Caution: United States recession probability sharply rises in 2024 The United States economy is facing an increased possibility of a recession, with key indicators flashing warning signals. In particular, … Continue reading ... 11/23/2024 - 5:23 am | View Link
Peter Schiff Says Economic Bubble We're in Today Started 2 Decades Ago Under Bush – And 'It's Going To Get Worse Before It Gets Even Worse' Schiff predicts that economic conditions will worsen before they improve, citing unsustainable debt levels and rising inflation. "It's going to get worse before it gets even worse," he said grimly, ... 11/21/2024 - 4:15 am | View Link
Greatest bubble in human history about to burst? USA's $34 trillion debt to trigger a recession, stocks may lose over half their value in a sell-off, says Mark Spitznagel Mark Spitznagel, who is a bearish investor, has now predicted that stock prices may soon lose nearly half their value in an upcoming sell-off, that could end up putting the stock market in a major ... 11/21/2024 - 1:53 am | View Link
The AI-fueled stock market bubble will crash in 2026, research firm says "This dynamic played out around both the dot-com bubble of the late 1990s and early 2000s and the Great Crash of 1929," Capital Economics said. 11/20/2024 - 3:57 am | View Link
ECB Warns of Financial Stability Threats in Higher Trade Tariffs, Possible AI Bubble The central bank said the prospect of higher tariffs increases the risk of rare but damaging shocks to the global economy and also warned of a potential asset-price bubble linked to the development of ... 11/19/2024 - 7:09 pm | View Link
We all know where most turkeys end up on Thanksgiving. But for a lucky pair, a presidential pardon will save them from the table.
The presidential turkey pardon is a wacky American tradition that some historians date back to President Harry Truman. The chairman of the National Turkey Federation, an organization that advocates on behalf of the turkey industry, gets the opportunity to oversee the presidential flock, and for current chair John Zimmerman, raising the birds is an “honor.”
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And while they might not realize it, it’s an honor for the two lucky birds as well: “There’s some 40 million turkeys eaten on Thanksgiving,” says Zimmerman, a second-generation turkey farmer based in Northfield, Minn.
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