Category: Economics
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Europe’s Sanctions against Russia are backfiring and creating an energy crisis
The European Union is beginning to experience an energy crisis. The countries in Europe who decided to try and punish Russia with sanctions for Russia’s invasion of Ukraine, have really shot themselves in the foot. Europe is very dependent on Russia for oil and gas. When they decided to sanction Russia, Russia is striking back…
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Is it time to start taking Crypto-Currency more seriously?
Crypto-Currency, I am sure all of us have heard about it, but don’t understand it. More and more people I know are investing in it. I have some family members and people from my church are even beginning to invest in crypto-currency. So what is it? De-centralized crypto-currency became open source in 2009. The 1st…
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Inflation: Money is Fleeting, God’s Kingdom is Eternal
For those of us in the United States, all of us are seeing economic inflation and higher prices. None of this is fun. It is a reminder for all us: Christians and Non-Christians we cannot put our trust in money and economies. We live in a very materialistic society that likes to pride itself on…
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20 Years Ago: The United States πΊπΈ Granted Permanent Most Favored Nation Status to Communist China π¨π³
20 years ago, the United States made of of the worst economic mistakes it could make. December 27, 2001, President George W. Bush gave Permanent Most Favored Nation Status to China. George W. Bush had already expressed he wanted to do this while running for president in 1999. In the Republican Primaries, Governor Bush was…
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El Salvador becomes 1st Government to Embrace Bit Coin as a Legal Tender
El Salvador President Nayib Bukele is quite the visionary. This June 2021, the President of El Salvador Nayib Bukele just announced he is going to make Bit Coin a legal tender in their country. El Salvador is the 1st government to officially do this. This is quite historic. https://www.cnbc.com/2021/06/05/el-salvador-becomes-the-first-country-to-adopt-bitcoin-as-legal-tender-.html I myself am no crypto currency…