Myself, Michael Hudson, John Perkins, and a few others have reported the multi-pronged looting of peoples by Western economic institutions, principally the big New York Banks with the aid of the International Monetary Fund (IMF).
As economic turmoil worldwide becomes increasingly apparent, I have been receiving messages from readers expressing some concerns on the public "perception" of collapse.
Based on today's GDP release, it appears that the US economy is slowing but not near any sort of massive collapse. Peter Schiff begs to differ.
Investors today are focusing on the wrong asset class. Stocks started off the year with one of the worst drops in recent memory. As of this morning the S&P 500 was down over 7% for the year thus far.
---Recession Warnings Flashing Red
Oil can't seem to get a break. After falling just below $27 last week, oil finally rallied back to $32 before falling back to just under $31 on Tuesday.
The Illusion of Safety: Index Funds Are Not Low-Risk ... If the risk-on euphoria of punters borrowing billions of dollars in margin debt doesn't materialize, stocks could languish for years after falling 50%.
And so the final quarter of 2015 is in the history books and we can officially accuse the US Bureau of Economic Analysis of "peddling fiction" about the US recovery, because at a growth rate of 0.69%, the annualized rate of economic growth was the lo
Time Is Running Out For Freeport After Downgrade To Junk And Striking Warning From Moody's
Skyrocketing costs and shrinking opportunity are meeting head on with full on economic disaster. The Dude, Where's My Stuff? generation doesn't have much motivation to go on for growing up and getting their life together these days.
Huge Negative Revisions; Recession Here?
Try getting in shape for a marathon on an all-McDonald's diet... You wouldn't be surprised to come in dead last. After all, you didn't put in much effort. Actually, you went out of your way to make yourself less competitive. So you would expe
Inflation-racked Argentina is preparing to issue larger-denomination banknotes to alleviate critical shortages of cash in the country. What a difference between the Argentine government and most other Western governments, which seek to crack down on
The 50 most violent cities in the world ... Latin America holds the undesirable distinction of having the most cities on the Mexico Citizens Council for Public Security's annual ranking of the world's most violent cities. Of the 50 cities on the list
The sharp sell-off in the stock market has some of Wall Street's top strategists recommending to clients that they buy.
It's not the biggest player on Wall Street in terms of political money. But Goldman Sachs is financial public enemy No. 1 in this year's election campaign.
Mankiw's claim that college costs are the inevitable result of Baumol's Disease is pure self-serving rubbish.
Editor's Note: For years contrarian analysts, researchers and authors have been blaring the warning signal in an attempt to raise awareness of the impending financial, economic and monetary catastrophe.
He has his own TV show on Fox and he is slowly taking over the world's money supply. Who is he? Let's just say that Biblical prophecy is being fulfilled in our time.
Those expecting a bounce in manufacturing following an alleged improvement in the Philadelphia Region were mistaken.
It appears the "manufacturing recession doesn't matter" meme was wrong after all. As Markit notes, the survey data paint an inauspicious start to the year for the US economy.
Social Security funds are drying up…will there be any money left when you retire?
What we can expect will be an increasingly desperate attempt to rob people of their personal wealth. The situation will ramp up to a draconian level. Then, quite suddenly, the crisis will be upon us. The dreaded tanks will run out of fuel - the gover
Americans across the country have been priced out of the U.S. housing market since the "recovery" began due to a combination of factors; stagnant wages, private equity purchases and money laundering foreigners.
The downturn in the US stock market is a problem made in America by the Federal Reserve, argued Peter Schiff on the Daily Ledger. The only question now is when will the Fed restart quantitative easing to ensure the Democrats and Hillary Clinton don
This is the belief of political adviser and author Jeremy Rifkin, who argues the current economic system has become so successful at lowering the costs of production that it has created the very conditions for the destruction of the traditional verti
We have not seen global economic activity fall off this rapidly since the great recession of 2008. Manufacturing activity is imploding all over the planet, global trade is slowing down at a pace that is extremely alarming, and the Baltic Dry Index j
And if history is any guide, then all hell is going to break loose in coming weeks and months. The last time they attempted similar machinations it resulted in a major collapse of global financial markets. But this time is different, right?
The Party In The Global Equity Markets Is Winding Down and "Our moment is coming.. and when that happens we can be humble and gracious or pompous rockstars. When this position - which has been so painful for so long - pays off, resist the urge to say
- Here's The Answer