The World Economic Forum meeting this week brings together people who believe that they, and they alone, have the right to fundamentally restructure human civilization. They don’t realize that they’re dupes in a bigger game.
US credit card balances hit a record in the third quarter as banks offered more cards to consumers with less-than-stellar credit ratings. Meanwhile, subprime auto loans hit their highest delinquency rate in ten years.Continue Reading
A new study finds that only 29% of American adults believe the Bible should be the foundation for determining right and wrong. 42% say “what you feel in your heart” should be the main determinant of moral values.Continue Reading
The World Economic Forum has posted a video to its website arguing for a “post-growth economy,” which is a nice way of repeating its infamous claim that by 2030, you’ll own nothing and be happy.Continue Reading
The Federal Reserve Bank plans to launch a new settlement system called FedNow by next summer. While it’s not blockchain-based, like cryptocurrency, it would route credit and debit card transactions through the Fed—meaning instant government records of card purchases.Continue Reading