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ECONOMY

One Thousand One Hundred Thirty Five Days

By Justin Hart 1,135 days. That’s the extant of time the United States has spent under a national emergency declaration. On Monday, the White House issued a single sentence press release noting that President Biden had signed into law House Joint Resolution 7 which ended the Covid pandemic emergency declaration first initiated by President Donald […]

The Marketing Geniuses At Budweiser Forgot One Cardinal Rule

By The Daily Caller ‘This Bud may not be for you.’ Anheuser-Busch InBev is the largest beer maker in the world, producing six of the top 10 beer brands by volume, and enjoying sales of well over $1 billion a year. Now, in a marketing debacle that will be studied and written about by MBA […]

A fresh look at the scandal of poverty in America, the world’s richest country

By MercatorNet – Navigating Modern Complexities Regardless of its shortcomings, Desmond deserves much credit for telling harsh truths about the lives of the least fortunate members of society. Poverty, by America By Matthew Desmond. Crown. 2023. 304 pages Published to much acclaim in March, Matthew Desmond’s Poverty, by America focuses on one of the most distinctive aspects […]

U.S. Corporations Cut Dividends And Employees While Dumping Billions Into Race-Hustling Groups

By Claremont Institute Center for the American Way of Life In tracking BLM contributions, we found many companies prioritizing ‘racial justice’ to the detriment of shareholders and employees. Most Americans will remember the first few years of the 2020s for the pandemic, the lockdowns, the layoffs, and the Black Lives Matter (BLM)-fueled riots. Shareholders will […]

Screw Budweiser Beer — Here are the 21 Best Beers You Can Buy Online

By Matthys van Raalten I can imagine that you don’t want to drink Budweiser any longer. Their apology is fake. May I suggest to you Dutch beer as an alternative? Heineken is the best, and Grolsch is also damn tasty! 100 meters from my home in Amsterdam you can find this windmill (click here to view a picture). Inside […]

Stealing Your Wealth

By Bruce Bialosky We pretty much all agree that the government needs some funding to operate essential functions. We have agreed on fees for services, property taxes, and income taxes. We may not agree on the amount of tax, but we generally accept that taxes can be levied. That does not seem good enough for […]

‘Increasingly Under Siege’: How Interventionist Foreign Policy And A Rising China Threaten The Dollar’s Dominance

By John Hugh Demastri A series of recent moves by the U.S. and foreign actors is increasingly calling into question the dollar’s long-term status as the world’s reserve currency, a situation that could reduce America’s influence on the global stage, economists told the Daily Caller News Foundation. China has long attempted to challenge the dollar’s […]

Pro-Growth Policies Have Americans Flocking To These States

By Dr. Rich Swier As Americans continue to pay more for groceries and gas, most have little appetite for higher taxes. That didn’t stop President Joe Biden from recently pushing a $4.7 trillion federal tax increase in his new budget proposal, targeting American businesses, families, and energy producers. The tone-deaf call for federal tax hikes comes amid […]

Anheuser-Busch Loses $5 Billion Since Announcing Sponsorship of Trans Influencer

By The Geller Report Earlier this month, Bud Light announced it be partnering with transgender TikTok-er Dylan Mulvaney. Bud Light and its parent company Anheuser-Busch ‘celebrated’ Mulvaney’s “365 Days of Girlhood,” createdghfj Mulvaney custom-made cans featuring the influencer’s face. Mulvaney said the cans were her “most prized possession” on Instagram with a post featuring “#budlightpartner.” […]

Biden Torched for Cracking Down on Gas Cars, Mandating Buying Electric Vehicles: ‘Biden’s Newest Power Grab’

By The Geller Report The Biden Democrat regime doesn’t give a damn about the environment. Hell, they blew up the Nord Stream in what is the greatest man made environmental disaster in history. Now he’s blowing up American strength – the American economy. The Biden regime (John Kerry) wants to mandate the purchase of electric […]

The “Extraordinary Measures” that the Government Uses in the Debt-Ceiling Farce to Delay a Default

By Wolf Richter The government can manipulate the gross national debt to keep it below the debt ceiling while issuing new debt. But not for long. Then the game is over. Periodically, we get to watch our favorite farce, played out in Washington DC in front of a bedazzled world, a product of true creative […]

Woke AI Means the End of a Free Internet

By Jihad Watch Giving up freedom of thought for convenience. Big Tech has a great big dream of destroying the internet. And it’s mostly a reality. The vision of the internet was an open universe while Big Tech’s vision is the internet reduced to the feed on a few proprietary apps preloaded on your locked […]

Buyer’s Remorse? Bud Light Goes Quiet, Hasn’t Posted on Social Media Since Making Dylan Mulvaney Its Spokestrans

By Jihad Watch Cat got your tongue, Bud Light? The giant beer corporation has been silent for over a week, ever since it came to light that pretend woman Dylan Mulvaney was the pretend beer’s new spokesman. Since then, silence. Gee, Bud Light, aren’t you proud of your front guy? Bud Light operates one of […]

Gold Near All Time Highs

By Neland Nobel In early January 2021, we authored a brief article on gold. In that article, we suggested some reasons we thought would be positive for the price of gold.  Since it has now been more than two years, it may be worth revisiting the subject and updating readers of The Prickly Pear on the […]

European Author Explains the Massive Disconnect between Young and Old Americans on Capitalism

By Foundation for Economic Education (FEE) FEE recently sat down with German author Rainer Zitelmann to discuss his latest book, the global financial crisis, and the future of capitalism. The great writer Henry Hazlitt once observed that the path to prosperity is achieved through production, and the best way to achieve production is to maximize […]

