US economy – Page 25 – THE OVAL CIRCLE

US is slaughtering Yemeni civilians to ‘keep weapons factories running,’ senior Houthi leader claims

Posted on December 11, 2020December 11, 2020By Editor

A high-ranking Houthi leader has accused the US of participating in the killing of Yemeni civilians to ensure the longevity of its defense industry, adding that Washington is the “source” of violence in the country. … Read More >US is slaughtering Yemeni civilians to ‘keep weapons factories running,’ senior Houthi leader claims

Business

China to overtake US as world’s largest consumer market ‘very soon’

Posted on December 2, 2020December 2, 2020By Editor

China’s consumer goods market is rapidly catching up with the US and is poised to become the world’s largest in the near future, according to a top Chinese economic planning agency official. … Read More >China to overtake US as world’s largest consumer market ‘very soon’

Shows

Dow breaks record while 10M jobless — is economy on edge? (Full show)

Posted on November 25, 2020November 25, 2020By Editor

Of the 22 million US workers lost their jobs due to the COVID-19 pandemic, 12 million mostly white-collar workers have regained employment and even benefited from record home prices and low interest rates. But what about the 10 million who are expected to continue to languish in unemployment? … Read More >Dow breaks record while 10M jobless — is economy on edge? (Full show)

Business

Covid vaccine rollout could cause US dollar crash, warns Citibank

Posted on November 20, 2020November 20, 2020By Editor

The widespread distribution of vaccines to combat the coronavirus pandemic and ongoing monetary easing could lead to the US dollar weakening as much as 20 percent next year, according to Citibank. … Read More >Covid vaccine rollout could cause US dollar crash, warns Citibank

Business

US economy on such massive jolt of monetary heroin there’s no dialing back the dosage – Peter Schiff

Posted on November 20, 2020November 20, 2020By Editor

Stocks have been on a bull run ever since their big March drop at the beginning of the pandemic, so veteran stockbroker Peter Schiff asks: if Covid-19 didn’t hurt the stock market, why should a vaccine help? … Read More >US economy on such massive jolt of monetary heroin there’s no dialing back the dosage – Peter Schiff

Business

US is BROKE – it’s a huge bubble economy completely supported by debt, says Peter Schiff

Posted on November 17, 2020November 17, 2020By Editor

One of the doctors advising Joe Biden on the coronavirus has said the US needs to impose a complete lockdown for four to six weeks as the government can just pay everybody. Peter Schiff says such a proposal is ridiculous. … Read More >US is BROKE – it’s a huge bubble economy completely supported by debt, says Peter Schiff

Business

Fed boss Jerome Powell is ‘Godzilla,’ worshipped like a magical creature for his money-printing power – Max Keiser

Posted on November 6, 2020November 6, 2020By Editor

The hosts of the Keiser Report, Max Keiser and Stacy Herbert look at the winner being declared in the trending topics list on Twitter, days before the actual US election was held. … Read More >Fed boss Jerome Powell is ‘Godzilla,’ worshipped like a magical creature for his money-printing power – Max Keiser

Business

Neither Trump nor Biden will wave a magic wand to fix America’s economic destruction – Peter Schiff

Posted on November 6, 2020November 6, 2020By Editor

Stocks rallied before the election on expectations of a Joe Biden victory and Democrat control of the Congress. But the markets don’t seem to be particularly concerned about the actual economy, says economist Peter Schiff. … Read More >Neither Trump nor Biden will wave a magic wand to fix America’s economic destruction – Peter Schiff

Business

Can Trump really take credit for US economic growth before the pandemic? RT’s Boom Bust finds out

Posted on November 5, 2020November 5, 2020By Editor

The US stock market and employment rate hit record highs under Donald Trump’s presidency before Covid-19 started to rattle the economy. However, the picture might be not as rosy as Trump painted, analysts say. … Read More >Can Trump really take credit for US economic growth before the pandemic? RT’s Boom Bust finds out

USA

US 2020 Election to Cost Record $14Bln, 2-Times More Than in 2016

Posted on October 29, 2020October 29, 2020By Editor

Spending in the US 2020 election is expected to approach $14 billion, making it the most expensive election in history by a long shot, according to Open Secrets, a group that monitors federal campaign contributions. … Read More >US 2020 Election to Cost Record $14Bln, 2-Times More Than in 2016