Author: Nichols Lisa


Washington Blob Destroys Death and Destruction Abroad, Avoids …

The United States sees itself as a world leader. Yet America is almost in crisis. The results have not been nice.

The president and vice president are clearly not doing their job, the first is lack of mental acuity, the second is policy gravity. In the front row for the presidency is the 81-year-old speaker of the House, who was emotionally tied to the past when a divided Loni left faction compromised. The 71-year-old relative of the majority leader of the Senate, who represents a distorted combination of corporateism and progressivism. He could be replaced by an 80-year-old minority leader after the November election.

The popular political divide is even worse. The majority of Republicans are skeptical of the legitimacy of the 2020 election, and a significant number appear to be open to the use of violence. A new nationalist conservatism sees independence as one of the many enemies to limit government.

The Democratic Party is a fan of a bizarre, almost neo-fascist leftist philosophy, determined to forcibly reorganize society and make dissent a punishable offense. Staff have targeted schools, with the emphasis on determining who uses which bathrooms, in hopes of turning them into learning arenas instead of teaching. Even ordinary founders are more concerned with gaining and retaining power than facing the country's serious challenges.

Yet the soil of the American colossus is in decline. The United States is largely bankrupt, courtesy of irresponsibility on both sides. With the end of World War II, the national debt (held by the public) to GDP ratio stood at a record 106 percent; Missing spending restraint, it would be 200 percent mid-century. Yet Democrats and Republicans alike see the federal budget as a never-ending soup-line for noisy clients and well-connected interests.

On top of wild revenue and monetary policy, inflation has reached a 40-year high. And in response to Russia's attack on Ukraine, Washington has given the dollar more weapons. While doing so would certainly hurt Moscow's finances and the living standards of the Russian people, it would also accelerate the world's move away from the dollar and the US financial network. Even Europeans are tired of Washington's legislators who believe they have been anointed from the top to set policy for the entire planet.

America's bizarre cheeks to diminish "leaders" are a growing occasion, even to the point of nervous laughter by allied governments. Because the United States is capable of intervening in all other countries, not just one nation. Its leaders are determined to do just that, often with catastrophic consequences. In fact, if the Washington Blob একটি a defining feature of American foreign policy-is that the United States Law, Displaying "global leadership". Just as God cares about a single sparrow falling to earth, so does Washington. Uncle Sam must be so Do somethingNo matter how foolish and perverse, About everything.

Ironically, it doesn't matter to Washington's elite. Or the consequences of acting are not important. Indeed, contrary to the general mantra that "failure is not an alternative," blob is a constant reality for failure, but it does not matter. After all, as a superpower, America rarely pays the price for its failure. Other nations may be destroyed and people may be killed, but Americans rarely notice.

Equally important, no US policymaker is ever held accountable. No matter how many deaths and how much destruction he or she caused, promotions and rewards are almost certain. If the defeat of Iraq proves anything, the greater the policy failure, the greater the personal success. Many of those responsible for this tragic fall continue to offer new intervention and their bloody advice for war. For Americans, destroying a nation, destabilizing a region, and hunting down millions of people means you never have to say sorry.

The Washington Blob is also almost uniquely high in holiness. The insanity and hypocrisy of American policymakers is not surprising or annoying. After all, this is the case with every nation. All diplomats shamelessly push the best deal for their country while resisting foreign demands for benefits. However, US policymakers are seen to believe almost exclusively in their own speeches and press releases.

Washington, for example, cries out for civilian deaths in Ukraine. To be sure, they are real and awesome. However, those who are crying out loud have probably supported the war to kill so many civilians without shedding a single tear.

The United States, the most militarily aggressive country since the end of the Cold War, has shown little concern for repeated genocide and violence. Iraq was the biggest catastrophe since the US invasion sparked a communal conflict that killed millions and displaced millions. In Libya, Washington has escalated into an old-fashioned low-tech civil war that has killed thousands or tens of thousands of people.

The United States has lost partly in Afghanistan because it considers rural areas as battlefields rather than homes for millions of people; Every unnecessary civilian death has increased support for the Taliban. Today, Washington continues to provide arms, ammunition and support to the oppressive monarch, both Saudi Arabia and the United Arab Emirates, in the war against neighboring Yemen, which has killed millions of civilians. The same policymakers of President Joe Biden who have been able to commit war crimes in Saudi Arabia and the United Arab Emirates are now condemning Vladimir Putin as a war criminal.

