US Says Kyiv Embassy Remains Open as Russia Warns Major Attack Could Start at Any Time

Financial Repression: How The US Government Will Quietly Confiscate Your Wealth Authored by Nick Giambruno via InternationalMan.com, When I first heard the term “financial repression,” I thought it had to be a joke. Why would governments and central banks use a term with such a negative connotation? Even people who are financially illiterate can understand that financial repression is a bad thing. Simply put, financial repression is a strategy governments use to reduce their debt burden by manipulating interest rates below inflation. It allows them to borrow in dollars and repay in dimes. Here’s how the IMF...

New York's Millionaire Exodus Is Costing Billions In Lost Revenue Mayor Zohran Mamdani stood outside Ken Griffin's $238 million Manhattan penthouse in April and declared victory. "When I ran for mayor, I said I was going to tax the rich. Well, today we're taxing the rich," he said in a social media video marking the debut of New York City's first pied-à-terre tax, an annual fee on luxury properties worth more than $5 million whose owners do not live in the city full time. He promised the tax would raise...