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Pasta Prices Soar 20% in Italy – The Return of the Pasta Cartel?

(image above represents shrinkflation — an additional burden to consumers) Italy’s Industry Minister Adolfo Urso called for an emergency meeting to discuss the sharp uptick in food prices. Pasta alone is up nearly 20%, and this is a major problem in a country where 60% of residents report eating this item daily. Some provinces are […]

Market Talk – May 15, 2023

ASIA: India’s annual wholesale price index (WPI) fell for the first time in nearly three years in April, as prices softened across the board. WPI fell by 0.92% from the same month a year earlier, having risen 1.34% in March. The data compared with a Reuters poll that predicted a fall of 0.20%. In April, […]

Biden Administration: “Birthing Persons” or “Unpaid Caregivers” are Bad for the Economy

Happy early Mother’s Day to the women in charge with shaping our society. The vital role of a mother, arguably the most important responsibility one can take on, has been dismissed in recent years as society changes drastically. The woke agenda feels that the word “mother” is offensive and wants to replace the term with […]

Was Bill Gates using Epstein to Blackmail People?

    I have said before, Epstein was really creating a sophisticated operation for blackmail. Wall Street used Elliot Spritzer to take down AIG head Hank Greenberg because he refused to allow AIG to issue guarantees for Goldman Sachs’ mortgage-backed securities. They used Elliot Spitzer as the DA of NY to remove Hank Greenberg from […]

Market Talk – May 1, 2023

ASIA: China Gold Association said that China’s gold production recovered to pre-pandemic level as demand for gold and jewelry jumped during the first quarter of this year. As COVID-19 impacts waned, the gold output of domestic mines operated by big gold enterprises reached around 32.72 tonnes in Q1, accounting for nearly half of the country’s […]

REMINDER: Inflation was at 1.4% When Biden Took Office

Inflation was only 1.4% when Biden took office. He began implementing policies on his first day that directly created the energy crisis in the US. He refused to reopen the economy under the pretense of COVID for as long as possible, disrupting the supply chain and damaging small businesses. Biden has created multi-trillion dollar spending […]

Market Talk – April 25, 2023

  ASIA:   China’s economy grew by 4.5% YoY in the first quarter, supported by strong consumer spending and a large trade surplus. This may lead to an upgrade in growth forecast for 2023 from the current 5.7%. Consumption was the main contributor to the GDP growth, with retail sales growing at the fastest rate […]

Only 32% of Lenders Profited on Mortgages in 2022

The talking heads have been warning of a housing crash, but that is not what Socrates indicated. The 30-year fixed rate is around 6.89% at the time of this writing. Housing costs continue to rise, causing the costs of servicing mortgage debt to rise. Housing inventory is limited, and a recent report explains why we […]

Would You Welcome a Refugee into Your Home? 

@henryjamesbarrowclough♬ original sound – Henry James Barrowclough The refugee crisis has become a problem across the European Union. According to the UN Refugee Agency, over 72,000 people applied for asylum in the UK alone, which is double the number of applicants from 2019. However, these are simply the documented cases. Germany received the highest number […]

The War in Ukraine – The Real Version

  Here is a CNN Report on the Ukrainian Civil War that the US instructed to launch in 2014 by the interim government the West installed with the Revolution. For all the Ukrainian Nazis and the brainwashed people who believe whatever the government tells them, take off your stupid mask, open your eyes, and accept […]