Out of shame, Blob members are declaring against the spheres of influence. That idea is therefore 19M Century, they insist! How could Russia imagine that it could thwart the aspirations of the Ukrainian people to express themselves democratically? Even more so by Invader Another race. Why, it didn't happen after or after World War II. And interfering in American elections! Is there anything worse than that? Americans regularly express their shock and regret at these actions.

Except when the area of ​​influence is the western hemisphere. Just a few years ago, the Trump administration reaffirmed the Monroe doctrine and complained about Chinese and Russian activity in Venezuela. And remember 2003? At the time, the United States was invading Iraq illegally, based on fraudulent claims that the Hussein government was developing nuclear weapons. As for electoral intervention, it was a US specialty during the Cold War. A study by Carnegie-Mellon has been recorded 81 examples Through 2000. There was one Russia The election of 1996, when Washington made every effort to secure the re-election of Boris Yeltsin.

American policymakers are not too high to take responsibility for their failures. After all, look back so, you know, yesterday. Which policymaker was blamed for Iraq's defeat? Does anyone suffer professionally? Who did the producer leave out as the TV talking head? Which senior military officer was spared after retiring to tell Congress how close we were to victory in Afghanistan? Is there any Obama / Biden administration official who supported the Saudi / Emirati war of attrition against Yemen, more than seven years later, ashamed of continuing that conflict because of the killing of more civilians?

Then there is Ukraine. Vladimir Putin is responsible for attacks on his country's neighbors. However, he acknowledged that their numbers were not enough to defeat NATO. Yet allies have shamelessly lied to Kiev, or at least deliberately misled him.

No NATO member wanted to join the Ukraine (or Georgia) alliance. No one wanted to save them. No one believed they could be protected, at least at a reasonable cost and risk. But all of them consistently led the Ukrainian authorities, which gave them hope in the alliance. Which probably encouraged them to resist settlements with their powerful neighbors and to expect military support from the United States. (Indeed, it appears that Washington's relentless gesture of goodwill led the Georgia Saakashvili government to hope for American rescue after Russia's 2008 attack.)

In short, it is hard to believe that Russia and Ukraine would be at war today if the United States did not simultaneously ignore Russia's security interests and inflate Ukraine's expectations. However, which BLOB member has apologized for helping to cause another war? The members of the organization never accept their responsibility for anything.

So far, most of the damage caused by US foreign policy has fallen on other countries. The deaths of Ukrainians, Yemenis, Iraqis, Afghans, Libyans and many more are at least partly due to the serious, arrogant mistakes of Washington's policymakers.

However, one day thousands or even millions of Americans could die. In fact, this is what makes the conflict in Ukraine so dangerous. Russia is a nuclear power, and the United States has not fought an equal war since World War II. America has never fought a full-scale war against nuclear power. Blob members usually ridicule such qualities as prudence. In this case, caution is essential for national survival.

The United States has shown great resilience and resilience and has overcome serious challenges. America can do it again. However, policy makers must be connected to the real world and be accountable for their record.

This is especially important for US foreign policy. After two decades of costly failures, Washington's policymakers must put America first its people, its territory, its independence, its prosperity and its security. The value of humility must be re-learned in order to rebelly take on the role claimed by world leader Washington. The era of "what we say goes" is definitely over.

Doug Bando

Doug Bando

Doug Bando is a senior fellow at the Cato Institute, specializing in foreign policy and civil liberties.

He has been a special assistant to President Ronald Reagan and editor of a political magazine Search.

He writes regularly for such leading publications Fate Magazines, National interestThe The Wall Street JournalAnd The Washington Times.

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Real retail sales are flat trending

Retail sales and food-service spending rose 0.5 percent in March after a 0.8 percent gain in February (see first chart). However, today’s retail sales data are not adjusted for price changes. In real terms, total retail sales fell 0.7 percent (adjusted using CPI). Still, total retail sales rose 6.9 percent from a year earlier, while actual retail sales fell 1.5 percent.

Key retail sales, excluding motor vehicle dealers and petrol retailers, rose 0.2 percent in the month after declining 0.1 percent in February (see first chart). The fall leaves that measure with a 6.2 percent gain compared to a year ago. After adjusting for price changes, real core retail sales fell 0.2 percent in March and 0.3 percent from a year earlier (see Chart 2).

The divisions for the month were mostly higher with ten up and three down in March. Gasoline costs rose 8.9 percent. However, the average price of a gallon of gasoline was $ 4.40, up 19.8 percent from $ 3.68 in February. Sales of general merchandise followed 5.4 percent growth, while sales of electronics and appliance stores and sports goods, hobby and bookstores grew 3.3 percent each month.

