'I'll Never Retire': Americans Break Record for Working Past 65
• http://www.bloomberg.com, by Ben StevermanFour charts tell the story.
Contents Pages by Subject
Economy - Economics USA
Yellen Doesn't Rule Out Negative Rates in Letter to Congressman
• http://www.bloomberg.com, by Jeanna SmialekFederal Reserve Chair Janet Yellen didn't rule out using negative rates in a future crisis but emphasized that they would be adopted as a last resort.
The Last Time This Happened, Home Prices Collapsed
• Zero HedgeThe number of people who believe now is a "good time to buy a home" has been stagnant for the last 6 months,...
$1,914,651,000,000: FY2016 Taxes Set Record Through April; $12,679 Per Worker;
• http://www.cnsnews.com, By Terence P. Jeffrey$1,914,651,000,000: FY2016 Taxes Set Record Through April; $12,679 Per Worker; Feds Still Run Deficit of $354,592,000,000
Overpopulation? Economic Ripple Effect From Fewer Babies: "Market Is Not Going to Grow"
• shtfplan.comHow severe has the economic recession since 2007 been? How thin the recovery?
Consolidated Power, The End of Independent Business: "What This Reset Means"
• shtfplan.comEditor's Comment: The larger themes of collapse and the destruction of the dollar have been cynically orchestrated from the top-down. While a major event is in the works that will destroy wealth in the hands of most Americans, the elite at the top
11 Signs That The U.S. Economy Is Rapidly Deteriorating Even As The Stock Market Soars
• theeconomiccollapseblog.comWe have seen this story before, and it never ends well.
MOODY'S: Normal interest rates are history
• http://www.businessinsider.comRemember interest rates? Moody's, the credit-rating company, does.
Recession May Loom for Next U.S. President No Matter Who That Is
• http://www.bloomberg.comTalk about a poisoned chalice. No matter who is elected to the White House in November, the next president will probably face a recession.
How the Minimum Wage Helped Wreck Puerto Rico's Economy
• arcleinThe heavily indebted island demonstrates the tragic consequences of forcing up the minimum wage out of sync with the market price for labor. Between 1974 and 1983, Puerto Rico was forced to increase its minimum wage in line with the federal figure, w
CALM BEFORE THE STORM: INVESTORS BRACE FOR IMPENDING STOCK MARKET CRASH
• https://www.youtube.comLANA CLEMENTS for the Express reports, SAVERS and investors have been warned to expect a crash in markets as the typically more volatile summer months approach. Stock markets have been performing relatively well since March, following the meltdown at
Trump's Right----Paying Back The National Debt With "Discounts" Is Already Public Poli
• https://www.lewrockwell.comDonald Trump says a lot of whacko things and his recent wild pitches about defaulting on the national debt and replacing Yellen because she is not a Republican sound as if they were coming right out of his wild man wheelhouse. Certainly these stateme
Billionaire Investor Druckenmiller Blasts Fed; Says Sell Stocks, Buy Gold
• https://www.lewrockwell.comBillionaire investor Stanley Druckenmiller didn't mince words when asked for recommendations at the Sohn Investment Conference. Sell US stocks. Buy gold: The conference wants a specific recommendation from me. I guess 'Get out of the stock mark
When They Fall, It Will Be Like Dominoes:
• shtfplan.com"Next Employment Crisis Is Already Here"
Rail Traffic Depression:
• dcclothesline.com292 Union Pacific Engines Are Sitting In The Arizona Desert Doing Nothing
L.A. sees another sharp rise in homelessness and outdoor tents
• latimes.comHomelessness increased in the last year in the city and county of Los Angeles, leaving nearly 47,000 people in the streets and shelters despite an intensive federal push that slashed the ranks of homeless veterans by nearly a third, according to figu
'Our Economic System is Designed to Fail' - Ron Paul
• LewRockwellThe current economic system is designed to fail, but so was socialism. That's according to former GOP Congressman Ron Paul, who told RT's Boom Bust to show that we need to go toward a system of property ownership, voluntary contracts, and individ
The Planned Starvation of America
• thecommonsenseshow.comIt would appear that Alex Jones and Dave Hodges were serendipitously working on the same story. Someone who knew that I was releasing this story, today, sent me an Alex Jones' interview, yesterday afternoon.
'Our Economic System is Designed to Fail' - Ron Paul
• https://www.lewrockwell.comThe current economic system is designed to fail, but so was socialism. That's according to former GOP Congressman Ron Paul, who told RT's Boom Bust to show that we need to go toward a system of property ownership, voluntary contracts, and individ
Make America Great Again
• https://www.lewrockwell.comDonald Trump's critics have heaped scorn on his calls for protective tariffs to deal with America's widening trade imbalance and the resulting loss of higher paying blue color jobs.
Trump's deportation plan could slice 2 percent off U.S. GDP: study
• http://www.reuters.comDonald Trump's vow to round up and deport all of America's undocumented immigrants if he is elected president could shrink the economy by around 2 percent, according to a study to be released on Thursday by conservative think tank the American Action
Three Reasons Why "Too-Big-to-Fail" Banks Need to Be Broken Up
• arcleinThe banks that have to adhere to a resolution plan include bank-holding companies with total consolidated assets of $50 billion or more and non-bank financial companies designated by the Financial Stability Oversight Council. Big banks that have not
Chart Of The Day: Corporate Debt Soaring, Cash Flow Slumping
• davidstockmanscontracorner.comChart Of The Day: Corporate Debt Soaring, Cash Flow Slumping
BANK OF AMERICA: We've never seen investors rush to sell stocks like this before
• http://www.businessinsider.com, Akin OyedeleBank of America Merrill Lynch's big-money equity investors are rushing for the exits.
Visa Unveils Plan To Burden Millennials With Billions In Debt
• http://www.zerohedge.com, by Tyler DurdenFor anyone concerned that $800 billion in student loans over the last decade simply won't be enough debt burden for millennials to carry, worry no more, a solution has been found.
US homeownership falls to nearly its lowest level in history
• http://wearechange.org,Home sales may be rising, but homeownership in the United States is heading down once again. After gains in the second half of 2015, the homeownership rate fell to just 63.6 percent, seasonally adjusted, in the first quarter of this year, according
"No End In Sight To Current Downturn" - US Manufacturing Plunges To Sept 2009 Lows
• http://www.zerohedge.com,Following April's flash PMI print plunge to cycle lows - blamed on the presidential election uncertainty - Markit's Final Manufacturing PMI printed 50.8 (as expected) its lowest since September 2009.
Goldman Throws In The Bearish Yen Towel...
• http://www.zerohedge.com, by Tyler DurdenGoldman Throws In The Bearish Yen Towel: "There Is Little Doubt That The USDJPY Will Keep Falling"
Market Analyst: "Nothing Is Real… All Of This is Being Played
• http://www.shtfplan.comWe exist, beyond any shadow of any doubt, in an environment of absolute fakery where nothing is real… from the prices of assets to what's occurring here with regard to the big Wall Street banks, the Federal Reserve, interest rates
Deutsche Bank Unveils The Next Step: "QE Has Run Its Course, It's Time To Tax Wealth"
• http://www.zerohedge.comNow that the benefits QE "have run their course", it is time for the next, and far more drastic step: "the ECB and BoJ should move more strongly toward penalizing savings via negative retail deposit rates or perhaps wealth taxes.
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