Producer Prices Soar to Record Highs in Eurozone as Stagflation Looms
Producer price inflation in the eurozone has soared to a record high in the year through March, according to a new report.
Stagflation
US Economy Abruptly Shrinks as Biden’s Policies Threaten USA with Stagflation
The U.S. economy unexpectedly contracted in the first three months of 2022 according to the Burea of Economic Analysis. They said Gross Domestic Product decreased at an annual rate of 1.4 percent in the first quarter of 2022. Economists had expected the economy to grow 1.1 percent. This is terrible news for President Joe Biden … Read more
Ex-Obama Treasury Counselor Warns Biden Driving America Toward ‘Stagflation’
A top official in former President Barack Obama’s administration has issued an ominous warning that Joe Biden is driving America toward “stagflation.”