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The United Kingdom is on track to become a fully cashless nation by 2035 as more and more adults, spurred on by government incentives, resort to using digital payment options. In 2012, around 60 percent of all transactions in the U.K. were still conducted using physical currency. At this rate, by the end of the decade […] ....
Number of homeless people in Los Angeles County surges to more than 75,000 07/05/2023 // Laura Harris // 930 Views Tags: big government , Bubble , ....
The reported tax revenues of New York and California are reeling as more and more people flee their respective states for more low-tax locales like Florida and Texas, both of which are consequently seeing surges in tax revenues. This is according to data compiled by the Urban-Brookings Tax Policy Center, a Washingt0n, D.C.-based think tank which […] ....
Eswar Prasad, a Cornell University professor, has warned that central bank digital currencies (CBDCs) – with their expiry dates and restrictions on “less desirable” purchases – could lead economies to a much dark path. Prasad issued the warning during the 14th Annual Meeting of the New Champions hosted by the World Economic Forum (WEF). During one of […] ....
To counteract the shortage of worker personnel, Germany needs 1.5 million immigrants a year, claims German economist Monika Schnitzer, who heads the influential German government’s Council of Experts. (Article by John Cody republished from RMX.news) She also asserts that skilled workers don’t necessarily have to know German. Instead, it is more important that employees at Germany’s government […] ....