Michael Snyder: Is the U.S. economy in a recession right now? Has the next recession in the United States already begun? Unfortunately, there are a lot of economic numbers Read more…
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Michael Snyder: The U.S. economy is in a massive amount of trouble. There aren’t enough jobs. There isn’t enough money to go around. Business activity is slowing down again. Household wealth has been falling. Food prices have been rising. Many state and local governments Read more…
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Dominique de Kevelioc de Bailleul: What Zerohedge stated is a “must watch 9 minutes of reality,” Dr. Doom Nouriel Roubini, Monday, broke the bad news about the global economy to Bloomberg News. That day, the day that everyone has been hoping to avoid Read more…
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Michael Snyder: What is the second half of 2012 going to bring? Are things going to get even worse than they are right now? Unfortunately, that appears more likely with each passing day. Read more…
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Michael Snyder: The American Dream is being systematically destroyed right in front of our eyes and most Americans don’t even realize what is happening. In the old days, if you were a hard worker and you played by the rules you could always find a good job. Read more…
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Dominique de Kevelioc de Bailleul: Gold and silver investors watching metals prices move back down near to the Dec. 29 lows of $1,523.90 and $26.15, respectively, should seriously consider accumulating the metals now. The ‘Big Reset’ of the global financial, slated Read more…
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Larry Edelson: Martin and Larry here, with an urgent report on the next, explosive stage of the European crisis now unfolding before your eyes … Yesterday’s election in Greece is just one chapter in this saga. Read more…
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Martin D. Weiss: Even as I write these words, the world’s largest economy — the E.U. — is coming unglued at the seams. The world’s second largest — the U.S. — is careening headlong toward a fiscal cliff that promises to gut its GDP. Read more…
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Daily Capitalist: I want to make sa few points briefly. First, if you haven’t, please read Dr. Davis’ discussion of our economic data two posts below this (or click HERE). He documents that economic times remain difficult, in line with the Gallup.com polling data I have frequently Read more…
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Dominique de Kevelioc de Bailleul: Octogenarian and 53-year financial markets veteran from Loyola, California, Richard Russell, announced it’s time to get out of stocks—pronto! The market expects a Greek exit of the EMU and further trouble from the other PIIGS, according to him. Read more…
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Dominique de Kevelioc de Bailleul: The financial indicator that traders have watched most for a sign of another Lehman-like swan dive in stocks has suddenly inched to the edge of the abyss in overnight trading. Read more…
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Dominique de Kevelioc de Bailleul: Wall Street’s old guard of economists tell us the U.S. economy is recovering. However, famed commodities trader Jim Rogers disagrees. In fact, Rogers is betting the U.S. economy tanks in the Read more…
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Dominique de Kevelioc de Bailleul: Speaking with the Wall Street Journal on Friday, commodities trader Jim Rogers of Rogers Holdings said riots such as the ones witnessed in Greece and reported as widespread in China will hit the United States and again in Europe as the next leg down in the financial crisis takes Read more…
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Dr. John Chapman: What is Chairman Bernanke So Concerned About? As the Federal Reserve staff prepares for this week’s meetings of the Open Market Committee, it is worth taking stock of the current situation from Fed Chairman Ben Bernanke’s perspective, now three years into economic recovery. Read more…
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Michael Snyder: The human capacity for self-delusion truly is remarkable. Most people out there end up believing exactly what they want to believe even when the truth is staring them right in the face. Read more…
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