Tuesday , 21 September 2021

Economy

U.S. Trade Deficit in Goods Worst Ever – Up 6%

2020 was a milestone in the sordid history of the long-running U.S. trade deficits. As the rest of the world cut back on buying U.S. goods, U.S. consumers were doused with government money, and they switched from buying services — from haircuts to plane tickets — to buying goods, a large portion of which was imported.

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Buffett & Bitcoin: 10 Memorable Views

Warren Buffett has been a vocal critic of Bitcoin in recent years, repeatedly dismissing the cryptocurrency as worthless and a risky, speculative asset. Here are 16 of his best quotes.

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The 5 Stages of Collapse: Financial, Commercial, Political, Social & Cultural – Where is the U.S. Now? (+21K Views)

Having given a lot of thought to both the differences and the similarities between Russia and the U.S. - the one that has collapsed already, and the one that is collapsing as I write this - I feel ready...to define five stages of collapse to serve as mental milestones as we gauge our own collapse-preparedness and see what can be done to improve it. Words: 2500

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