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Fitch_Cuts_U.S._Credit_Rating_to_AA

The Fitch Downgrade of U.S. Debt: What You Need to Know…

August 4, 2023 at 6:50 pm

At 5:13 p.m. ET on Tuesday, after the stock market closed, Fitch downgraded the U.S. credit rating from AAA to AA+…

Joe_Biden_Janet_Yellen_Just_Go_Green_Jack

They See It Coming – Fitch Joins S&P to Downgrade U.S. Credit Rating…

August 2, 2023 at 7:49 pm

Collapse is never a sudden occurrence; it is an outcome of gradual erosion over time…

Feather_Floating_in_Air

Investors Go ‘All In’ on the Soft Landing Narrative…

July 31, 2023 at 5:38 pm

Investors have now gone “all in” on the soft landing narrative, just like they did in 1989, 2000 and 2007…

native_born_versus_foreign_born_workers_May

Native-Born Workers Tumble by 369K, As Foreign-Born Workers Soar to Record High in Biden’s Economy…

June 2, 2023 at 6:24 pm

From the looks of the monthly Nonfarm Payrolls data that American workers are getting royally screwed under the Biden economy…

Money_Burning

“The Crisis Is About to Get Much Worse…Jeffrey Sachs…

April 7, 2023 at 7:01 pm

University Professor at Columbia University Jeffrey Sachs spells out what American’s are facing with the incredibly unstable financial system promulgated by the Federal Reserve, central banks, too big to fail banks and the governments in the United States and Europe…

Inflation

CPI Report – Inflation on Food, Fuel, Home Heating and Essentials Continues Growing – Overall Inflation Moderation Now Claimed as Calendar Cycles…

November 10, 2022 at 6:11 pm

The Bureau of Labor and Statistics (BLS) provides the latest data on consumer prices (inflation)…

Chart_Using_BEA_Data_on_Where_Inflation_Is_Coming_From

An Economist’s Chart Goes Viral: Shows Main Source of Inflation Chart Using BEA Data on Where Inflation Is Coming From…

November 7, 2022 at 6:22 pm

On April 21 Josh Bivens posted a titillating analysis on the Working Economics Blog. Bivens has a Ph.D. in Economics from the New School for Social Research and is the Director of Research at the Economic Policy Institute. The blog post was titled: “Corporate profits have contributed disproportionately to inflation. How should policymakers respond?”…

beef_food_shortages_horizon

“Strong as Hell” Economy Is a Mirage of Math…

October 28, 2022 at 3:18 pm

“President” Joe Biden described the US economy as, “Strong as hell,” in a recent sound bite. No one except his most ardent supporters, a vanishingly small number in reality, believes that…

Donald_Trump_Steve_Mnuchin

Steve Mnuchin Is Not Pretending, States U.S. Economy Is Already in Recession…

October 26, 2022 at 7:31 pm

A lot of people didn’t like Steven Mnuchin as Treasury Secretary, I did. Secretary Mnuchin was an inside player, a billionaire himself, who worked for the outside team…

biden_economic_policies_economy_joebama

Bidenomics – Home Values Continue Dropping Quickly, Especially On West Coast – Meanwhile Rents Continue Increasing…

October 25, 2022 at 8:13 pm

As inflation bites the working-class hard, U.S. household savings rates continue dropping fast. When combined with drops in home values the loss in home equity compounds the issue. American families are getting poorer much more quickly under Joe Biden’s economic policies…

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