Goldman Sachs has come out and said president Donald Trump’s tariffs have had a bigger impact on consumer prices than originally thought. Additionally, the bank has said what the rest of us already know: the tariffs are being paid entirely by United States businesses and consumers; not the Chinese government.
When skyscrapers start moving back and forth, that definitely is not a good sign. In recent months, there has been a tremendous amount of seismic activity along the “Ring of Fire”, and a couple of significant earthquakes on Monday got a lot of attention because they happened in very heavily populated areas.
For many who live in Japan, it’s just another day for the country to grow older and deeper in debt. While the International Monetary Fund (IMF) estimates Japan’s debt at roughly 240% of Gross Domestic Product (GDP), an anti-austerity movement there is attempting to make the argument that now is the time to borrow even more money.