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Why Keynesians Got Inflation And Growth Wrong | ZeroHedge

Authored by Daniel Lacalle,

Inflation is not soaring, and economic growth is solid…

The Tariff Tantrum has proven that consensus was wrong about soaring inflation and an economic slump. Why? The exaggerated perception of tariffs’ economic impact stemmed from the belief that American consumers would bear the full burden of tariffs. Why were they wrong?

The first reason was that most analyses relied on a simplistic calculation of tariffs, treating supply chains (more…)

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ZH At The White House: Epstein, Clinton Body Count & Proxy Wars | ZeroHedge

ZeroHedge White House correspondent Liam Cosgrove was in the "new media" seat during Monday's press briefing, where he asked several questions related to the Jeffrey Epstein case, the 'Clinton body count,' and whether the US will continue funding proxy wars overseas.

Proxy Wars

We then asked about the US funding proxy wars overseas.

"The president has made several moves towards peace in multiple fronts; India-Pakistan, with the Houthis, talking (more…)

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Guess Who Democrats Blame For The Mexican Pirate Ship Smashing Into Brooklyn Bridge… | ZeroHedge

Authored by Steve Watson via Modernity.news,

As we highlighted yesterday, a bizarre accident caused a Mexican Naval vessel to hit the underside of the Brooklyn Bridge while crowds looked on from a pier and traffic drove overhead on the bridge.

Scores of Mexican naval cadets were standing on the masts and rigging of the Cuauhtémoc training ship, as part of a ceremonial tradition during the ship’s departure from New York Harbor.

On tall ships like the Cuauhtémoc, it is (more…)

Continue ReadingGuess Who Democrats Blame For The Mexican Pirate Ship Smashing Into Brooklyn Bridge… | ZeroHedge