|
|
Michael Snyder: Federal Reserve Chairman Ben Bernanke delivered his annual address to Congress on Tuesday, and he did very little to give lawmakers much confidence about Read more…
Jeff Nielson: Regular readers of my work know that I have been outlining (and warning people about) two potential economic scenarios; as the West’s terminally-ill economies lurch towards their final collapse. These hollowed-out, debt-saturated economies Read more…
Jeff Nielson: In Part I, we were presented with a mythical “Goldilocks economy”; a contrivance of propaganda where B.S. Bernanke attempted to portray the U.S.’s worsening economic collapse as representing some sort of Golden Age. Read more…
Dominique de Kevelioc de Bailleul: Commodities investor extraordinaire Jim Rogers of Rogers Holdings strongly suggests battening down the hatches, because the global economy is headed for the rocks, taking stocks with it. To protect wealth from a deepening of the mostly Western side of the global depression, Read more…
Michael Snyder: Many people hype “the coming economic collapse” as if it is some kind of big summer Hollywood blockbuster. Many people out there write about it as if it is something that will happen in a single Read more…
Michael Snyder: Another month, another bad jobs report. For the month of May, the U.S. economy only added 69,000 jobs and the unemployment rate rose to 8.2%. Read more…
Michael Snyder: Would you pool your debt with a bunch of debt addicts that have no intention of reducing their wild spending habits? Of course you wouldn’t. But that is exactly what Germany (NYSEARCA:EWG) is being asked to do. Increasingly, “eurobonds” Read more…
Michael Snyder: If you knew that you could live in luxury for the rest of your life but that by doing so it would absolutely destroy the future for your children, your grandchildren and your great- Read more…
Michael Snyder: Is America on the verge of a horrible municipal debt crisis? Unfortunately, the answer is yes. From coast to coast there are an increasing number of cities, towns and counties that are rapidly going broke. Financial analyst Meredith Whitney took a lot of heat when her prediction of a Read more…
Michael Snyder: Ronald Reagan once famously declared that inflation is a tax, but sadly most Americans did not really grasp what he was talking about. If the American people truly understood what inflation was doing to them, they would be screaming bloody murder about monetary policy. Read more…
Jeff Nielson: It has become increasingly difficult to engage in credible economic analysis, especially with respect to the U.S. economy. The problem: ever more limited sources of uncorrupted data, while the farcical “official statistics” have long since been totally divorced from the real world. Read more…
Stoyan Bojinov: The world is always ending, according to someone out there. The current environment is full of those who think the end is nigh–at least for the robust global economy to which we’ve grown accustomed. Let’s suppose that our economy is about to fall off a cliff, resulting in general chaos, Read more…
Michael Snyder: Any financial system that is based on debt is doomed to fail. Today, we are living in the greatest debt bubble that the world has ever seen, and if all of a sudden people could not use credit to buy things our economy would immediately ground to a halt. Unfortunately, no debt bubble can last Read more…
Michael Snyder: If the global economy is not heading for a recession, then why is global shipping slowing down so dramatically? Many economists believe that measures of global shipping such as the Baltic Dry Index are leading economic indicators. In other words, they change before the overall Read more…
Michael Snyder: Have you ever watched a football game or a basketball game where one team dominates the other team so badly that calling it a “blowout” would be a huge understatement? Well, that is what China (NYSEArca:FXI) is doing to the United States. China is absolutely destroying Read more…
Most Comments