Balaji Srinivasan Says FTX Is a Preview of State Failure, USD Bank Accounts Could Be…
Angel investor Balaji Srinivasan says the collapse of crypto exchange FTX should be treated as “a preview of state failure.” He warned that one day U.S.…
Browsing Tag
Economics
Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could…
Economists have weighed in on reports that China and Russia may be developing a new gold-backed currency that could undermine the U.S. dollar’s status as the…
Economist Peter Schiff Warns Fed Action Could Lead to Market Crashes, Massive Financial…
Gold bug and economist Peter Schiff says there are two possible outcomes of the Federal Reserve’s action on the U.S. economy. One outcome leads to “a massive…
Tesla CEO Elon Musk Says Inflation Has Peaked — But We’ll Have a Recession for 18…
Tesla CEO Elon Musk believes inflation has peaked and the U.S. economy will be in a recession for about 18 months. “We do get a fair bit of insight into where…
Donald Trump Warns US Economy Is Facing ‘Much Bigger Problem Than Recession’ —…
Former President Donald Trump has warned that the U.S. economy is facing “a much bigger problem than recession.” Noting that “We’ll have a depression,” he…
‘Big Short’ Investor Michael Burry Warns of Looming Consumer Recession, More…
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of a looming consumer recession and more earnings trouble. He…
European Inflation Skyrockets to Record 7.5% — ECB Chief Lagarde Expects Energy Prices to…
While inflation continues to roar in the U.S., the inflation rate in the eurozone tapped another high last month reaching 7.5% in March. Energy and food…