Mortgage applications to purchase a home drop to lockdown lows. “Bad Time to Buy” hits record amid sky-high prices, spiking mortgage rates. refinance mortgage applications collapsed to the lowest since the year 2000. This just keeps getting worse: Applications for mortgages to purchase a home dropped 7% for the week, and were down 21% from […]
https://pricklypear.news/wp-content/uploads/iStock-177735411-scaled.jpg17072560Wolf Richterhttps://pricklypear.news/wp-content/uploads/logo_2023.pngWolf Richter2022-06-13 02:00:512022-06-13 09:37:32Housing Bubble Ready to Pop
After both the Federal Reserve and the Biden Administration suggested that inflation, was “transitory”, inflation has gotten much worse and is now embedded in much of the price structure. The Biden Administration denies any role in causing inflation by spending hugely, gunning the money supply, and restricting energy output. Instead, it tends to blame Putin […]
https://pricklypear.news/wp-content/uploads/recession-ahead.jpg318543Neland Nobelhttps://pricklypear.news/wp-content/uploads/logo_2023.pngNeland Nobel2022-06-12 02:00:312022-06-09 15:25:54World Bank Sees Stagflation for Several Years
And why are so many advocates of liberty deeply concerned about them? Klaus Schwab and a growing list of powerful global economic and political elites, including BlackRock CEO Larry Fink and President Joe Biden, have recently committed to a global “reset” of the prevailing school of economic thought. They seek to supplant the entrenched […]
The simple truth is, that there are fewer people who want to bring kids into the world. Though the reasons are diverse, 44 percent of non-parents between 18 to 49 say it is not at all likely they will procreate. Elon Musk recently tweeted, “population collapse is the biggest threat to civilization.” The tweet […]
Over the last few decades, no force on earth has been able to halt the explosive growth of US federal debt. At the conclusion of WWII, fiscal conservatives were aghast that our national debt had ballooned to $259 billion. By the end of the Vietnam war it stood at $533 billion and, despite urgent warnings, […]
https://pricklypear.news/wp-content/uploads/piggyflag.jpg338507Thomas C. Pattersonhttps://pricklypear.news/wp-content/uploads/logo_2023.pngThomas C. Patterson2022-06-11 02:05:022024-01-17 10:22:42A Balanced Budget Constitutional Amendment May Be Our Only Hope.
Germany’s new Chancellor Olaf Scholz’s government vice chancellor and economic minister Robert Habeck, a leading member of his country’s Green Party, has experienced a rude lesson regarding the disastrous consequences of his years of naïve opposition to fossil fuels. After tasking his top officials to assess the energy security implications of Germany’s dependence on Russian supplies […]
https://pricklypear.news/wp-content/uploads/germany-went-totally-green-too-quickly-800x534-1.jpg534800Larry Bellhttps://pricklypear.news/wp-content/uploads/logo_2023.pngLarry Bell2022-06-10 02:00:132022-06-08 09:16:44Germany’s Green Energy Fixation Should Teach U.S. a Lesson
A global food crisis is looming, so policymakers everywhere need to think hard about how to make food cheaper and more plentiful. That requires making a commitment to producing more fertilizer and better seeds, maximizing the potential offered by genetic modification, and abandoning the rich world’s obsession with organics. Russia’s brutal war in Ukraine is making […]
https://pricklypear.news/wp-content/uploads/bread-1536x975-1.jpg9751536Bjorn Lomborghttps://pricklypear.news/wp-content/uploads/logo_2023.pngBjorn Lomborg2022-06-09 02:00:272022-06-06 10:01:39How to Alleviate the Looming Global Hunger Crisis
Push a sympathetic message. Drum up a bunch of misguided support. And then aim for a ridiculous tax increase. That was the strategy from Red4ED after it launched a little over four years ago. In that spring of 2018, the color red was popping up all over the place—from Facebook profile pictures to protests at the […]
https://pricklypear.news/wp-content/uploads/azfec-burning-money-980x785-1.jpg785980Arizona Free Enterprise Clubhttps://pricklypear.news/wp-content/uploads/logo_2023.pngArizona Free Enterprise Club2022-06-08 02:05:152022-06-05 11:30:40Red4ED Is One of the Most Expensive Failures in Arizona Political History
The Federal Reserve is finally taking a tougher stance on inflation. The Federal Open Market Committee (FOMC) raised its federal funds rate target by 50 basis points in May. It will likely raise its target by another 50 basis points when it meets in June—and then again in July. Fed Chair Jerome Powell has acknowledged there “could be some […]
https://pricklypear.news/wp-content/uploads/fed-1.jpg508800William Lutherhttps://pricklypear.news/wp-content/uploads/logo_2023.pngWilliam Luther2022-06-08 02:00:442022-06-05 10:17:20When Did The Fed Change Its Tune?
