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This Is Why the Middle Class Is Dying
• https://www.lewrockwell.com, By Bill BonnerOUZILLY, France – First, some travel advice…
Contents Pages by Subject
Economy - Economics USA
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GDP Estimates in Free-Fall: FRBNY Nowcast 2.26% for 3rd Quarter, 1.22% for 4th Quarter
• https://mishtalk.com, mishgeaLast Friday the FRBNY Nowcast was in a blackout period because of the FOMC meeting on Wednesday.
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Why The Coming Wave Of Defaults Will Be Devastating
• by Charles Hugh-SmithWithout the stimulus of ever-rising credit, the global economy craters in a self-reinforcing cycle of defaults, deleveraging and collapsing debt-based consumption.
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Do Higher Rates Cause Inflation? … And Does It Really Matter?
• http://www.thedailybell.comMonetarists Are Out of Ideas … Steve Williamson of the Federal Reserve Bank of St. Louis for the past three years or so has been trying to convince the macroeconomics world to consider a bold new theory -- that central bank policy works in reverse
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Central Banks Continue Their Debasement
• http://www.thedailybell.comA heavily divided Federal Reserve left short-term interest rates unchanged but said the case for a rate increase "has strengthened", in a strong signal that a move is likely before the end of the year … Three out of 10 of the US central bank'
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The US government is about to lose its #1 lender
• https://www.sovereignman.com, Simon BlackYesterday I told you how the US federal debt level is expanding at its fastest rate since the financial crisis.
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With Housing Costs Sky-High, the Commune Makes a Comeback
• http://www.realtor.com, By Clare TrapassoSeveral years ago Aurora DeMarco, 53, was having health problems. The divorced masseuse and hospice care provider was stressed, depressed, and overwhelmed by all the upkeep of her three-bedroom condo in the tony Brooklyn neighborhood of Park Slope, k
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The terrifying signs of a looming housing crisis
• http://nypost.com, By Yoav GonenThe number of New Yorkers applying for emergency grants to stay in their homes is skyrocketing -- as the number of people staying in homeless shelters reached an all-time high last weekend, records show.
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$195 Billion Asset Manager: "The Time Has Come To Leave The Dance Floor"
• zerohedge.com by Tyler DurdenWe find it surprising how, having covered the unprecedented growth in US corporate debt over the past few years, which has more than doubled from $2 trillion at around the time of the financial crisis to approximately $6 trillion currently...
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Emerson and Hitler in the Marketplace
Paul RosenbergI really hate using Hitler quotes these days; people take them as ultimate slams, rather than illuminating thoughts from a bad guy. But that said, Adolph did make a very clear and useful statement when he said this: I have not come into this world to
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The US 'Recovers' While a Global Financial Catastrophe Looms
• http://www.thedailybell.comSlate is ecstatic over the latest economic news, believing that the US is on the road to recovery. This is incorrect, though. The US and the world are on the way to the largest economic disaster ever faced.
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BERNANKE: NEGATIVE INTEREST RATES FOR NEXT GREAT RECESSION
• https://www.youtube.comZero Hedge reports Two months after Bernanke's unexpected trip to Japan failed to unleash the "helicopter money" many expected his visit to the BOJ would deliver, Bernanke is back with another shocking policy appeal, this time not as a result of a tr
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The number of new businesses in the US is collapsing --
• Business Insider by Bob Bryan-- and that's disastrous news for the economy
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USA Watchdog Interview: Current Stock And Bond Bubbles Much Worse Than 1929
• davidstockmanscontracorner.com By David StockmanEconomic expert and best-selling author David Stockman offers a dire view of the deep financial trouble America faces in his new book titled "Trumped!"
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Economist Magazine Reports on Multinational Threat But Misleads on Solutions
• http://www.thedailybell.comA giant problem The rise of the corporate colossus threatens both competition and the legitimacy of business … DISRUPTION may be the buzzword in boardrooms, but the most striking feature of business today is not the overturning of the established
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PREPARE! ECONOMIST WARNS OF PERFECT STORM BREWING THAT WILL ...
• http://nextnewsnetwork.comOBLITERATE THE GLOBAL ECONOMY . Lana Clements for Express UK reports A PERFECT market storm is brewing and it's going to leave economic carnage in its wake, a finance expert has warned. Investors should prepare for world stock markets to sink by
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'Be Worried: Serious Economic Crisis on Horizon'
• https://www.lewrockwell.comInvestor Jim Rogers has some sobering words on the future of the global economy. Even though the leading oil producers are working on price stabilisation, he warns another significant economic crash could be on the cards within a couple of years.
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"Fast Money" Interview On CNBC----A New Sheriff In Washington Could Mean A Panic On Wall S
• davidstockmanscontracorner.com by David StockmanDavid Stockman, former OMB director, discusses why he thinks chaos caused by a Donald Trump presidency would be good for the economy.
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America's Wage Disadvantage and What to Do about It
Menckens GhostThe United States has a huge disadvantage in labor costs relative to much of the world, especially compared to China, the Subcontinent, and Latin America, all of which have substantially lower labor costs. Japan and Europe have a similar disadvantag
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Retail Sales Growth Tumbles To 6 Month Lows, Stuck In Recession Territory
• http://www.zerohedge.comHaving warned that retail sales could be weak (based on BofA's credit card data), year-over-year growth in retail sales rose just 1.9% (its weakest since March's plunge) and worryingly in historical recession territory. MoM data was disappointing acr
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Now Greenspan Advances 'Populism Vs. Globalism'
• http://www.thedailybell.com'Crazies' Will Undermine the U.S. System … Former Fed chief doesn't spell out whom he is referring to Says economic and political environment is worst he's seen … Former Federal Reserve Chairman Alan Greenspan voiced concern that the U.
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A Homerun For The Donald...
• https://www.lewrockwell.com, By David StockmanThe central banks have gone so far off the deep-end with financial price manipulation that it is only a matter of time before some astute politician comes after them with all barrels blasting.
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Sorry, You Can't Have Your Gold
• https://www.lewrockwell.comIn this publication, we warn regularly of the risk involved in storing wealth in banks. They've made the removal of your deposits increasingly difficult in addition to colluding with governments to allow them to legally freeze or confiscate your mo
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Your Money or Your Life: What's Behind the Latest Government Scam to Rob You Blind?
• https://www.rutherford.org"The fact is that the government, like a highwayman, says to a man: Your money, or your life. And many, if not most, taxes are paid under the compulsion of that threat. The government does not, indeed, waylay a man in a lonely place, spring upon hi
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Five Core Economic Facts
Paul RosenbergScores of economic figures go screaming across our screens every day, many of them contradicting yesterday's figures, and perhaps half of them based upon lies.
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Tent Cities Full Of Homeless People Are Booming In Cities All Over America...
• by Michael SnyderTent Cities Full Of Homeless People Are Booming In Cities All Over America As Poverty Spikes
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Tent Cities Full Of Homeless People Are Booming In Cities All Over America...
• by Michael SnyderTent Cities Full Of Homeless People Are Booming In Cities All Over America As Poverty Spikes
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Video: "This Is Our Worst Nightmare If It Happens And Has The Potential..."
• http://www.shtfplan.com, Mac SlavoVideo: "This Is Our Worst Nightmare If It Happens And Has The Potential To Lead To Hyperinflation"
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Dow Jones Down -325 and dropping
• https://www.google.com/finance18,154.24 -325.67 (-1.76%) Real-time: 2:12PM EDT