Non-store retailers led the decline at 6.4 percent, followed by motor vehicle sales at 1.9 percent and health and personal care store sales at 0.3 percent (see Chart 3).

Overall, the total nominal retail sales have increased this month, especially due to the increase in petrol prices. In real terms, however, total and core retail sales declined. In addition, the actual total and actual original retail sales remained essentially unchanged from a year earlier.

With persistent labor shortages, material shortages, and logistical problems, production recovery across the economy as a whole can slow down and maintain upward pressure on prices. In addition, the geopolitical and global economic instability caused by Russia's aggression in Ukraine has had a dramatic effect on capital and commodity markets, triggering a new wave of business disruption while a new Fed tightening cycle will affect future economic activity. The outlook has become extremely uncertain.

Robert Hughes

Bob Hughes

Robert Hughes joined AIER in 2013 for over 25 years researching economic and financial markets on Wall Street. Bob previously headed Brown Brothers Harriman's Global Equity Strategy, where he developed an equity investment strategy that combines top-down macro analysis with bottom-up fundamentals.

Prior to BBH, Bob was a senior equity strategist at State Street Global Markets, a senior economic strategist at Prudential Equity Group, and a senior economist at Citicorp Investment Services and a financial markets analyst. Bob holds an MA in Economics from Fordham University and a BS in Business from Lehigh University.

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Weekly initial claims tick up but remain near record lows

Initial claims for regular state unemployment insurance rose slightly, to 18,000 for the week ended April 9, coming in at 185,000, above the previous week's multi-decade low (see first chart). Claims continue to bounce from week to week but have declined to eight in the last twelve weeks. Despite the increase, claims remained below the January-February 2020 average of 212,000 before the lockdown. By long-term historical comparisons, initial claims remain extremely low.

The four-week average has risen slightly in the last week, coming in at 172,250, 2,000 more than the previous week but only the second increase in the last 11 weeks. Weekly initial demand data suggests that the labor market is very tight. However, Russia's aggression in Ukraine is disrupting the world economy and the start of the Fed's austerity cycle could lead to instability in economic activity in the coming months.

The total number of ongoing claims for the state unemployment program was 1.648 million in the week ended March 26, down 19,735 from the previous week (see second chart). State claims have dropped to nine in the last eleven weeks and are below their pre-epidemic level of 2.111 million since October 2021 (see second chart).

The latest results from the combined federal and state programs put the total number of people seeking benefits in all unemployment programs for the week ended March 26 at 1.703 million, down 19,733 from the previous week. The latest results are below 2 million in the seventh week in a row.

Despite some volatility, initial demand has been on a downward trend in recent weeks and is at extremely low levels by historical comparisons. The overall low level of demand combined with the high number of open jobs indicates that the labor market has remained very tight. With persistent labor shortages, material shortages, and logistical problems, production recovery across the economy as a whole can slow down and maintain upward pressure on prices. In addition, Russia's aggression in Ukraine has had a dramatic effect on geopolitical and global economic turmoil in capital and commodity markets, triggering new waves of trade disruptions. Furthermore, the start of a new Fed tightening cycle will likely weigh on future economic activity. The outlook remains highly uncertain.

Robert Hughes

Bob Hughes

Robert Hughes joined AIER in 2013 for over 25 years researching economic and financial markets on Wall Street. Bob previously headed Brown Brothers Harriman's Global Equity Strategy, where he developed an equity investment strategy that combines top-down macro analysis with bottom-up fundamentals.

Prior to BBH, Bob was a senior equity strategist at State Street Global Markets, a senior economic strategist at Prudential Equity Group, and a senior economist at Citicorp Investment Services and a financial markets analyst. Bob holds an MA in Economics from Fordham University and a BS in Business from Lehigh University.

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USSR back | AIER

Clifford Thesis lists the top ten of his Cold War songs and it's a treat. But it is more than pleasing. It's a knockout.

When I discovered the list, I wondered where the Beatles' "Back in the USSR" was. He ranks it # 2 behind Bob Dylan's "A Hard Raines A-Gana Fall".


Paul McCartney says a 1968 BOAC airline passenger from Miami Beach to the USSR is a Russian spy returning to the country after an extended mission to the United States. As evidenced by the song's Wikipedia page, interpretations vary. A modification allows it to be viewed as a parody of imitation songs Alternatively, it can be seen as respect for those songs and gratitude for Western independence and its culture, and similarly, criticism of independence.

McCartney yells: "Back to America, back to the United States, back to the USSR."

