ECONOMICS

What was the core purpose of Bidenomics?  Was it just a meaningless slogan so the Biden Administration could pretend they had an economic plan?  Or, was there actual substance to the concept?  One might say that there was indeed a purpose to Bidenomics, but it was not to solve the ongoing stagflation crisis.  Rather, Bidenomics was a plan to hide or deny the symptoms of the crisis and misinform the American public on the country's fiscal health.

One method which Biden used (more…)

By Simon Watkins of OilPrice.com

With the U.S.’s current primary Middle East focus being on trying to deter a widening of the Israel-Hamas War, China and Russia have been busy cementing their influence elsewhere in the region, most recently in Iraq. This remains a key target for Beijing and Moscow to expand their presence for three main reasons. First, it could easily become the world’s top producer of crude oil within a relatively short time if the endemic corruption in its (more…)

Real estate brokerages such as Zillow, RedFin, ReMex and others tumbled after a federal jury found the National Association of Realtors and large residential brokerages such as HomeServices of America and Keller Williams, liable for about $1.8 billion in damages after determining they conspired to keep commissions for home sales artificially high.

Under antitrust rules, the presiding judge could triple the damages verdict, which would total more than $5 billion. The plaintiffs also have (more…)