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Michael Snyder: If you were hoping for a recession in 2012, then you are going to be very happy with the numbers you are about to see. The U.S. economy is heading downhill just in time for the 2012 election. Retail sales have fallen for three months in a row for the first Read more…
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…
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: Back in 2005, even prior to being named Chairman of the Federal Reserve, B.S. Bernanke uttered the first of his Three Great Lies: the U.S. had a “Goldilocks economy”; where markets would keep going higher and higher forever, and the dreaded “R” word (recession) Read more…
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…
Jeff Nielson: In writing about the relentless collapse of Western economies, I frequently point to “forty years of plummeting wages” for Western workers, in real dollars. However, where I have been remiss is 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…
Dominique de Kevelioc de Bailleul: Trends Research Institute Founder Gerald Celente forecasts a pop in the much-heralded U.S. recovery. The U.S. consumer cannot continue to borrow and lead the U.S. out of its economic woes, he added. The consumer bubble, he said, is about to pop, “soon.” Read more…
Michael Snyder: Not so fast. Those that are publicly declaring that an economic recovery has arrived are ignoring a whole host of numbers that indicate that the U.S. economy is in absolutely horrendous shape. The truth is that the health of an economy should not be measured by how well the stock market 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 Harding: Every time we see oil prices go up we hear that it will cause inflation and/or the economy will go into the tank. Read more…
Sy Harding: Kudos to central banks. The eurozone debt crisis produced two years of fears that it would result in financial collapse and a severe recession in Europe (NYSEArca:VGK) that would spread Read more…
Sy Harding: As I have often written over the last 25 years, the Federal Reserve has a lousy record of almost always being woefully behind the reality curve at important turning points in economic Read more…
Sy Harding: I’ve been writing some quite optimistic and positive columns since October, quite a contrast to the negativism I was exuding last April in explaining why I expected a significant market Read more…
Michael Snyder: Everywhere you turn these days, someone is proclaiming that the economy is improving. Barack Obama is endlessly touting the “improvement” in the economy, the mainstream media is constantly talking about “the economic recovery” and an increasing number of Americans seem Read more…
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