When the U.S. consumer is in healthy financial shape, the outlook for the U.S. economy is generally positive. But just like we witnessed prior to the Great Recession of 2008 and 2009, when the U.S. consumer is not in healthy financial shape, bad things tend to happen. Unfortunately, the numbers are telling us that current conditions are eerily...
Today, The Two Mikes spoke with Gordon Oliver from Cambridge Credit Counseling for an update on America’s economic situation. Mr. Oliver explained that the economy continues to struggle and, in some sectors, decline. He thought that Americans are beginning to catch on that there is a lot of talk going on about plans to improve the economy, but the fact is that almost nothing...
The Joe Biden Regime is intentionally destroying the U.S. Economy. The push for minimum wage increases combined with massive amounts of inflation combined with printing money combined with supply chain issues combined with the out-of-control gas prices combined with grocery bills almost doubling have created an almost irreversible push towards an economic Great Reset. Ira Bershatsky is Our...
Today, The Two Mikes spoke with Mr. Anthony Mongiello, who owns the Formaggio Cheese Company located in Hurlyville in Sullivan County upstate New York. Mr. Mongiello’s company produces Italian specialty cheeses that are available everywhere. In 1982, when he was beginning to build a pizzeria business in New York City he experienced a baking mix-up and ended up...
A car market crash of epic proportions is already in motion, according to new data released by Manheim Market Insights and Cox Automotive. In June, car prices faced a record drop, marking the end of two years of hefty increases. Used vehicles saw the biggest monthly declines since the pandemic boom, while new cars are about to plummet...
Hundreds of Burger King restaurants in the United States are going to disappear in the months ahead as the company reports the bankruptcy of some of its biggest operators. A series of challenges are threatening its empire as one of the largest fast food chains in America and the world right now. New data reveals that Burger King...
Today, Gordon Oliver from the non-profit Cambridge Credit Counseling joined The Two Mikes for a second discussion about ways in which people with limited economic adaptability can cope with the drastic and crippling economic pain that the Biden Administration is now so joyfully inflicting on non-elite Americans Mr. Oliver wanted to point out that polls show that...
The Netherlands has been chosen as a pilot area in the EU to be climate neutral with a transition in protein food and a transformation of healthcare into a telemedicine, data, and AI-driven connected system approach led by Public Private Partnerships. A closure of 55-70 percent of traditional farming is foreseen to be replaced by tech-driven vertical farming,...
Major changes are already taking place at US grocery stores, and during the fall and winter, many grocery essentials will become priceless as demand soars but supplies don't keep pace. We haven't seen the worst of food inflation, and big companies like Oreo maker Mondelez are still announcing price increases for the second half of 2023. Lots of...
If it seems like every grocery trip is costing more and the quantity of food that comes home is getting smaller, that impression might be accurate. The cost of grocery staples is so high that it has increased by more than three or four times the rate of general inflation, according to new data from Statistics Canada. The latest...
