Money
Tucker Carlson Tonight’ host exposes what caused inflation to hit a 39-year high
Watch Tucker Carlson from Fox News discuss the economics of inflation and how we Americans are getting poorer. “But there is one core economic fact that everybody, even those of us with poor math skills, grasps instantly, and that’s when we’re getting poorer. How do you know when you’re getting poor? You know you’re getting…
Read MoreChina Passes U.S as Wealthiest Nation in the World
According to a new report from McKinsey & Co, global wealth has skyrocketed over the last twenty years — soaring from $156 trillion in the year 2000 to $514 trillion in 2020. “We are now wealthier than we have ever been,” said Jan Mischke, a partner at the McKinsey Global Institute in Zurich. While the United…
Read MoreThe dollar will collapse under a ballooning US deficit and deglobalization, former Morgan Stanley Asia chairman says
Summary: The US dollar will almost certainly crash under the weight of unprecedented government debt and a reversal of decades-long globalization trends, Stephen Roach, former chairman at Morgan Stanley Asia, said Monday. The currency initially soared as investors piled into safe-haven assets at the start of the coronavirus pandemic. Yet the dollar has fallen under new pressures…
Read MoreThe stock market may get cut in half, but this ‘most undervalued’ asset is about to surge, billionaire investor says
Paul Singer, the hedge-fund billionaire behind Elliott Management, warned last month that the ultimate path of global stock markets is a drop of at least 50% from February highs. What’s an investor to do in the face of such a grim outlook? Load up on gold, perhaps. After all, according to a report this week from the Financial…
Read MoreThe stock market may get cut in half, but this ‘most undervalued’ asset is about to surge, billionaire investor says
Paul Singer, the hedge-fund billionaire behind Elliott Management, warned last month that the ultimate path of global stock markets is a drop of at least 50% from February highs. What’s an investor to do in the face of such a grim outlook? Load up on gold, perhaps. After all, according to a report this week from the Financial…
Read More