Efforts to cease the use of crude oil could be the greatest threat to civilization’s eight billion people. The Stockholm+50 in Stockholm, Sweden, will commemorate the 1972 United Nations Conference on the Human Environment and celebrate 50 years of failed global environmental action. The meetings on June 2nd and 3rd will follow months of consultations and […]
https://pricklypear.news/wp-content/uploads/co2-small.jpg380420Ronald Steinhttps://pricklypear.news/wp-content/uploads/logo_2023.pngRonald Stein2022-06-08 01:58:172022-06-06 08:41:50Stockholm+50 Attendees Need[ed] to Address the Impact on the World Without Fossil Fuels
Housing Bubble Ready to Pop
/in Economy, Featured/by Wolf RichterMortgage applications to purchase a home drop to lockdown lows. “Bad Time to Buy” hits record amid sky-high prices, spiking mortgage rates. refinance mortgage applications collapsed to the lowest since the year 2000. This just keeps getting worse: Applications for mortgages to purchase a home dropped 7% for the week, and were down 21% from […]
World Bank Sees Stagflation for Several Years
/in Economy, Featured, Politics/by Neland NobelAfter both the Federal Reserve and the Biden Administration suggested that inflation, was “transitory”, inflation has gotten much worse and is now embedded in much of the price structure. The Biden Administration denies any role in causing inflation by spending hugely, gunning the money supply, and restricting energy output. Instead, it tends to blame Putin […]
What are ESG Scores?
/in Culture War, Economy, Environment, Liberty, National Security, Politics/by Neland NobelAnd why are so many advocates of liberty deeply concerned about them? Klaus Schwab and a growing list of powerful global economic and political elites, including BlackRock CEO Larry Fink and President Joe Biden, have recently committed to a global “reset” of the prevailing school of economic thought. They seek to supplant the entrenched […]
Weekend Read: 5 Reasons America’s Birthrate Is Plummeting
/in Culture War, Economy, Education, Featured, Healthcare, Liberty, Life Advocacy, Politics/by Hannah CoxThe simple truth is, that there are fewer people who want to bring kids into the world. Though the reasons are diverse, 44 percent of non-parents between 18 to 49 say it is not at all likely they will procreate. Elon Musk recently tweeted, “population collapse is the biggest threat to civilization.” The tweet […]
A Balanced Budget Constitutional Amendment May Be Our Only Hope.
/in Economy, Featured, Liberty, National Security, Politics/by Thomas C. PattersonOver the last few decades, no force on earth has been able to halt the explosive growth of US federal debt. At the conclusion of WWII, fiscal conservatives were aghast that our national debt had ballooned to $259 billion. By the end of the Vietnam war it stood at $533 billion and, despite urgent warnings, […]
Germany’s Green Energy Fixation Should Teach U.S. a Lesson
/in Culture War, Economy, Environment, Featured, Politics/by Larry BellGermany’s new Chancellor Olaf Scholz’s government vice chancellor and economic minister Robert Habeck, a leading member of his country’s Green Party, has experienced a rude lesson regarding the disastrous consequences of his years of naïve opposition to fossil fuels. After tasking his top officials to assess the energy security implications of Germany’s dependence on Russian supplies […]
How to Alleviate the Looming Global Hunger Crisis
/in Culture War, Economy, Environment, National Security, Politics/by Bjorn LomborgA global food crisis is looming, so policymakers everywhere need to think hard about how to make food cheaper and more plentiful. That requires making a commitment to producing more fertilizer and better seeds, maximizing the potential offered by genetic modification, and abandoning the rich world’s obsession with organics. Russia’s brutal war in Ukraine is making […]
Red4ED Is One of the Most Expensive Failures in Arizona Political History
/in Economy, Featured, Liberty, Politics/by Arizona Free Enterprise ClubPush a sympathetic message. Drum up a bunch of misguided support. And then aim for a ridiculous tax increase. That was the strategy from Red4ED after it launched a little over four years ago. In that spring of 2018, the color red was popping up all over the place—from Facebook profile pictures to protests at the […]
When Did The Fed Change Its Tune?
/in Economy, Featured, Politics/by William LutherThe Federal Reserve is finally taking a tougher stance on inflation. The Federal Open Market Committee (FOMC) raised its federal funds rate target by 50 basis points in May. It will likely raise its target by another 50 basis points when it meets in June—and then again in July. Fed Chair Jerome Powell has acknowledged there “could be some […]
Stockholm+50 Attendees Need[ed] to Address the Impact on the World Without Fossil Fuels
/in Economy, Environment, Featured, Healthcare/by Ronald SteinEfforts to cease the use of crude oil could be the greatest threat to civilization’s eight billion people. The Stockholm+50 in Stockholm, Sweden, will commemorate the 1972 United Nations Conference on the Human Environment and celebrate 50 years of failed global environmental action. The meetings on June 2nd and 3rd will follow months of consultations and […]