When the words of the song say about the USSR and the spy sings, "You don't know how lucky you are, boy," does he mean a boy returning to the United States? That's how I see the song. When the spy sings, "I was so far away that I hardly knew the place. Yeah Al that sounds pretty crap to me, Looks like BT aint for me either. If you rarely know the place now, why would it be so good to come home?

How Spyty the Ukrainian girls kicked him out and left the West behind, when the Moscow girls sang to him and shouted that Georgia was always my MI-MI-MI-MI-MI-MI-MI-MI-MI-mind. "These songs." Georgia on My Mind "thinks that an old song by Ray Charles, born in Georgia in 1960, has become famous anew. Perhaps it's the Georgia state in the United States that spies remember - it's not too far from Florida where the plane left. Should have left the party.

McCartney said he sang the verses in his Jerry Lee Lewis voice. The bridge, speaking to girls by region of the country, consistently and majestically uses "warm" and "southern" after the Beach Boys, the classic "California girls". "Back in the USSR" celebrates the underlying tunefulness of the songs from which it was taken, while some words give it a humorous feel.


As far as the song is concerned, the main reference is Chuck Berry's "Back in the USA". "Back in the USA" and "Back in the USSR" both begin with the narrator returning home on an international runway. Chuck Berry's song is a simple expression of love. He doesn't talk about girls, but like McCartney and like Beach Boys, Chuck walks around:

New York, Los Angeles, oh, how much I wished for you
Detroit, Chicago, Chattanooga, Baton Rouge
Leave me alone in my house in St. Louis.

Did I miss the skyscraper, did I miss the long freeway?
From the coast of California to the coast of Delaware Bay
You can bet your life that I did, until I got back to the United States

Berry's song simply says: "I'm glad I'm living in the United States." The Beatles song, however, begins with a terrifying flight, with a bag of vomit on his knees, and a slight discomfort throughout.

"Back in the USSR" was published six months after the Warsaw Pact invasion of Czechoslovakia. My explanation seems to agree with the Soviets. The Wikipedia page says:

Although the Beatles were never allowed to perform on the USSR, Elton John was allowed to visit the country on a historic concert tour in 1979 ... he ignored an official request and sang "Back in the USSR" as his closing song throughout the tour. The opening show that he doesn't ... McCartney was denied permission to perform on the USSR in 1980.

Meanwhile, on Stateside, July 4, 1984, Beach Boys performed "Back in the USSR" in Washington, DC, and joined the Ringo Star. "Happy birthday," Ringo told reporters [America] Sorry we lost.

In his 2016 autobiography, Good vibrationBeach boy Mike Love says: "'Back in the USSR' was a Heluva song, and it has lasted longer than the country."

But, jokingly aside, the thesis list is worth an hour's thought. The set of ten is a great effort against dictatorship. Listen. The Lord knows where things are going.

Daniel B. Klein

Daniel B. Klein

Daniel Klein is a professor of economics and chairs the GIN at the Mercatus Center at George Mason University, where he leads a program by Adam Smith.

He is also an Associate Fellow at the Ratio Institute (Stockholm), a Research Fellow at the Independent Institute and its Editor-in-Chief. Econ Journal Watch.

Daniel B. Receive notifications of new articles from Klein and AIER

Inflation and labor costs = reduction of unemployment in the United States

To me, it's fascinating how everything comes together when computers monitor everything around the world. Not only is the assumption that unemployment could reach 15% by 2020, but it is also linked to the whole Covid scandal that has led to the implementation of government control over the population and the implementation of one aspect of the objective 2030 agenda and its elimination. Democracy. But more seriously, we still face a 25% post-2024 unemployment risk.

At the moment, I see signs of help everywhere I look. Even the other day at FedEx I saw a sign asking for help. There is another side to this inflation Green Regulations that are hurting the entire world economy. We already have less than 80,000 truck drivers and then California claims that trucks now have to comply with their insane rules will kill more trucks by January and we can expect inflation to exceed 20% even in their manipulated figures.

The higher the inflation, the lower the net actual wages and this then forces small businesses to raise wages but it produces Cost-push Inflation at the top Deficiency-inflation And it's a deadly combination for a moving economy. This means that small businesses will be unable to find employees and the higher the inflation, the less people will be able to buy. All this combined Bad The post-2024 economic outlook is possible.

So keep stock of that food. It's going to be a lot worse. As much as the United States is now threatening China, they may look in the mirror and think they are a lion, but if I were China, locking up the world's busiest port, Shanghai, would not only wipe out trucking companies. In the United States, however, this will only increase inflation. So the threat of sanctions against China will only make the economy worse, and we have already divided the world economy by ending globalization. This is finally the end of the United States and the dollar. The last hour The IMF is out And warned that it was depreciating the dollar as a reserve currency.

