Category: Economy

Switzerland Considers Electric Vehicle Ban To Avoid Blackouts

Switzerland could limit the use of electric vehicles (EVs) in cases of electricity supply shortages this winter under a new four-step plan to prevent power cuts and blackouts.

To ensure energy security this winter, Switzerland could become the first country to limit the driving and use of EVs, German daily Der Spiegel reports, citing multiple media reports on the Swiss four-stage action plan to avoid blackouts.

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The Dollar Milkshake Theory: Surprising Implications for the US Economy

The dollar milkshake theory states that the US dollar will emerge stronger than ever — in the years to come — due to the fact that the central banks of many foreign countries issue debt in US dollars, as well as hold debt on their balance sheets in US dollars. In times like these, when countries such as Argentina and Sri Lanka are facing default — and wealthy countries have already issued debt to other nations in dollars — there will be a collective scramble for the American dollar, in markets abroad, like we have never seen before.

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Bidenomics: 41% Of Small Businesses Can’t Pay Rent This Month, Report Warns

More than 40% of U.S. small business owners say they couldn’t pay rent on time or in full for the month of November, the highest this year.

The small business network group Alignable released the survey, which found that the hardship varies by industry. A notable 57% of beauty salons said they couldn’t make rent as well as 45% of gyms, 44% of retail and 44% of restaurants.

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Dr. Fauci’s 7-Hour Deposition Blacked Out by Media — Here Is The Most Damning Revelation That Came Out

While millions of Americans are anxiously awaiting Fauci being held accountable for his numerous demonstrable falsehoods, there is a faint hope of accountability that may be provided by an ongoing lawsuit exposing Big Tech’s collusion with Covid “experts” during the pandemic.

A judge in September ordered Dr. Fauci, as well as former White House Press Secretary Jen Psaki and current White House Press Secretary Karine Jean-Pierre, to provide testimony on their role in Big Tech’s censorship of Americans’ views on the Covid pandemic. On Wednesday, Fauci provided a 7-hour deposition on this matter.

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Shocker: Disney Is In Trouble- Bob Chapek Ousted From CEO Position, Bob Iger Is Back, Blackrock, ESG, And FTX Involved?

Last weekend, the embattled Bob Chapek was ousted from his position of Disney CEO. His predecessor Bob Iger is back in the role. In previous entries of my blog and video channels, I contended that Chapek was trying to reform Disney, and make it a family-friendly brand once again. Iger had ambitions of running for office as a Democrat, and installed executives and studio heads to push far left propaganda.

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Crypto News: FTX Scandal Cheat Sheet

At the same time America was embroiled in the contentious 2022 midterm elections, another saga began unfolding in cryptocurrency markets. The crypto exchange FTX went bankrupt, causing a mass selloff of currencies and wiping out investors’ money.

As the confusion and outrage over stolen elections was being sorted out, the public was alerted to the FTX crisis, and learned it has implications in that same election, the war in Ukraine, and schemes to crush cryptocurrency under regulations and impose centralized control over people’s finances. I have collected articles and arranged them in a “cheat sheet” to summarize the mess so far.

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Amazon Is Reportedly Firing 10,000 Employees

A new report is making the rounds that retail giant Amazon is set to lay off roughly ten thousand employees, the latest in big tech cuts due to record market inflation.

Specifically, the layoffs will affect the company’s “devices group,” which includes their Alexa voice assistant, HR group, and retail group. This is reportedly the largest cut in Amazon’s history, roughly 3% of their corporate staffing, but less than 1% of their total employees.

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What Is Crypto Copy Trading And How Does It Work?

Crypto copy trading enables traders to replicate the trades of expert traders and get over the steep learning curve. Find how crypto copy trading works.

This article discusses what cryptocurrency copy trading is, how it works, its legitimacy and its limitations. It also talks about how a holistic approach to copy trading can play a key role in the evolution of traders.

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I'm Nate Houstman

I'm a blogger, podcaster, and web design and business consultant. Economic freedom is my mission, so I talk about money, entrepreneurship, and I expose the corruption in the financial system.

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