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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…
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 Johnston: ProShares added a pair of products designed for investors looking to bet on the short term performance of the often volatile financial sector today. Read more…
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…
Michael Snyder: The cracks in the ice are getting bigger. At this point it is really hard to have much confidence in the global financial system at all. They told us that MF Global was an isolated incident. Well, the horrific financial scandal over at PFGBest is essentially Read more…
Michael Snyder: Global leaders have tried just about everything that they can think of, but the coming global financial catastrophe continues to march steadily Read more…
Michael Snyder: We always knew that the financial markets were rigged, but this is getting ridiculous. It is now being alleged that 20 major banks have been systematically fixing global interest rates for years. Barclays has already been fined Read more…
Michael Snyder: If you went out and took a poll of the American people on July 4th (Independence Day) and asked them if they are free, what would the results look like? Of course the results would be overwhelmingly lopsided. Most Americans believe Read more…
Jeff Nielson: There is more outrageous news out concerning the Western banking cabal, the crime syndicate otherwise known as our financial sector. The news was not that these banksters have openly admitted that they willingly/gleefully participated Read more…
EconMatters: What a difference a year has made! About this time last year, the dollar seemed on the brink of disaster amid the debt ceiling debate at U.S. Congress. U.S. CDS spiked 430% in three months, and S&P downgraded the U.S. sovereign debt credit rating Read more…
Diane Alter: Late science fiction writer Ray Bradbury wasn’t referring to investors when he said, “you’ve got to jump off cliffs all the time and build your wings on the way down,” but he might as well have been referring to the upcoming fiscal cliff in 2013. Read more…
Michael Snyder: What is the biggest economic problem that the United States is facing? Very simply, our biggest problem is that we have way too much debt. Over the past Read more…
Diane Alter: Moody’s ratings agency issued five U.S. bank downgrades Thursday and a total of 15 cuts for global institutions, but markets shook off the news. Read more…
Shah Gilani: The markets are rallying, again. Will this time be different? Or is this just another head fake? The truth is the current rally is not surprising given what’s coming out of the G20 meeting, what’s likely to come out of the Fed’s Open Market Read more…
Jeff Nielson: In Part I and Part II we first looked at what a Goldilocks Economy is not, then we looked at the actual characteristics of a Goldilocks Economy. But what does Goldilocks herself really look like? She looks like the Middle Class. Read more…
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