Interview: Debt, Digital Currencies, And Political Tensions

In what ways does Armstrong suggest the Eurozone’s financial practices are unsustainable, and what does he foresee as the potential fallout from such practices? Considering Armstrong’s skepticism towards digital currencies and government debt, what alternatives does he propose for individuals looking to secure their financial futures? According to Martin Armstrong, how have university economics departments […]

Demand for french fries reflects resilient consumer as so-called fry attachment rate holds steady

A McDonald’s crew member prepares french fries in Miami, Florida. Getty Images It’s a timeless question at fast-food counters: Do you want fries with that? Responders continue answering affirmatively at a higher-than-average rate, a top potato supplier indicated. It underscores the resilience of consumer spending, even as inflation pinches pocketbooks and pandemic savings dry up. […]

Unemployment rate among Black Americans jumps in March

We’re Hiring, Part-time heroes wanted, sign at entrance to Target Store, Queens, New York. Lindsey Nicholson | Universal Images Group | Getty Images The unemployment rate among Black Americans jumped in March, according to data released Friday by the Department of Labor. Black unemployment rose to 6.4% last month, up from 5.6% in February. That’s […]