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The Best in Alternative News

The Next American Car Recession Has Already Started…

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These should be boom times for Detroit. Unemployment is at a half-century low, gasoline is cheap and auto sales in the U.S. were near record levels last year. Yet American automakers are  closing factories, cutting  shifts and laying off  thousands of workers. The industry is behaving like a recession has arrived. In one segment of the market, it has. Detroit is in the grips of […]

Peter Schiff: We’re in a house of cards that the Fed built…

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Economic analyst Peter Schiff, who accurately predicted the 2008 recession said recently that we are not in a bear market. Instead, “we’re in a house of cards that the Fed built.” Schiff is referring to the Federal Reserve, the United States’ central bank that answers to no one, has no competition, and has been responsible […]

14,889,930,106,680 Reasons to Fear Recession…

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Traders and investors will be glad to see the back of 2018. It’s been the worst rout since 1901, by Deutsche Bank AG’s reckoning, with almost every asset class delivering losses. These charts illustrate the backdrop to what went wrong this year — and hint at what could go better in 2019. $14,889,930,106,680. That’s how […]

“This is where the next financial crisis will come frome”…

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In an extensive, must read report published on Monday by Duetsche Bank’s Jim Reid, the credit strategist unveiled an extensive analysis of the “Next Financial Crisis”, and specifically what may cause it, when it may happen and how the world could respond assuming it still has means to counteract the next…

The Federal Reserve Is Setting America Up for Economic Disaster…

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I recently had the opportunity to read “The Creature from Jekyll Island” by G. Edward Griffin, a prodigious tome dealing with the circumstances surrounding the creation of the U.S. Federal Reserve System. I was taken aback by some of its provocative assertions…

“The Retail Bubble Has Now Burst”: A Record 8,640 Stores Are Closing in 2017…

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The devastation in the US retail sector is accelerating in 2017, and in addition to the surging number of brick and mortar retail bankruptcies, it is perhaps nowhere more obvious than in the soaring number of store closures. While the shuttering of retail stores has been a frequent topic on this website, most recently in […]

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