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News & Articles By Arsenio Toledo
09/28/2023
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By Arsenio Toledo
America heading toward a housing market crash worse than the Great Recession
The American housing market is heading for a crash that may be bigger than the one experienced by homeowners in the 2008 financial crisis. “This will be the greatest crash in the history of housing,” warned financial expert John Perez, who predicted that, following the crash, average housing prices across the country could plummet by […]
09/26/2023
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By Arsenio Toledo
Germany’s housing prices fall at steepest pace since 2003 due to high interest rates and rising construction costs
Prices for homes in Germany fell by a record level during the second quarter of the year as higher interest rates and rising materials costs are taking their toll on the property market of Europe’s largest economy. According to data collected by the Federal Statistics Office (Destatis), year-over-year residential prices fell by 9.9 percent from April […]
09/18/2023
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By Arsenio Toledo
United Auto Workers union goes on strike against Big Three automakers – another sign that Bidenomics is a costly failure
The United Auto Workers (UAW) union has gone on strike following the breakdown in negotiations with America’s Big Three auto companies in Michigan – another sign of the failure of President Joe Biden’s economic program, or “Bidenomics.” For the first time in the history of the UAW, the approximately 146,000 members of the union are […]
09/14/2023
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By Arsenio Toledo
Annual inflation surged 3.7% in August thanks to the jump in gas prices
Inflation in August spiked by 3.7 percent compared to last year, with the rise in gas prices accounting for more than half of the monthly inflation increase. The Consumer Price Index (CPI) for August showed that prices were 3.7 percent higher year-over-year, slightly higher than the 3.2 percent reading in July and also higher than […]
09/13/2023
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By Arsenio Toledo
U.S. household income FELL in 2022 for the third straight year due to inflation and rising cost of living
The average household income of Americans fell in 2022 for the third straight year as the cost of living rose and their living standards continued to be eroded by unrelenting inflation. This is according to data from the Census Bureau released on Tuesday, Sept. 12, which saw that U.S. real median household income in 2022 fell by […]
09/06/2023
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By Arsenio Toledo
Latest BLS report shows 187K new jobs in August – but in reality, America lost 670K jobs in two months
Latest report from the Bureau of Labor Statistics (BLS) shows that American employers added 187,000 jobs in August. But in reality, the country lost over 670,000 jobs in July and August. The BLS data for August claims that nonfarm payroll jobs grew by a seasonally adjusted 187,000, far above the Dow Jones estimate of 170,000 and suggesting […]
09/05/2023
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By Arsenio Toledo
Massive government spending is keeping inflation high, warns market expert
The government is not getting its massive spending under control, and this could undermine the Federal Reserve’s ongoing fight against inflation. Market expert Larry McDonald warned that America’s fiscal situation will get worse without any change. “No one is calling them out,” he said. “Washington is stepping on the gas – colossal deficit spending – and […]
08/24/2023
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By Arsenio Toledo
IMPLOSION: Latest data shows Europe’s economy has contracted to its lowest activity level since first year of pandemic
Data coming out of Europe shows that business activity this month has contracted to its lowest level since November 2020. In the Eurozone – the parts of the continent that currently use the euro as its main legal currency – the HCOB Flash Eurozone composite purchasing managers’ index (PMI) fell to 47.0 in August from 48.6 in July, its […]
08/23/2023
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By Arsenio Toledo
Breitbart’s John Carney: BRICS currency is NOT A THREAT to the US dollar
For Breitbart Economics Editor John Carney, a potential BRICS currency should not be considered a threat to the supremacy of the United States dollar. Carney made this claim during an interview with Fox Business host Larry Kudlow on Friday, Aug. 18. This claim was made before the 15th BRICS summit in Johannesburg. (Related: BRICS bloc discussing possible expansion as […]
08/22/2023
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By Arsenio Toledo
BRICS block discussing possible expansion as it seeks to “upend” the US dollar
In an opinion piece published for Fox News, strategic intelligence analyst Rebekah Koffler warned that the BRICS bloc wants to “upend” the United States dollar. The BRICS bloc of developing economies, formed in 2009, is currently meeting for its 15th summit in Johannesburg, South Africa, with the goal of the meeting being to discuss possible expansion […]
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