3 / 7 Relevant items tagged with #Economy
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Argentina’s Milei Blasts Collectivism at Davos: ‘The West Is in Danger’
[Jan 18 7:30 AM] Javier Milei, the president of Argentina, blasted what he perceives to be the advance of collectivist ideas in Western society at the World Economic Forum (WEF) 2024 annual meeting at Davos, warning about the dangers these represent for the quality…
Robert Kiyosaki Raises Alarm on Ballooning National Debt — Urges Investors to Buy Bitcoin
[Jan 14 8:30 PM] Rich Dad Poor Dad author Robert Kiyosaki has expressed concerns about the rapid rise in the U.S. national debt, which ballooned by a trillion dollars over a short period. The famous author then urged investors to buy bitcoin alongside gold and…
Donald Trump Warns of Stock Market Crash and Great Depression if He Doesn’t Win Presidential Election
[Jan 1 7:00 PM] Former U.S. President Donald Trump has warned that the U.S. could face a stock market crash worse than that of 1929 and a Great Depression if he doesn’t win the upcoming presidential election. He stressed that the U.S. economy is…
Peter Schiff Says ‘Big Surprise’ Awaits in 2024 — Warns of Crash, Recession, High Inflation Returning With Vengeance
2023 in Review: The Year’s Most Impactful Crypto News Stories and Economic Trends
[Dec 27, 2023 1:30 AM] 2023 proved to be an extraordinary year for bitcoin and the broader crypto economy, surging significantly in value once the dust settled from the FTX debacle and as major players such as Blackrock and Franklin Templeton lodged applications for spot…
Economist Jim Rickards’ ‘Tumultuous’ and ‘Shocking’ Predictions: Global Recession and a New Banking Crisis to Ensue in 2024
[Dec 20, 2023 2:00 AM] Jim Rickards, a famous economist and investment lawyer, has predicted a year of turmoil for global economies in 2024. According to Rickards, the U.S. Federal Reserve will be unable to pull off a soft landing scenario, prompting a global recession…
Treasury Secretary Janet Yellen Discusses US Economy, Recession Risk, Soft Landing
[Dec 14, 2023 5:00 PM] U.S. Treasury Secretary Janet Yellen believes that inflation has come down meaningfully but there’s still further to go for the Federal Reserve to achieve its 2% inflation target. She noted that the central bank has two risks to manage…
Don't get excited about Fed 'dovishness' — another rate hike is in the cards
[Dec 14, 2023 4:36 PM] Contrary to Jerome Powell's intimations, inflation is likely to rise in the months ahead. If the Fed does not hike rates in 2024, the problem will get worse.
US-China Rivalry Risks Cold War II, Warns IMF Official
[Dec 12, 2023 9:30 PM] The International Monetary Fund (IMF)’s first deputy managing director has warned of the risk of Cold War II. Noting that in the Cold War, it was the U.S. and the Soviet Union, the IMF official stressed that now it is the U.S. and China…
Goldman Sachs Sees Fed Delivering First Rate Cut in Q3 2024: Reuters
[Dec 11, 2023 3:28 AM] The Fed's benchmark interest-rate range is currently 5.25% to 5.5%.
JPMorgan CEO Jamie Dimon Warns of Higher Interest Rates and Recession — ‘I’m Not Trying to Scare People’
Robert Kiyosaki Warns of Giant Market Collapse, War, ‘Really Hard Times Ahead’ for Millions
[Dec 2, 2023 8:30 PM] Rich Dad Poor Dad author Robert Kiyosaki has issued more warnings about the U.S. economy, including a giant market collapse, a possible next Great Depression, and another war. The famous author emphasized that millions of people will face…
Economist Peter Schiff: US Dollar Near ‘Historic Crash’ — ‘Forget Soft Landing, It’s Crash and Burn’
Milei presidential victory fuels optimism in Argentina’s Bitcoin community
[Nov 23, 2023 7:49 AM] The election of new Argentine President Javier Milei has given many in the local Bitcoin community cause for hope.
Libertarian and Free Market Proponent Javier Milei Wins Argentine Presidency
[Nov 19, 2023 7:03 PM] Argentina has welcomed Javier Milei as its newly elected president, with the libertarian candidate achieving a majority in the popular vote, surpassing his opponent Sergio Massa. Milei, who identifies as an anarcho-capitalist, has expressed his…
JPMorgan CEO: Inflation May Be Stickier Than People Think, Fed May Raise Rates Further
[Nov 2, 2023 6:01 PM] The CEO of JPMorgan Chase, Jamie Dimon, has warned that inflation may be more persistent than many expect, and the government’s fiscal and monetary stimulus in the past several years has been greater than many realize. Dimon also expects more…
Senator Rand Paul: Out-of-Control Government Spending Threatens ‘the Very Existence’ of US Dollar
Economist Peter Schiff Says US Dollar Will Tank — Warns of USD Owners Getting Destroyed
JPMorgan CEO Jamie Dimon Sees Nuclear Proliferation as ‘Most Serious Thing Facing Mankind’
[Oct 25, 2023 6:00 PM] JPMorgan Chase CEO Jamie Dimon has identified nuclear proliferation as “the most serious thing facing mankind.” According to the United Nations, “the risk of a nuclear weapon being used is currently higher than at any time since the depths of the…
Mexican Billionaire Advocates Bitcoin for Wealth Protection — ‘People Need to Realize They’re Being Robbed’
Argentina Faces Presidential Runoff: Massa and Milei Vie for Leadership Amid Economic Tensions
Bank of America CEO Discusses Economic Slowdown and Fed Cutting Interest Rates
[Oct 21, 2023 9:30 PM] Bank of America CEO Brian Moynihan expects the U.S. economy to slow down in the middle of next year. The executive also noted that according to his bank’s research, the Federal Reserve will start cutting interest rates in the middle of next year to…
Economist Peter Schiff Warns of Deep Recession, Inflationary Depression, and Collapse of US Dollar Demand
[Oct 21, 2023 7:30 PM] Economist Peter Schiff has warned of an inflationary depression, noting that inflation will stay higher for longer, leading to a more severe and prolonged recession. He predicted that the rapidly increasing national debt and federal budget deficits…
Economists Warn Direct Iran-Israel War Could Trigger Global Recession
[Oct 19, 2023 10:00 PM] Bloomberg’s economists have warned that a direct war between Iran and Israel could trigger a global recession. “Soaring oil prices and plunging risk assets would deal a substantial blow to growth, and take inflation a notch higher,” they said…
Billionaire ‘Bond King’ Jeffrey Gundlach Warns US Dollar’s Reserve Currency Status at Risk Due to Rising National Debt
JPMorgan CEO Warns of ‘Most Dangerous Time the World Has Seen in Decades’
[Oct 14, 2023 7:30 PM] JPMorgan Chase CEO Jamie Dimon has warned of “the most dangerous time the world has seen in decades.” The executive explained that “the war in Ukraine compounded by last week’s attacks on Israel may have far-reaching impacts on energy and…
Argentine Peso Plummets as Presidential Candidate Milei Compares It to Excrement, Gets Accused of Causing Bank Run
[Oct 12, 2023 7:00 AM] The Argentine Peso has plummeted to record lows after Javier Milei, the presidential candidate that several polls give as the winner in the upcoming elections, said its value was lower than excrement. Milei, who has proposed to dollarize the…
Renowned Investor Jim Rogers Warns of US Dollar Dominance Ending — Sees Chinese Yuan as the Only Competitor
[Oct 11, 2023 8:30 PM] Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, has reiterated his warning of the end of U.S. dollar dominance. “I know that the era of the U.S. dollar is coming to an end. No currency…