Donald Trump is a strong believer in protective tariffs, and this is very bad news for those of us who support the free market. In Trump’s opinion, tariffs are a great idea. Here is what he said about them in an interview last month: “Trump has proposed a 10 percent across-the-board tariff on all imports and 60 percent on goods from China. During Tuesday’s remarks, he singled out imported cars for higher trade duties, saying he would slap a100, 200 or 300 percent tariff on cars made in Mexico.

This week, the people who run the Biden administration escalated tensions between Russia and the US by giving the Ukrainian regime authorization to use American-made (and presumably American-funded) ATACMS ballistic missiles against targets inside Russia itself.

This significantly raises the stakes of the US-Russia conflict because it put the US in the position of directly funding and encouraging attacks on Russian territory.

President-elect Donald Trump based much of his campaign on promises to crack down on immigration and carry out mass deportations.

What explains Bitcoin? Why does it exist and why is “nothing” worth $70,000 a piece? Moreover, there are millions of owners of Bitcoin and other cryptocurrencies and yet few real transactions take place relatively speaking. How does this relate to the coming of a BRICs currency, the reserve status of the petrodollar, and the War on Cash?

In considering the outcome of the recent elections in the United States, the question arises as to whether we can now expect to see the end of diversity, equity, and inclusion schemes which were beloved of the Biden administration. As we await the new administration, it is timely to evaluate the challenges facing those seeking to uproot the DEI industry. A key point to highlight is that the roots of this industry run too deep to be supplanted simply by closing down federal DEI programs. We can certainly celebrate the end of Mr.

When reality hit the Democratic Party and its ruling-class allies the day after the election, one Democrat must have been relieved: California governor Gavin Newsom. The Kamala Harris loss not only ends her political career—at least at the presidential level—but also clears the way for Newsom to pursue the White House himself.

Last month, the IMF stated that “our forecasts point to an unforgiving combination of low growth and high debt, a difficult future,” emphasizing that “governments must work to reduce debt and rebuild buffers for the next shock, which will surely come, and maybe sooner than we expect.”

The United States 10-year government bond yield reached a low of 3.6% in September but has rapidly creeped up to 4.2%, erasing all the rate cut impact. The primary cause is the out-of-control public spending and the lack of confidence among bond investors in the government’s ability to manage its public finances. Therefore, it is logical that investors fear an inflation bounce.

The United States’ government is obsessed with doping GDP with government spending and bloating job figures with public sector hires. This is the road to ruin or stagflation.

On October 25, ABC News published the results of a survey of 2,392 registered voters where 44 percent of the respondents said that Donald Trump is a fascist, while 23 percent said that Kamala Harris is a fascist. There was even a 5 percent overlap between the two groups—respondents who characterized both Trump and Harris as fascists. Only 32 percent of the respondents thought that neither candidate is a fascist. Is America really in danger of turning fascist?

In the ever-evolving landscape of economic theory and policy, few concepts have been as influential and controversial as Joseph Schumpeter’s “creative destruction.” This powerful idea, which describes the process by which innovation continuously reshapes markets, challenges conventional wisdom about competition, monopolies, and the role of government intervention.