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News & Articles By Arsenio Toledo
09/13/2023
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By Arsenio Toledo
U.S. household income FELL in 2022 for the third straight year due to inflation and rising cost of living
The average household income of Americans fell in 2022 for the third straight year as the cost of living rose and their living standards continued to be eroded by unrelenting inflation. This is according to data from the Census Bureau released on Tuesday, Sept. 12, which saw that U.S. real median household income in 2022 fell by […]
09/08/2023
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By Arsenio Toledo
New York City to spend $4.7 BILLION this fiscal year dealing with illegal immigrants
New York City’s migrant crisis is expected to cost the city $4.7 billion this fiscal year. This is according to data released by the government of New York City, which was quick to point out that more than 110,000 so-called asylum seekers have arrived in the city since the spring of 2022, with over 10,000 […]
09/07/2023
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By Arsenio Toledo
Food shortages and inflation continue as “Bidenomics” SPECTACULARLY FAILS
More food shortages and price hikes are coming before the end of 2023, as President Joe Biden’s economic agenda, dubbed “Bidenomics,” once again puts too much pressure on inflation and food production. “The economy is in the dump, and no matter how many times the media or President Joe Biden tells us how great we are […]
09/06/2023
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By Arsenio Toledo
60% of recipients of Sweden’s unemployment benefits are IMMIGRANTS, and slightly under half are of non-European origin
New data unveiled by the government of Sweden showed that around 60 percent of recipients of unemployment benefits in the country were not born in Sweden – and slightly under half of those are “non-European immigrants.” At a press conference where senior Swedish government ministers announced a job tax cut that could see families save around […]
09/06/2023
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By Arsenio Toledo
Latest BLS report shows 187K new jobs in August – but in reality, America lost 670K jobs in two months
Latest report from the Bureau of Labor Statistics (BLS) shows that American employers added 187,000 jobs in August. But in reality, the country lost over 670,000 jobs in July and August. The BLS data for August claims that nonfarm payroll jobs grew by a seasonally adjusted 187,000, far above the Dow Jones estimate of 170,000 and suggesting […]
09/05/2023
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By Arsenio Toledo
Massive government spending is keeping inflation high, warns market expert
The government is not getting its massive spending under control, and this could undermine the Federal Reserve’s ongoing fight against inflation. Market expert Larry McDonald warned that America’s fiscal situation will get worse without any change. “No one is calling them out,” he said. “Washington is stepping on the gas – colossal deficit spending – and […]
09/01/2023
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By Arsenio Toledo
Taxpayer money going down the drain: Biden circumvents SC decision, cancels $72M in student debt
President Joe Biden has made good on his promise to circumvent a Supreme Court decision. The Biden administration recently canceled student loans amounting to $72 million for 2,300 students who were deceived by the now-defunct Ashford University. Based on an independent review by the Department of Education (ED) the degrees obtained by the students are “effectively worthless.” This […]
08/24/2023
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By Arsenio Toledo
IMPLOSION: Latest data shows Europe’s economy has contracted to its lowest activity level since first year of pandemic
Data coming out of Europe shows that business activity this month has contracted to its lowest level since November 2020. In the Eurozone – the parts of the continent that currently use the euro as its main legal currency – the HCOB Flash Eurozone composite purchasing managers’ index (PMI) fell to 47.0 in August from 48.6 in July, its […]
08/23/2023
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By Arsenio Toledo
Breitbart’s John Carney: BRICS currency is NOT A THREAT to the US dollar
For Breitbart Economics Editor John Carney, a potential BRICS currency should not be considered a threat to the supremacy of the United States dollar. Carney made this claim during an interview with Fox Business host Larry Kudlow on Friday, Aug. 18. This claim was made before the 15th BRICS summit in Johannesburg. (Related: BRICS bloc discussing possible expansion as […]
08/22/2023
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By Arsenio Toledo
BRICS block discussing possible expansion as it seeks to “upend” the US dollar
In an opinion piece published for Fox News, strategic intelligence analyst Rebekah Koffler warned that the BRICS bloc wants to “upend” the United States dollar. The BRICS bloc of developing economies, formed in 2009, is currently meeting for its 15th summit in Johannesburg, South Africa, with the goal of the meeting being to discuss possible expansion […]
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