Category: Economy

ECONOMY: The Bidenomics Fiasco

⭐️ GypsySoul

President Biden has been bragging about what he claims are his administration’s historic economic achievements. “Bidenomics is working,” the president declared in remarks he delivered in Chicago on June 28, 2023. He claimed that “the pay for low-wage workers has grown at the fastest pace in two decades. And, folks, it’s no accident. It’s Bidenomics in action.”

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China Preparing To Flood The US Auto Market With Cheap Electric Vehicles

Chinese automakers are looking to flood the United States market with cheap Electric Vehicles (EVs) as President Joe Biden’s administration has made a rapid all-electric, green energy push without having first ensured domestic manufacturing capacity...

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Globalism: America For Sale

The US Dollar’s status as the sole transaction and reserve currency of the world gives America’s federal government unique privileges. International demand for dollars enables federal budget deficits. It also creates an incentive for trade deficits, because incoming investments effectively collateralize American currency. To perpetuate this multi-decade debt binge, America’s real estate and corporate assets are for sale to any foreign investor with surplus dollars…

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