURTHER APART FROM THE US
BY: TOM CLIFFORD ... In calmer times, when there is less talk of trade disputes, tariffs, human rights abuses, it will be noted as one of history’s great ironies that as the economic gap between the United States and China narrowed the ideological chasm widened. The spiral in relations shows no sign of easing … continue reading



What "Capitalism" Really Means
BY: LUDWIG VON MISES ... Descriptive terms which people use are often quite misleading. In talking about modern captains of industry and leaders of big business, for instance, they call a man a "chocolate king" or a "cotton king" or an "automobile king." Their use of such terminology implies that they see practically no difference … continue reading



Decoding The Economic & Contagious ‘Enigma’ Of COVID-19
BY: ANDREA GALEOTTI & PAOLO SURICO ... British mathematician Alan Turing designed the curiously named Bombe machine during the early stages of World War II. A forerunner to the computer, the Bombe was able to rapidly intercept messages, quickly decode them, and thereby allow allied forces to react within hours rather than weeks … continue reading



It’s Really Bad” — Almost One-Third Of Small Businesses In NY, NJ Have Closed
BY: TYLER DURDEN ... Here comes the next recession as nearly one-third of small businesses in New York and New Jersey remain closed since the virus pandemic began earlier this year. The NYPost outlines small business data from Opportunity Insights and New Jersey Business & Industry Association paint a troubling outlook … continue reading



The Real Pandemic Gap Is Between the Comfortable and the Afflicted
BY: LIBBY WATSON ... Beneath society’s plutocratic layer, America is not as united in the face of crisis as we like to pretend. The stories from the front lines of this country’s abandonment of the poor in the middle of the coronavirus pandemic are not in short supply … continue reading



9 Ways that SOCIALISM Will Morally Bankrupt America
BY: THE HERITAGE FOUNDATION ... 1. Socialism is being marketed to young people as kind, selfless, and community-focused, 2. Many people are unaware of Socialism’s dismal record, and 3. Young people are not being taught America’s founding principles, so they are unprepared to combat the narratives they hear in their schools and colleges … continue reading



The ABCs of Trade: If It Can’t Be Made in America, It Should Be Made Anywhere But China
BY: ZACH MOTTL ... Tariffs are depriving Beijing of money it needs to expand brutal regime. The annual 2019 trade figures for the United States came out last week, heralding some encouraging news. America’s enormous international trade deficit actually declined slightly from 2018. This was the first decrease … continue reading



Locust Plague Up to 20 Times Worse
BY: ELIAS MARAT ... Locust swarms have already ravaged countries like South Sudan, Uganda, Tanzania, Ethiopia, Kenya and Somalia. East Africa is currently bracing itself for a plague of locusts that could be up to 20 times larger than the already historic swarms that blighted regional crops and spilled over into neighboring countries … continue reading



More Than 8-in-10 Americans Call Mass Migration a ‘Threat’ to U.S.
BY: JOHN BINDER ... More than eight-in-ten American adults call mass migration at least a “threat” to the United States, a survey finds. The latest Pew Research Center survey reveals that the overwhelming majority of Americans see the mass … continue reading



Coronavirus Lockdowns are Pushing Mass Transit Systems to the Brink and Low-Income Riders Will Pay the Price
BY: RAMYA VIJAYA ... Mass transit ridership in Los Angeles and elsewhere has plummeted during the crisis. Low-income Americans have borne the brunt of the coronavirus pandemic. They may all get left behind in the recovery. Steep declines in ridership during the crisis have pushed public transit systems across the U.S. … continue reading



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