Price inflation is completely out of hand. You know this. Your dog knows it too. Still, President Joe Biden wants you to believe he’s got it all under control. Deficits of $5.9 trillion over the 24 months ending September 30, 2021, and a Fed balance sheet expansion of nearly $5 trillion over the same period, have irrevocably damaged the entire pricing structure of the financial system and the economy. Pre-2020 prices are gone forever.
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Construction of the world’s largest community of 3D-printed homes is expected to break ground next year in Austin, Texas.
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Austria’s chancellor on Friday said that the government would give the go-ahead for a lockdown for unvaccinated people, to be introduced in the two highest-incidence regions from Monday and possibly also nationwide.
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Former Afghani finance minister, Khalid Payenda, says that most of the 300,000 Afghan troops never existed, and were in fact “ghost” solders who were fabricated by corrupt officials who then pocketed their wages, according to the BBC.
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As Covid cases are starting to climb aggressively again in a few European countries – with both Austria and the Netherlands imposing fresh lockdowns – DB’s Jim Reid writes that “here in the UK, where there has been much attention internationally, we have possibly moved into a new phase of the battle against the virus.” Could the same be happening for the U.S.?
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