
2015 Corporate Progress Report: Cash Up $17 Billion, Debt Up $850 Billion
• By Bob Bryan at Business InsiderDebt can be a good thing. It gets the wheels of the economy moving.
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Debt can be a good thing. It gets the wheels of the economy moving.
Publisher of the Gloom Boom & Doom Report Marc Faber spoke with FOX Business Network's (FBN) Neil Cavuto about the realistic possibility of the market collapsing before November saying "Most people haven't really made any money over the last 1
On December 10, 2014 the city of Detroit exited bankruptcy. It was the largest municipal bankruptcy in US history. The bondholders were totally screwed in favor of the pensioners (not that I generally like bondholders).
in the housing market. Toll Brothers, the largest luxury homebuilder in the US, reported strong earnings Tuesday but acknowledged one of the biggest problems in the housing market.
Conditions for a rate increase by the Federal Reserve are "on the verge of broadly being met," Eric Rosengren, president of the Federal Reserve Bank of Boston, told the Financial Times … According to an article on Sunday, Rosengren told the FT
The right kind of reform … America's next president should modernise the Federal Reserve system … Perhaps it was inevitable in the aftermath of the worst financial crisis in almost a century, but America is boiling over with schemes to remake
Business Debt Delinquencies Are Now Higher Than When Lehman Brothers Collapsed In 2008
The U.S. is heading straight for a fiscal calamity in the next decade. Even if you believe the CBO's Rosy Scenario projections-----which assume that we will go 207 months thru 2026 without a recession or double the longest expansion on record and
Gilbert K. Chesterton said that "The golden age only comes to men when they have forgotten gold." The statement suggests two things (1) Men have a tendency to leave gold to try paper experiments, and (2) Gold, for thousands of years, has always m
The estimable Martin Feldstein put the wood to the Fed in a recent op-ed and in so doing hit the nail directly on the head. He essentially called foul ball on the whole inflation targeting regime and the magic 2.00% goalpost in part due to the measur
Rejected: Central States Fund Proposes 60% Pension Cuts, Treasury Dept Says "Not Enough"; 407,000 Affected
Rejected: Central States Fund Proposes 60% Pension Cuts, Treasury Dept Says "Not Enough"; 407,000 Affected
After watching the video below, Dr. Paul Craig Roberts, the former Assistant Secretary of the Treasury for Economic Policy and associate editor of the Wall Street Journal, wrote there "is nothing more corrupt than 'democratic capitalism.' Ameri
The Federal Reserve may be eying its next rate hike as soon as this summer. Evidence of a possible June rate hike came Wednesday when minutes from the Fed's April meeting gave a more upbeat assessment of the U.S. economy.
It is clearly evident that the U.S. economy is rapidly deteriorating, considering reports of declining business sales, increased commercial bankruptcies and Chapter 11 filings, accelerating employment problems...
You are about to see a chart that is undeniable evidence that we have already entered a major economic slowdown.
Every politician and economist wants to see the United States - and, I should point out, Europe, Japan, and the rest of the world - return to 3%-plus growth. Given that GDP in the first quarter turned out to be just 0.6% and that growth has sputt
Have you ever noticed that nearly all the world's surplus rests on Wall Street… or maybe in the City of London? I think this is something we should pay attention to.
In 2015, it introduced new infrastructure programs to improve access to medical facilities, remodel or construct new schools, and build new road and water infrastructure. The Farm Financial Stability Loan was introduced to assist farmers affected by
During a lengthy interview on CNBC the week before last, Donald Trump, fresh from becoming the presumptive Republican nominee, came as close as any major presidential contender ever has to saying that America is not capable of repaying her debts in f
How prophetic that Donald Trump, who says that he "loves debt" and is "the king of debt," wants be president of a bankrupt America. Debt is an important issue, and Ron Paul goes to work on dispelling the many myths that surround it. Check out today's
---US Leverage Ratio At 100 Year High
The full-blown economic collapse that is happening in Venezuela right now is a preview of what Americans will be experiencing in the not too distant future.
People said I want to go and buy debt and default on debt - these people are crazy. This is the United States government. First of all, you never have to default because you print the money, I hate to tell you, okay? So there's never a default.
The situation is revolting...Why aren’t the people?
May I ask you a question? How's this great economic recovery working out for you?
Former Reagan OMB Director David Stockman talks Trump and the economy, with CNBC's Jackie DeAngelis and the Futures Now Traders.
Editor's Comment: As baby boomers retire, large union groups are watching as their pensions go unstable, and they beg the government for help. Only, there isn't and never will be enough to go around.
Rubbernecking at the economic train wreck of central planners is not without hazard. A strained collar and dry eyes, for instance, are common perils. So, too, is the lasting grimace of disbelief that comes with the rollout of each zany scheme to sa
Unemployment Claims Spike Again As We Get More Scientific Evidence The Middle Class Is Shrinking