marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
price hikes
04/04/2022
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By Ramon Tomey
BlackRock president: INFLATION will teach VERY RUDE lessons to today’s consumers
BlackRock President Rob Kapito remarked during a recent conference in Austin, Texas that the current inflation will teach very rude lessons to this generation of “entitled” consumers. “For the first time, this generation is going to go into a store and not be able to get what they want. And we have a very entitled generation that […]
03/30/2022
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By Mary Villareal
The REAL price of fuel: Reports of deaths and violence plague Sri Lanka as people queue to buy expensive fuel
The Russian invasion of Ukraine has increased protests in Sri Lanka as the country falls into its worst economic crisis since its independence in 1948. The fuel crisis in Sri Lanka has led to at least three deaths due to the long hours of waiting that proved too much for people. Numerous others have also […]
03/16/2022
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By Mary Villareal
Record gas prices are pushing up everyday costs, could lead to recession
Americans are in shock with the surging prices at gas stations across the country. The global energy costs are now rippling through the economy following Russia’s invasion of Ukraine, and the surges appear to be making inflation problems even worse. John Migliorini, vice president of Lakeville Trucking in Rochester, New York, said that customers may […]
03/01/2022
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By Mary Villareal
Financial pressures rise worldwide as governments witness the unfolding of the Russia-Ukraine crisis
Benchmarks rose in early trading in Tokyo and Shanghai as global investors began eyeing talks aimed at ending the Russian assault on Ukraine. The surging oil prices and increasing financial pressure from the U.S. and its allies on Russia for its invasion of Ukraine, are now adding to uncertainty about the global economic outlook. Russia, […]
02/16/2022
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By Mary Villareal
No end in sight for inflation: Consumers and small businesses will continue to suffer as long as the money printing continues
Consumer inflation reached 7.5 percent in the past year, and the increase in prices left only a few unscathed. Consumers and businesses all have to make difficult decisions as inflation and supply chain crisis take over the U.S. economy. The supply chain crisis that magnified inflation since the Wuhan coronavirus (COVID-19) pandemic recession may start to […]
02/15/2022
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By Kevin Hughes
Inflation is officially up 7.5 percent from last year, highest annual increase since 1982
The Department of Labor announced Thursday, February 10, that inflation in January rose 7.5 percent compared to the same month last year, the highest since February 1982 which was 7.6 percent. The year-over-year rate or “annualized rate” in December 2021 was 7.1 percent. The number surpassed economists’ prediction that consumer prices in January would increase to […]
02/03/2022
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By Mary Villareal
Despite wage increases, the average US worker lost money in 2021 due to soaring inflation
Despite historically high raises that brought hourly wages to a record peak of $31.31, American workers still lost money last year due to price increases for commodities like food and gas, and even services. In reality, according to the Bureau of Labor Statistics (BLS), the massive pay hikes turned into a 2.4 percent pay cut for the average employee […]
12/08/2021
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By Matthew Davis
Economic situation gets worse: Stagflation is now happening in the US
People must learn quickly how to complete the necessary preparations to survive stagflation, which is happening right now in the United States. Stagflation is an economic condition caused by a combination of slow economic growth, high unemployment and rising prices. It last happened in the 1970s as a result of monetary and fiscal policies and […]
11/21/2021
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By Ramon Tomey
Consumers rethinking their spending habits following price hikes
Americans are waking up to more expensive goods and services as the economy bounces back from COVID-19. Because of this, many are now rethinking their spending habits to get the most out of their dollars. The Wall Street Journal (WSJ) asked some Americans about the changes they have made in response to higher prices. Denver-based […]
11/12/2021
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By Matthew Davis
Prices of used vehicles escalate as inflation spirals out of control across the US
Prices of used vehicle prices escalated at a rate never seen before in history as inflation spirals out of control in the United States. Demand shifted to used vehicle due to a crippling global shortage of computer chips and lower production of new vehicles. That combination resulted in a price increase of 9.2 percent in one […]
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