We have that Bad The potential crop of politicians in charge and they have jumped on the bandwagon to hate Putin without realizing that they have dealt a permanent death blow to the world economy. Thus, our estimates of unemployment may be an example of the Great Depression, but inflation is lowering living standards and reducing economic activity, leading to business failures and job losses.

The United States has abused its position and may think it is a lion, but it has simply declined as a cat. They should look at the military. The Pentagon is trying to cool off the discussion of this heated attack on Russia, and it is insane to threaten China with sanctions if it dares to help Russia. They know that they are far more powerful with Russia than with the fall of Russia, and that the West will then go against them. There are deep concerns that The United States will lose the war with China. These politicians looked at reality rather than the image they see in the mirror.

Human nature never changes as history repeats itself. Although Athens was enjoying a golden age under Pericles, it soon came to an end and thus the fall of Athens began in 431 BC. The 27-year Peloponnesian War begins. Athens became extremely arrogant and forced others to donate to their treasury to protect the Persians from another invasion that did not happen - today's Russia. This leads to discontent and the image of Athens is tarnished by arrogance.

Sparta, which was a communist society, wanted to dominate Greece. In May 431 BC, war broke out between Athens and Sparta. The Peloponnesian War (431-404 BC) took place between the Athens-led Dalian League and the Peloponnesian League, which led Sparta. Historians have traditionally divided war into three periods. But there were two main reasons for the rise and fall of Athens. First, the conflict between oligarchy and democracy, And his arrogance. Democracy has produced many great leaders, but unfortunately, also many bad leaders. Their arrogance survived the past glory of great leaders during the Persian War and it brought an end to Athenian power in Greece.

The fall and fall of the United States are following the same pages of history. What the historians will write is when the arrogance of the United States threatening China while trying to destroy Russia settles to dust.

The collapse and collapse of the world economy

Antitrust crackdowns on Big Tech will not help customers

Reprinted from internal source

In the exciting days of the last decade of net-neutral warfare, technology workers and companies have warned of a catastrophic situation without it: Internet toll lanes, data blocking and slow speeds.

If Washington did not re-classify Internet service providers as public utilities and did not oversee the Federal Communications Commission, they argued, our entire online experience would change for the worse.

Now, five years after FCC Chair Ajit Pai repealed Net Neutrality, online speeds are reaching record highs, there are more Americans online than ever before, and the Internet economy has become an influential force in American society. It's more open than ever.

Forever volatile, however, many of these same activists have sidelined the flag of the war of net-neutrality for a new political battle: using distrust laws to break up and restrict innovative technology companies.

Instead of talking about an authoritarian online future, today's activists and politicians lament multiple "technological monopolies" and their apparent control over our lives and data.

The most heavily targeted companies are Amazon, Meta Platform, Google and Apple, which together provide a suite of products and services that employ millions of Americans, used by an overwhelming majority of Internet users and value countless entrepreneurs and organizations. That depends on them.

That said, each of these companies is facing lawsuits from state attorney generals, pending congressional legislation, or higher regulatory scrutiny of their business transactions.

While there is good reason to criticize each individual company for its own actions and policies, banning or suspending social media accounts or choosing their own products in their marketplaces is a move to invite regulators to take more control over how these companies operate. Far away

The suspension of a controversial Twitter or Facebook account should not be a catalyst for any federal regulator to determine which services a firm will offer.

The fact remains that the technology sector is incredibly competitive and offers a wide range of products and services that cater to the interests of its customers.

If you're tired of Facebook or Twitter, you can host your own Mastodon server or Matrix chat. If YouTube doesn't host your favorite content, you can easily sign up for Rumble or Odyssey. And if you can’t stand Amazon, Shopify is empowering millions of entrepreneurs with other outlets to list their products for clients. The choices are endless.

As a consumer advocate, that's why I get frustrated when I see the emergence of a broader coalition, such as the "fight for the future" lobbying for strict distrust enforcement on American innovation, and hosting various antitrust campaigns.

This alliance includes many of my favorite and frequently used companies, including Automatic (WordPress), Brave Browser, Protonmail, and Spotify, but also a lot of pressure groups that have long sought to reduce innovation and free enterprise.

These companies are expected to be threatened by the big technology companies, but it should be a concern for consumers to partner with political forces to appeal to the government to make them direct or indirect competitors.

