The Trade Talks Between the U.S. and China Are Dead, the Result? Higher Prices, Lower Standard of Living, and Job Losses
By Michael Snyder There is not going to be a trade deal between the United States and China any time soon, and that is going to mean a tremendous amount of pain for the U.S. economy. For months, hope that the U.S. and China would soon reach a trade deal helped to...
Less Than 30% of the Nation’s Corn Crop has Been Planted – a National Catastrophe in the Making
By Michael Snyder 2019 is turning out to be a nightmare that never ends for the agriculture industry. Thanks to endless rain and unprecedented flooding, fields all over the middle part of the country are absolutely soaked right now, and this has prevented many...
The Trade War Heats up – China: U.S. MUST Agree to Trade Terms or NO Trade Deal
By Michael Snyder Unless someone backs down in a major way, this trade war is going to last for a very long time, and the Chinese have made it exceedingly clear that they are never going to back down on the core issues. So that means that the only way out is for...
Trump Attempting to Reduce the Number of Americans on Welfare and Food Stamps
By Mac Slavo The Trump Administration is looking into altering how it determines the national poverty level, which may put some Americans at risk of losing access to welfare programs, according to Bloomberg. The move might occur from changing how inflation is...
Global Markets Drop After Trump says China ‘Broke The Deal,’ ‘So They’ll Be Paying’
By Michael Snyder It sure looks like nothing can stop the trade war now, and that could potentially be absolutely disastrous for the global economy. The last major trade war began in 1930, and it turned an economic downturn into the Great Depression of the 1930s....
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