All posts tagged with economic crisis
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-(Natural News) Many of Walmart’s former customers have yet to return to shopping at the retail chain as President Joe Biden’s inability to keep inflation under control makes even their discounted prices less appealing than shopping at dollar stores. According to an analysis conducted by Reuters, foot traffic at Walmart’s 3,573 supercenters in the United States […]
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-(Natural News) Food banks all over America are concerned that they won’t have enough resources to feed needy families for the fall and winter. Katie Fitzgerald, chief operating officer of Feeding America, discussed with Fox News Digital that the organization is seeing “a perfect storm” of situations that make it extremely difficult for the company and […]
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-(Natural News) The inflation crisis gripping the United States has become so devastating that even Americans in higher income brackets are heading to discount stores to save on groceries. According to the Consumer Price Index of the Bureau of Labor Statistics (BLS), the index figures for June gauging how much eating at home costs has risen by […]
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-(Natural News) President Joe Biden has officially presided over more inflation than any other elected American president since 1948, when the Bureau of Labor Statistics began keeping track of annual inflation rates. The latest report from the bureau shows that annual inflation in June was sitting at 9.1 percent, another 40-year high. The average inflation for […]
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-(Natural News) There is a massive debt bomb that is about to explode in China that is increasingly likely to devastate the country’s economy in a way that would rival the Great Depression in 1930s America. According to reports, Chinese homebuyers are boycotting their mortgage payments, which led the ChiCom government to scramble in order […]
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-(Natural News) China is currently facing a mortgage crisis, sparking protests from homebuyers who are threatening to boycott payments. However, social media companies have stepped up on censorship, blocking messages, keywords, and videos of demonstrations. Frustrated buyers gathered in Wuhan earlier this month, outside the office of a bank regulator, saying that they wouldn’t make […]
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-(Natural News) As prices skyrocket, some liberals argue that the United States government should implement more price controls – such as President Joe Biden’s “Build Back Better” plan that would impose various price controls on prescription drugs. For the less familiar, price controls seem like a good idea. However, as Don Boudreaux explained in an […]
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-(Natural News) Protests in Panama have been going on for over three weeks now, with no signs that the demonstrations will end soon despite attempts by the government to hold negotiations and make concessions to protest groups. Unemployment in Panama has surged to about 10 percent. The inflation rate was 4.2 percent in May and 5.2 percent […]
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-(Natural News) Existing-home sales in the United States plunged for the fifth consecutive month in June by 5.4 percent, according to the latest data from the National Association of Realtors (NAR). In May, sales of existing homes declined by 3.4 percent compared to April after the median price of an existing home exceeded $400,000 for the […]
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-(Natural News) The citizens of the Central American nation of Panama have engaged the government in mass demonstrations as they protest surging inflation and the deteriorating economy. Panama is just the latest country to report massive protests due to the rapidly collapsing global economy. Other countries like Peru, Ecuador and Sri Lanka have already experienced […]
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