October 1, 2021

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The United States government is running out of money. Congress passed a temporary stopgap spending bill that prevented the government from shutting down. But the crisis that the government faces is not resolved, and the question remains whether the debt ceiling can be raised.

We are seeing rising commodity prices along with labor shortages. Economists are openly warning that this could lead to a stagflationary crisis similar to that of the 1970s.

The nuclear submarine crisis between France, the U.S. and Australia has finally abated. Is France angry simply because it has lost a major order? The situation is not that simple.