If Congress succeeds in changing the no-confidence law to curb technological power, it will not be for the benefit of ordinary users and online consumers. Rather, it will meet the political goals of an alliance that seeks to reduce much more than consolidation and acquisition: some political discourse, the movement they perceive as hostile, and products that they would rather not have access to consumers.

An antitrust crackdown will not help ordinary conservatives on Facebook or liberal environmentalists on YouTube. Inviting the government to say more about what is in your newsfeed or who provides your email will only limit and harm consumer choice.

If the actions of disbelief go too far, it will not provide us with an era of perfect competition or huge choice. This would discourage Internet customers from innovating options and put an end to entrepreneurial forces that allowed them to grow and pay off. We should be warned in advance.

Yale Osowski

Yale Osowski is deputy director of the Consumer Choice Center, a DC-based, millennial activism group that advocates for greater consumer choice.

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The supply chain crisis will only get worse

The problem of supply chain is getting worse all over the world due to government mismanagement. The game seems to have malicious intent, as these new sanctions appear to be a deliberate attempt to destroy the world economy.

California's far-left politicians enforce laws only to hurt the people. The California Air Resources Board (CARB) recently revised it Air Resource Board Truck and Bus Regulation:

“The Air Resources Board (ARB) Truck and Bus Regulation requires diesel trucks and buses that operate in California to be upgraded to reduce emissions. By January 1, 2023, nearly all trucks and buses will need to have 2010 model year engines or equivalent. Compliance requirements are currently in effect.”

Therefore, by January, all trucking companies will have to upgrade their trucks to the new model or reduce their fleet. Joe Rajkowaz, director of government affairs and communications at the Western States Tracking Association, said the new law would exclude 80,000 commercial trucks from operating, accounting for 17% of state trucks. "We know in the industry that if you think there has been a supply chain problem for the last year, wait until you get so many trucks out of the market that are not replaceable. You can talk about something we have never seen as a country before"He said.

CARB continues to deny that the removal of 17% of the trucking fleet will affect the supply chain crisis. "There is no evidence to support any claim that the current supply chain problems have anything to do with the state's efforts to clean up California's truck emissions," a spokesman said.

Trucking companies are seeking to overturn this ruling because they simply cannot carry new trucks. Smaller trucking companies will go under.

Peter Navarro, a former manufacturing adviser to former President Donald Trump, called the situation "weak microeconomics." Reducing fossil fuels seems attractive to far-left people without any other alternative available. They do not realize that their plight to protect the environment cannot break the industrial world without response. Awakened microeconomics will lead us to collapse.

"The world's busiest shipping port is closed

The world is laughing at America

Above is a clip from a program "Studio 22" on the Saudi government-owned television network MBC. The skit depicts U.S. President Biden as mentally handicapped, repeatedly discomfort in his words, forgetting his name and falling asleep behind the podium. Biden's deteriorating mental health became apparent whenever he was allowed to speak in public. Other countries now look at the United States in the same way, as everyone sees there is a doll. Biden has weakened America in the international arena.


Comedy is far from a comedy sketch. Joe Biden referred to Vice President Kamala Harris as the "First Lady", as portrayed in the Saudi program. He recently called Michelle Obama a former vice president and referred to Ukrainians as Iranians. Let's not forget how his "gaff" almost caused World War III when he announced that Putin needed to be removed from power. The White House simply retracted his statement and made excuses for his erratic behavior.

Even with pre-scripted cards, Biden constantly forgets the point and is repeatedly pictured being redirected by his handlers to various functions. Even Secretary Saki has jumped on board because he can no longer confuse the truth. The whole world sees the leader of the United States as a complete fool. Nevertheless, he was the most popular presidential candidate and received a record number of votes. Democrats have chosen the wrong puppet; Apart from the thin gap between his supporters and cognitive inconsistencies, no one believes he is leading the nation.

«Walgreens rationing baby formula

Walgreens Rationing Baby Formula | Armstrong Economics

Walgreens announced it had begun Ration baby formula In the supply chain crisis. The rule will apply to all 9,021 locations. Customers can purchase only three infant and toddler formulas per visit due to "increased demand and different supplier problems".

The retail sales tracking company, Datasembly, reported that 29% of children and toddler formula products were out of stock in more than 11,000 stores during the week of March 13th. By comparison, as of November 2021, only 11% of those essential products were non-bailable. CBS MoneyWatch reports that there have been more significant deficits in some states, such as Minnesota, where 54% of infant formula products were unavailable. In Iowa, Connecticut, Hawaii, Maryland, Rhode Island, North Dakota, South Dakota and Texas the rate is an alarming 40%.