How Artificial Intelligence Could Destroy Human Civilization

By MERCOLA Take Control of Your Health The Dangers of Artificial General Intelligence  Analysis by Dr. Joseph Mercola STORY AT-A-GLANCE OpenAI’s ChatGPT is the most rapidly adopted tech platform in history, acquiring more than 1 million users in the first five days. Less than two months after its public release, it had more than 100 million […]

Don’t Let the Headlines Fool You about a Tiny Month-to-Month Uptick in Pending Home Sales

By Wolf Richter Still -21% from a Year Ago, -25% from 2 & 3 Years Ago. Have a Look at the Chart. Spring selling season volume lowest since Housing Bust 1. So you read in the headlines today that pending home sales rose “unexpectedly” for the third month in a row, and that’s another sign […]

VIDEO: Banking Crisis Has Now Gone Global

By Royal A. Brown III Good video below and very likely all true. The reasons for the banking crisis and bailout will result in massive inflation but our American dollar will be devalued so we won’t be able to buy as much with it. One of my son’s collogues is a very experienced Financial Consultant […]

Disney’s Quiet Plan for Revenge Unleashes a DeSantis Firestorm

By Family Research Council In the feud between Disney and Florida Governor Ron DeSantis (R), one thing’s clear: tempers haven’t cooled. The two sides, who’ve been at odds since the company openly attacked parents’ rights in education, are back at each other’s throats now that CEO Bob Iger secretly undermined the state’s plans to have a seat […]

India, Malaysia Move Off Dollar to Settle Trade in Indian Rupee

By The Geller Report More consequences from the Biden Administration’s disastrous economic policies.  Under Biden’s anti-American policies, de-dollarization is cascading across the world.However, the economic repercussions that de-dollarization represents for the United States is only part of the story. If the U.S dollar loses it’s status as the world’s reserve currency, the United States will […]

FDR’s Other ‘Day of Infamy’: When the U.S. Government Seized All Citizens’ Gold

By Foundation for Economic Education (FEE) Ninety years ago, Franklin Roosevelt told Americans they had less than a month to hand over their gold or face up to ten years in prison. December 7, 1941 will forever be remembered as, in the words of Franklin Delano Roosevelt, “a date that will live in infamy.” Another […]

Japan Breaks With U.S. Allies, Buys Russian Oil, the Ruble Doubles and Russia has a Trade Surplus!

By The Geller Report Russia’s economy and currency are stronger than before the war. U.S. sanctions did not work. Biden said our war against Russia would weaken it when it fact, it’s done the opposite. It has crippled us. Tucker Carlson: “It’s scary… They told us sanctions would cripple the Russian economy… well, this summer the Russian ruble […]

Sustainable Development: ESG and Social Credit Scores

By Capital Research Center Sustainable Development, Agenda 2030, and the Great Reset (full series) Sustainability | Origins | ESG and Social Credit Scores Bad Economics | Maurice Strong | UN History ESG and Social Credit Scores The “sustainability” concept was introduced to the investing world in 2006 with the UN publication “Principles for Responsible Investing” (PRI), which advocated investments that incorporated environmental, social, […]

DUMPING THE DOLLAR: BRIC Countries Are Developing a New Currency, State Duma Deputy Chair

By The Geller Report BRIC is a grouping acronym referring to the developing countries of Brazil, Russia, India, and China, which are identified as rising economic powers. Very little coverage from the corrupt American media over this development. President Trump needs to to make the Biden Administration’s appeasement of China the number one issue of […]

Fed In The Red: Federal Reserve System Capital Has Gone Negative

By The Geller Report Fed is bankrupt, in the red, keeps spending. Recalling the famous line of Everett Dirksen — about how a billion here and a billion there starts to add up to real money — we are talking about serious losses. By: Alex Pollack, NY Sun, March 31, 202316:00:27 pm The Federal Reserve’s […]

Stocks Remained Resilient in the First Quarter

By Neland Nobel Now it was not a great quarter, but considering the banking failures and interest rate hikes, equities were remarkably resilient.  The gain of 7% or so in the broad market average was welcome.  The tech-laden NASDAQ was up 17%.  Recall the broad average was down 19% last year. Gold was up about […]

Is the Fed Trying to Bail Out the World? Sure Looks Like It

By Kristoffer Mousten Hansen The collapse of Swiss banking giant Credit Suisse recently was a catastrophe long in the making. A quick perusal of the bank’s financial statements from recent years shows that we’re dealing with something analogous to a classic bank run. Credit Suisse’s pool of liquid assets declined more than 50 percent from […]

Testimony: BioTech Admits Gate’s GMO Factory Food IS a Gene Therapy

By Amil Imani Now the truth comes out. Please read this column about GMO foods and Bill Gates. Renz Missouri House Testimony – BioTech Admits Gate’s GMO Factory Food IS a Gene Therapy This has been a monumental week for the truth and freedom movement in our ongoing war against the WEF/CCP/Gates Foundation/etc. Here are […]

Money and Inflation Are Still Related

By Gerald P. Dwyer There is perhaps no empirical regularity among economic phenomena that is based on so much evidence, for so wide a range of circumstances,” Milton Friedman observed in 1989, “as the connection between substantial changes in the quantity of money and in the level of prices.” And yet, despite the wide body […]

Another Country Dumps Dollar, Tells Citizens To Get Rid Of Holdings Of U.S. Dollar and Switch to Yuan

By The Geller Report The dollar as the main world currency is our pillar of strength and power. Look what Biden and The Democrats did to us. Kenya President Tells Citizens To Get Rid Of Holdings Of US Dollar, As Nations Dump The Dollar And Begin To Embrace Petroyuan “I am giving you free advice […]