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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…
Michael Snyder: The Federal Reserve says that everything is going to be okay. The Fed says that unemployment is going to go down, inflation is going to remain low and economic growth is going to steadily increase. Do you believe them this time? As you will see later in this article, Federal Reserve Chairman Read more…
Michael Snyder: The Democrats, the Republicans and especially Barack Obama promised that something would be done about the too big to fail banks so that they would never again be a threat to Read more…
Michael Snyder: Most Americans have no idea how much economic trouble is heading our way. Most of them just assume that everything will eventually “return to normal” just like it always has before and Read more…
Michael Snyder: Is the U.S. economy going to be okay? Well, if the only source you listened to was the mainstream media, you would be left with the distinct impression that the U.S. economy is heading Read more…
Dominique de Kevelioc de Bailleul: ABC news released a video on its site of Diane Sawyer’s interview with Federal Reserve Chairman Ben Bernanke, aired on Tuesday. Aside from the light moments of the conversation with the veteran journalist of 60-Minutes fame, Bernanke appeared obviously strained, tired and Read more…
Jason Simpkins: No one needs to tell the average American about the impact of oil and gas prices. If they don’t feel it in their wallets every day, they hear about it on the news every night. But surprisingly, amid all the rhetoric, there have been no real answers to some of the key questions driving the energy Read more…
Michael Snyder: Federal Reserve Chairman Ben Bernanke claims that the Federal Reserve averted a second Great Depression by bailing out the big Wall Street banks during the last financial crisis, and he Read more…
Jonathan Yates: With strong exports and a central bank maintaining high interest rates, the Australian dollar has been a top performer in global currency markets – til now. 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…
Martin Hutchinson: It was the most atrocious bubble in U.S. history pushing tens of millions of Americans into financial misery. Even today, the last of the lawsuits have yet to be filed. But five years later it’s finally coming back. Read more…
Michael Snyder: What would happen if the Federal Reserve was shut down permanently? That is a question that CNBC asked recently, but unfortunately most Americans don’t really think about the Fed much. Most Americans are content with believing that the Federal Reserve is just another Read more…
Frank Holmes: After prices fell 10% in December, many investors wondered if the bull market in gold was running out of steam. That was before Federal Reserve Chairman Ben Bernanke swooped in with a “red cape” and fired the bulls back up. Read more…
Larry D. Spears: The U.S. dollar (NYSEARCA:UUP) will start 2012 on an upswing – but don’t let it fool you. What we’re seeing is only a short-term rally inspired by Europe’s travails. In the long-term, the U.S. Federal Reserve‘s loose monetary policy and the United States’ own debt burden will drive the Read more…
Jeff Nielson: Spending as much time as I do writing about the Land of Fraud, I never thought I would see myself using the phrase “maximum fraud” to describe any U.S. market. Each time I thought I had witnessed the apex of human fraud, within a matter of weeks or perhaps months I would witness Read more…
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