The recent US debacle in Yemen, where billions were wasted, civilians killed, and US military equipment destroyed, is just a taste of what the US would be in for if the neocons prevail.
The benefits of social cooperation extend internationally. We benefit from free trade with other nations. But in order to have free trade, we need peace.
Two days ago China announced it will give an additional $500 million to the World Health Organization over five years, to offset the expected loss of its top donor, the US.
We're all looking for stability that won’t be swept away by the next economic storm. Gold has always been a symbol of what endures. In a world that feels increasingly unstable, gold is more valuable than ever.
Moody’s is the last of the major credit rating agencies to keep U.S. debt at a AAA rating. Standard & Poor’s cut the U.S. rating and Fitch followed suit last year, citing “the expected fiscal deterioration over the next three years.”
We’ve known for years that the federal government is in a downward fiscal spiral.
The COVID pandemic changed the economy in ways we still don’t fully understand. Jim thinks it pushed us into a new inflation cycle, which was already underway before Trump started imposing tariffs.