Racent Withdrawal of Abbott's Sturgis formula The situation has worsened but is not beginning to contribute to the deficit. If Walgreens encounters this problem, other major chains will follow suit soon. Although it is not illegal to sell actual breast milk, the practice is not very regulated and often unsafe. Still, People's milk bank The popularity is growing. If mothers cannot feed their children, there will be rebellion. At this stage, it is unreasonable for anyone to deny the supply chain crisis.

House vote to legalize marijuana

Market Talk – April 13, 2022


China's imports fell unexpectedly in March as COVID-19 bans across a large part of the country hampered freight arrivals and weakened domestic demand, while export growth slowed, prompting analysts to expect trade to deteriorate in the second quarter. Customs data showed Wednesday, marking the first decline since August 2020, when inbound shipments in March fell 0.1% from a year earlier. That compares with a 15.5% gain in the first two months of the year and an 8% growth forecast by analysts in a Reuters survey. The fall was massive. China's crude oil imports fell 14% in March, and gas imports were at their lowest level since October 2020. Copper purchases fell 8.8% as COVID outbreaks damaged production and industrial demand for some raw materials softened.

India's retail inflation accelerated to around 7% a year in March, the highest in 17 months and for the third month in a row above the central bank's tolerance band, pushing it to raise policy rates. Annual consumer price-based inflation touched 6.95% in March, driven by rising prices of fuel products and some food items. The print was 6.35% higher than the annual forecast by economists in a Reuters survey and 6.07% in the previous month.

Major Asian stock markets had mixed days today:I NIKKEI 225 rose 508.51 points or 1.93% to 26,843.49Shanghai fell 26.51 points, or -0.82%, to 3,186.82Hang Seng rose 55.24 points, or 0.26%, to 21,374.37X ASX 200 rose 25.00 points, or 0.34%, to 7,479.00• Cospy rose 49.73 points, or 1.86%, to 2,716.49The Sensex fell 237.44 points, or -0.41%, to 58,338.93• Nifty 50 decreased by 54.65 points or -0.31% to 17,475.65

Major Asian currency markets had mixed days today:• AUDUSD decreased 0.00343 or -0.46% to 0.74222• NZDUSD fell 0.00783 or -1.14% to 0.67802• USDJPY rose 0.229 or 0.18% to 125.687DC USDCNY rose 0.00097 or 0.02% to 6.37895

Precious Metals:• Gold rose 11.53 USD / t oz. Or 0.59% to 1,978.12Silver rose 0.384 USD / t. oz or 1.52% to 25.730

Some economic news from last night:China:Exports (YoY) (Mar) decreased from 16.3% to 14.7%Imports (YoY) (Mar) decreased from 15.5% to -0.1%Trade balance (USD) (Mar) decreased from 115.95B to 47.38BJapan:Reuters Tankan Index (April) rose from 8 to 11Core Machinery Order (YoY) (February) fell to 4.3% from 5.1%Core Machinery Order (MoM) (February) decreased from -2.0% to -9.8%M2 Money Stock (YoY) has risen from 3.6% to 3.5%M3 Money supply (March) increased from 2,019.2T to 2,025.0TSouth Korea:Unemployment rate (March) remains the same at 2.7%Australia:Westpac Consumer Sentiment (April) rose to -0.9% from -4.2%New Zealand:FPI (MoM) (Mar) increased from -0.1% to 0.7%The RBNZ interest rate has been decided from 1.00% to 1.50%

Today's economic newsIndia:Exports (USD) (Mar) increased from 34.57B to 42.22BImports (USD) (Mar) increased from 55.45B to 60.74BTrade balance (March) increased from -20.88B to -18.51B ৷


President Vladimir Putin said on Tuesday that peace talks with Ukraine had reached a final stage, using his first public remarks on the conflict in more than a week to win his troops and persuade the West to fail to heal Moscow. In the strongest signal so far that the war will be more protracted, Putin said that Kyiv has derailed peace talks by claiming Russia's war crimes and security guarantees to cover the whole of Ukraine.

Finland will decide in the next few weeks whether to apply to join the US-led NATO alliance, Prime Minister Sanaa Marin said on Wednesday, highlighting changes in the security landscape since Russia's invasion of Ukraine. Finland and fellow Nordic states and neighboring Sweden are close allies of NATO but have moved away from joining the 30-member alliance established in 1949 to deal with the Soviet Union during the Cold War in 1949. Finland's public opinion has taken a U-turn on NATO, with 68% of respondents in favor of joining a recent poll by private broadcaster MTV, with only 12% against.

