Socialist Venezuela’s inflation rate is on track to hit a whopping one million percent. As if the government there hasn’t already destroyed a once thriving economy with their force and coercion flinging the population into poverty, the continual rise in inflation will only mean people will have to live in even worse conditions; if that’s possible.
Iranian President Hassan Rouhani told a cheering crowd of thousands Tuesday that if any country decides to betray the 2015 nuclear deal, there will be “severe consequences.” Although Rouhani didn’t specifically name the United States, he did say that Tehran is “prepared for all possible situations.”
According to a Societe Generale strategist Albert Edwards, a trade war would bring about a financial crisis a lot sooner than anyone expected. Edwards has warned in the past that currency devaluation could spark an economic recession worse than 2008, and now he’s sounding the alarm about Donald Trump’s trade policies.
By: Jay Syrmopoulos/The Free Thought Project Detmold, Germany – An 89-year-old German woman was sentenced to 14 months in prison for incitement of racial hatred after losing an appeal on a prior conviction. Ursula Haverbeck, often referred to in the German press as the “Nazi Grandma,” is known for extremist views that have run afoul of […]