You can’t find lazier people than in the mainstream financial press, but their exuberant cheerleading about the purported 5.2% gain in the real median household income in 2015 surely was a new high in mendacity…
Harvard Crushes The “Obama Recovery” Farce With 9 Simple Charts…
In a recent study entitled “Problems Unsolved and a Nation Divided” Harvard University points out that, despite claims of an “Obama Recovery,” in fact, the U.S. economy has continued to deteriorate…
The Central Banks Are Now Ready To Launch Their ‘Brave New World’…A Must Read…
The latest Federal Reserve meeting in Jackson Hole, Wyoming, is over and so far it would seem that the general investment world is not too happy about Janet Yellen’s statements…
Fed Admits Another $4 Trillion In QE Will Be Needed To Offset An “Economic Shock”…
In a Fed Staff working paper released over the weekend titled “Gauging the Ability of the FOMC to Respond to Future Recessions” and penned by deputy director of…
U.S. Economy – Something is not Right…
Something very strange has recently happened with the national manufacturing ISM data. Not only are they regularly at odds with the PMI data released by Markit, but they…
The Fed Is Preparing For Negative Rates – Here’s The Sign Everyone Missed…
I think it’s possible that the Fed will push rates below zero when the next recession arrives…
Ford Plunges After Warning “We Don’t See Growth”, Warns U.S. Auto Industry “Has Plateaued”…
The reason Ford stock is plunging this morning is not so much the company’s earnings miss…, CEO Mark Fields laid out a very gloomy picture of the future…
IMF Admits Brexit Won’t Cause Recession, Proving Its Critics Right…
After saying that leaving the European Union could trigger a UK recession, the International Monetary Fund now expects the British economy to grow by 1.7 per cent this year…
Rearranging The Deck Shares——Central Banks Inflating Massive Debt Bubble Even Further…
While Central Banks continue to “rearrange deck chairs” by shuffling bad debt around the globe and fostering continued bailouts of banks and hedge funds, the “ship is still slowly sinking”…
Greenspan Warns A Crisis Is Imminent, Urges A Return To The Gold Standard…
“If we went back on the gold standard and we adhered to the actual structure of the gold standard as it exited prior to 1913, we’d be fine”…
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