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News & Articles By Arsenio Toledo
06/14/2022
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By Arsenio Toledo
US household wealth drops for first time since Q1 2020
American household wealth has declined for the first time in two years during the first quarter of 2022. This is according to a report from the Federal Reserve released on June 9. The report shows that household net worth declined by about half a trillion to $149.3 trillion during the first quarter, down from a […]
06/14/2022
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By Arsenio Toledo
America is already hurtling toward a recession, warns economic analyst
An expert economic analyst believes the U.S. is already in the process of entering a recession. Peter Atwater, a former hedge fund manager and an adjunct professor at the College of William & Mary in Virginia, predicted in a recent interview with financial services company Wealthion that a large amount of mal-invested capital will be wiped out […]
04/17/2022
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By Arsenio Toledo
Biden’s inability to control inflation makes him “worse than Jimmy Carter,” says Home Depot co-founder
Billionaire businessman and Home Depot co-founder Ken Langone has branded President Joe Biden a failure because of his inability to control rising inflation. In an an appearance on “Your World with Neil Cavuto” on Fox News, Langone said Biden is “worse than Jimmy Carter.” “This was a real serious case of inflation. We lost a whole year on addressing the […]
03/20/2022
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By Arsenio Toledo
Saudis consider using yuan over dollar in oil sales; move could signal collapse of petrodollar and the American economy
The status of the American dollar as the world’s most influential and most powerful currency is coming to an end, as Saudi Arabia’s move to allow the use of the yuan for Chinese oil sales is widely seen as a signal that the petrodollar is weakening. In an article for the Wall Street Journal, journalists Summer […]
01/27/2022
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By Arsenio Toledo
The next stock market crash is already on its way, and America could lose $35 trillion in the collapse
Financial experts, including some who accurately predicted previous crashes, see the current tumult in the stock market as a sign of a coming massive crash, the likes of which history has never seen before and could result in America losing $35 trillion in wealth. One of the people predicting the coming crash is author and economic analyst […]
11/11/2021
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By Arsenio Toledo
American household debt reaches record high of $15 trillion
Household debt in the United States has hit a record high, passing $15 trillion for the first time in history. According to a report published on Tuesday, Nov. 9, by the Federal Reserve, total household debt for the third quarter of 2021 increased by a whopping $286 billion to a new total of $15.24 trillion. […]
11/11/2021
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By Arsenio Toledo
BIDENFLATION: Wholesale prices in September and October rise to record highs
The new wholesale inflation numbers from September and October prove that the rapid rise in the cost of everyday goods is not “transitory,” contradicting what President Joe Biden has repeatedly claimed. In September, inflation at the wholesale level rose by 8.6 percent compared to the same month last year. “Excluding volatile food and energy prices, wholesale inflation […]
11/04/2021
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By Arsenio Toledo
Federal Reserve expected to raise interest rates earlier than expected due to rapid inflation
Banks and financial experts are predicting that the Federal Reserve will raise its rates earlier due to persistent inflation. In one of the Fed’s latest statements regarding raising interest rates, Chairman Jerome Powell said the central bank will not raise rates just yet because the country’s employment rate is still too low. Powell believes the country’s current period […]
11/03/2021
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By Arsenio Toledo
Global supply chain crisis slows down UK’s manufacturing output growth
Disruptions in the global supply chain have slowed down manufacturing output in the United Kingdom. This drastic loss in momentum is threatening the country’s post-Wuhan coronavirus (COVID-19) lockdown economic recovery. The main factors affecting manufacturing output are the shortages in both supplies and labor. Market information company IHS Markit said that many companies across the U.K. […]
11/01/2021
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By Arsenio Toledo
Over 100,000 workers are currently on strike and could collapse the economy, but Biden is doing nothing to reactivate productive members of society
More than 100,000 American workers are currently on strike – a culmination of nearly two years of labor unrest that started when the government forcibly shut down entire industries in early 2020. But instead of helping resolve the labor disputes and keep the economy from crashing, President Joe Biden is standing on the sidelines. Since the Wuhan coronavirus (COVID-19) pandemic lockdowns […]
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