America Imported $78.8 Billion In ‘Cell Phones And Other Household Goods’ From China Last Year
The Census Bureau has reported that in 2022, America imported $78.8 billion worth of cell phones and other household goods from China.
Fed Expects Banking Crisis To Cause A Recession This Year, Minutes Show
The minutes from the March meeting of the Federal Open Market Committee show that the Fed expects a banking crisis to cause a recession this year.
$1.5 Trillion Commercial Real Estate Crash Is Coming
According to a Bloomberg report, analysts have warned that a $1.5 Trillion commercial real estate crash is coming.
Texas May Launch Its Own Gold-Backed Digital Currency
Sen. Bryan Hughes (R) introduced Senate Bill 2334 on March 10, which could result in Texas launching its own gold-backed digital currency if it’s passed.
BREAKING DOLLAR HEGEMONY, BRICS Drive Bitcoin Adoption
As a way of breaking US dollar hegemony, BRICS countries have started pushing for greater Bitcoin adoption.
KPMG, Goldman Sachs, Bank Of America, And Morgan Stanley Sued Over SVB Collapse
Bloomberg has reported that KPMG, Goldman Sachs, Bank of America, and Morgan Stanley are being sued over the collapse of Silicon Valley Bank in the federal court in San Francisco.
Paul Singer, The Man Who Saw The Economic Crises Coming
The founder of Elliott Management and one of the world’s most successful hedge-fund managers, Paul Singer, was the man who saw the economic crisis coming. He also predicted inflation at the start of the Covid pandemic.
Bank Of America, JPmorgan Receive Subpoenas For Biden Financial Records
Fox News has confirmed that the Oversight Committee has subpoenaed Bank of America, Cathay Bank, JPMorgan Chase, and HSBC USA N.A., as well as former Hunter Biden business associate Mervyn Yan for Biden financial records.
Booz Allen Consulting Is Getting Rich From U.S. National Park Visits
Booz Allen Consulting gets paid every time a user makes a reservation on Recreation.gov, per its government contract, and is profiting from U.S. National Park visits.
And Then There Were Three: India Is Latest Central Bank To Pause Rate Hikes
India joins Bank of Canada and RBA in pausing rate hikes. RBA’s decision disappointed economists who expected a 25bps hike, marking its first pause since May 2022.