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...I want to recommend Bill Bonner's Hormageddon as strongly as I can. Bill does what a real economist is supposed to do: he describes the way the world actually works. And in the process, debunks all manner of nonsense. This book is an education in
It has been a while since Tepper warned of "nervous time" and told his hedge fund pals "don't be too freakin' long."
A recent Fed paper reports that the Fed's wild money printing orgy has failed to produce much CPI inflation because "consumers are hoarding money". It is said that this explains why so-called "money velocity" is low.
Dream investor Peter Thiel is giving budding scientists a financial leg up, but with a controversial twist.
Apparently dumpster diving is an important life skill for special education students, at least according to some officials at Jurupa Unified School District in Riverside County.
So THIS is where all that money being pumped into the economy is going?lol?yeah..ok. If by hoarding money they mean going further into debt, then yeah
WHO runs the world's most lucrative shakedown operation? Yes, that's right. Of course it's the United States of America, our beloved government doing what it has to do to regulate business so that it meets the great many rules that we demand o
Imagine this scene:
Peter Schiff talked to RT recently and warned the the US housing market is in another bubble that's primed to blow.
Folks, take economic cover.
As regular readers are well aware, when it comes to "more than arms length" equity market intervention in New Normal markets, the New York Fed's preferred "intermediary" of choice to, how should one say, boost investor sentiment aka "protect from a p
It began as an epic family feud with seemingly everyone in New England taking sides. CNN reports, ?The dispute began in June when the company?s board replaced [Arthur T.] Demoulas, who was beloved for his leadership but had long feuded with his cousi
We all complain about gas prices. But some people pay significantly higher prices than others.
Here's How Little You Earn On Stocks After You Pay The Man, Uncle Sam, And The Invisible Hand
Faith that the future will be better than the present is slipping, as despite President Obama's demands that Americans not be "cynics," a new report shows there is a major lack of confidence that the next generation will have it better than the last
? The industry's wages have stagnated at an extremely low level. Restaurant workers' median wage stands at $10 per hour, tips included?and hasn't budged, in inflation-adjusted terms, since 2000. For nonrestaurant US workers, the median hourly wage
3.08 Up 0.01(0.26%) 2:59PM EDT
At the height of the financial crisis in 2008 the U.S. government forced some of the countries largest banks to take "bailout" funds amounting to billions of dollars in order to keep them from going bankrupt.
Someone is gonna be wrong...
The Bank of America Corporation has been ordered to pay a $16.65 billion settlement to the Department of Justice for its role in selling toxic mortgage bonds to Americans before the 2008 financial crisis.
Burger King Flips Obama the Bird; BK, Warren Buffet, Greg Mankiw, Barry Ritholtz, Mish on Corporate Tax Inversion "Fairness".
In this timely article, socionomist Alan Hall explains that a six-year trend toward negative social mood in western Africa created ideal conditions for the Ebola outbreak.
The Status Quo is desperate to mask the declining fortunes of those who earn income from work, and the Misery Index 2.0 strips away the phony facade of bogus unemployment and inflation numbers.
Host:
Ernest Hancock
Stephen Lendman comes on the show to provide an update on Russia, Ukraine, Iran, Iraq - Barry Hess (Libt Candidate for AZ Governor) on yesterday's AZ Primary - Alan Hall (Elliott Wave) talks about his study on authoritarianism (specifically Alan does
"Utility disconnection is always considered a last resort, obviously because of consequences for households," but as Detroit News reports, but water-providers can expect more controversy, as a month-long moratorium against shutting off water...
Few films have managed to convey the feeling of approaching menace more effectively than Jeff Nichols' 2011 drama, 'Take Shelter'.
The pace of new home sales fell 2.4% to an annualized rate of 412,000 units in July.
Not only are government policies putting more people out on the streets, but they are systematically creating an economic and legal environment that does immense harm to those who cannot afford housing. Don't believe me?
The work-to-reward ratio has been in steady decline for decades, but may have shifted decisively and perhaps irreversibly since the bottom fell out in 2008.
The Daily Absolute Demand Index is something I follow, but in the 5 years I have followed this website the chart has never looked like this. Be advised, soft uncontrolled landings at 1,000 MPH do not exist. 2005 equaled 100 on this chart.