Europe's major stock markets had a mixed day:• CAC 40 rose 4.73 points, or 0.07%, to 6,542.14• The FTSE 100 rose 4.14 points, or 0.05%, to 7,580.80• DAX 30 decreased by 48.51 points or -0.34% to 14,076.44

Today was a green day in Europe's major currency markets:• EURUSD rose 0.00397 or 0.37% to 1.08643• GBPUSD rose 0.00603 or 0.46% to 1.30617USDCHF rose 0.00127 or 0.14% to 0.93409

Today's economic news from Europe:United Kingdom:The Home Price Index (YoY) has risen from 9.6% to 10.9%Basic CPI (YoY) (Mar) increased from 5.2% to 5.7%Core CPI MoM (MoM) (Mar) increased from 0.8% to 0.9%Core PPI output (YoY) (Mar) increased from 9.9% to 12.0%Core PPI output (MoM) (Mar) increased from 0.7% to 2.0%Core RPI (YoY) (Mar) increased from 8.3% to 9.1%Core RPI (MoM) (Mar) increased from 0.8% to 1.0%CPI (MoM) (Mar) increased from 0.8% to 1.1%CPI (YoY) (Mar) increased from 6.2% to 7.0%CPI, nsa (Mar) increased from 115.80 to 117.10PPI input (MoM) (Mar) increased from 1.8% to 5.2%PPI input (YoY) (Mar) increased from 15.1% to 19.2%PPI output (YoY) (Mar) increased from 10.2% to 11.9%PPI output (MoM) (Mar) increased from 0.9% to 2.0%RPI (MoM) (Mar) increased from 0.8% to 1.0%RPI (YoY) (Mar) increased from 8.2% to 9.0%Spain:Spanish CPI (MoM) (Mar) has risen from 0.8% to 3.0%Spanish CPI (YoY) (Mar) has risen from 7.6% to 9.8%Spanish HICP (MoM) (Mar) increased from 0.8% to 3.9%Spanish HICP (YoY) (Mar) increased from 7.6% to 9.8%Italy:Italian industrial production (YoY) (February) rose to 3.3% from -2.7%Italian industrial production (MoM) (February) rose to 4.0% from -3.4%

US / Americas:

On Wednesday came the news of more worrying inflation. In the United States, the producer price index (PPI) rose 1.4% in March, marking an 11.2% YoY increase. These levels have not been seen since 2010 Core PPI advanced 0.9% MoM, exceeding the 0.5% estimate, and increased 7% year on year. Producer demand rose 2.3% month-on-month in March, while service prices rose 0.9%. Energy has experienced a sharp rise as expected after a 5.7% advance and food prices have risen 2.4%.

US market closed:

  • The Dow is up 344.23 points, or 1.01%, at 34,564.59
  • The S&P 500 rose 49.14 points, or 1.12%, to 4,446.59
  • The Nasdaq is up 272.02 points, or 2.03%, at 13,643.59
  • Russell 2000 advanced 38.17 points or 1.92% to 2,025.1

Canada Market Closed:

  • The TSX Composite advanced 122.61 points, or 0.56%, to 21,838.02
  • The TSX 60 rose 4.43 points, or 0.34%, to 1,319.34

Brazil market closed:

  • Bowespa is up 635.1 points, or 0.55%, at 116,781.96


The oil market was a green day today:

Crude oil rose 2.14 USD / BBL or 2.13% to 102.740Brent rose 2.52 USD / BBL or 2.41% to 107.16• Natural gas rose 0.289 USD / MMBtu or 4.33% to 6.9690Petrol rose 0.0904 USD / GAL or 2.87% to 3.2442• Heating oil rose 0.1186 USD / GAL or 3.42% to 3.5830

The above information was collected around 11:42 EST on Wednesday

• Top product beneficiaries: heating oil (3.42%) and natural gas (4.33%), orange juice (5.81%), zinc (2.95%)• Top products damaged: wood (-1.40%), coffee (-3.32%), aluminum (-1.32%) and oats (-1.18%)

The above information was collected around 11:49 EST on Wednesday.


Japan 0.236% (- 0.4bp), US 2 2.32% (-0.088%), US 10 2.6666% (-6.04bps); 2.78% (-0.028%) of US 30, Bunds 0.770% (-2bp), France 1.269% (-3bp), Italy 2.382% (-2.9bp), Turkey 22.84% (-24bp), Greece 2.842% (-1bp) )), Portugal 1.788% (+ 12.5bp); Spain 1.715% (-1bp) and UK Gilts 1.81% (+ 0.6bp).

Market Talk - April 12, 2022