London, England – The Dow up 95 points yesterday. Gold flat. “Investors start to fret over renewed threat of stagflation,” says a headline in today’s Financial Times. You remember stagflation from the ’70s. Prices rose. The economy didn’t. I
Blackrock's Larry Fink who manages over $3 trillion, and is the world's biggest asset manager, appeared on Bloomberg TV in an interview with Erik Schatzker, and the first thing he said is that the "market likes totalitarian governments."
Meanwhile the completely phony “Birth/Death” model went from subtracting 339,000 jobs in their annual correction last month to adding 112,000 jobs this month. That is a 451,000 swing from one month to the next with just this model...
Did anyone out there anticipate that 2011 would be such a wild year? The year is barely over two months old and we have already seen multiple civil wars erupt, rumors of more wars all over the mainstream media (potentially even including the US)...
The biggest crises of modern days has so far been the Yom Kippur War with a total loss of 5 million mmb/d resulting in a 350% increase in the price of oil 6 months following, should the Libyan crisis escalate and impact even half of Saudi production.
The Gallup organization dug into the statistics of the latest federal jobs report and came up with very disturbing numbers. Despite the fact that the major media outlets are trumpeting that the February 2011 national unemployment number has dropped t
We talk a lot about self-reliance in our daily conversations, as well as in our premium service. It’s an incredibly important concept– our civilization is based on an array of complex systems upon which just about everyone depends, yet only a few men
Africa needs the help of wise institutions like the World Bank.
44 Million Americans On Food Stamps and 10 Other Reasons Why The Economy Is Simply Not Getting Better
Self-Reliance, You need the ultimate manual, says Simon Black - Protocols of the Learned Elders of Arabia, Justin Raimondo on the latest neocon lie - Empire of Lies - The Revolution in Libya - Ben, Stop Depreciating the Dollar, Ron Paul schools Berna
At what point can one call the chart below parabolic? What can we say but BTFD, if you see one.
Wonder why the unemployment rate is at an artificially low 8.9%? Three simple words: Labor Force Participation. At 64.2%, it was unchanged from last month, and continues to be at a 25 year low.
Because of an unusually large federal revision of Arizona's job counts and unemployment rates, the state Department of Commerce said Arizona has at least 40,000 fewer jobs than it had previously reported.
The pension funds for state and local workers in the United States are understating the amount they will owe workers by $1.5 trillion or more, according to some economists who have studied the issue, meaning that the benefits are much costlier than m
Mary Coyle Ol' Fashion Ice Cream and Yogurt parlor, one of Phoenix's oldest restaurant landmarks, may close before summer.
On one hand we have the Department of Truth about to tell tomorrow that NFP based on various seasonal and birth death adjustments increased by 250,000. On the other hand, we have Gallup which actually does real time polling without a propaganda bias.
This news was initially reported by Patriot News Radio, which you can listen to in this video clip. While the information is true and current as displayed on the U.S. mint page here, it is not anything new. The Mint has not sold uncirculated American
Why does everyone whine about an unemployment rate just over 9 percent? Doesn’t that mean that the employment rate is at 91 percent? That’s pretty high in my book.
As the story goes, someone asked an economist how his wife was doing, and the economist answered "compared to what?"
It is no surprise that on Charles Ponzi day, the update to food stamp usage indicates that in December those receiving an average of $134 per month has just hit 44.1 million people.
Employers in the U.S. announced more job cuts in February than in the same month last year, led by a surge at government agencies.
The US standard of living could drop 25 percent if the dollar loses its standing as the world's reserve currency, investor Sam Zell told CNBC.
Household income has not recovered above that, and if you use the CPI-U it shows that household income today is below where it was in 1973. Again, the average household has not been able to keep up here.
So, you thought the economic crisis we are currently experiencing was caused by loose monetary policy, loose economic regulation, or just plain loose morals by the likes of Goldman Sachs and associated plutocrats? Wrong!
The shock from higher oil prices can have some near term impacts but it also works with a lag of about a year. For instance, he points out that the personal saving rate typically declines as consumers respond to gasoline price spikes.
According to Challenger, layoffs spiked in February to an 11-month high. It was the first year over year increase since May 2009.
Employment is increasing eh? Hmmmm...... not according to the household survey. Not the claims of employers, but rather those of people doing the actual working.
As we all know, February is Black History Month. Have you ever wondered why there is no WHITE History Month? Or just AMERICAN History Month? Nah, I guess that would be considered RACIST, right? But, as I so often do, I digress. February is Black
It was just earlier this week that a bunch of irrelevant confidence trackers said that US consumer confidence had hit 3 year highs. Oddly enough, ground data not only does not confirm this data, but says it is merely more baseless propaganda.
Islamic militants, China, Russia, Iran, Hugo Chavez, Santa Claus, The tooth fairy, Barney the purple dinosaur – anyone and everyone is to blame, according to the Pentagon, except for the real financial terrorists still running the Federal Reserve and