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Those benefiting from these destructive "solutions" may think the system can go on forever, but it cannot go on when every "solution" becomes a self-reinforcing problem that amplifies all the other systemic problems.
In all the spirited rhetoric over the Republicans' failure to pass Obamacare repeal and confusion over what lies ahead, many pundits and market watchers seem to have forgotten that a far more imminent threat, one due exactly one month from today, is
In its latest, January, update of US home prices, Case-Shiller reported that the unadjusted 20 city composite index, rose at a 5.9% annual rate, up from 5.7% last month and setting a 31-month high.
Have All Become Big Sellers"...As global financial markets teeter on the edge of collapse, a report published this morning suggests that the run up in the U.S. dollar may be over. As of today, some 80% of post-Trump election gains have been wiped
That particular chapter of the "replace" saga, however, is chicken feed compared to finding a coherent majority on measures to "replace" the /$4 trillion /of revenue loss from the corporate and individual tax cuts promised by Trump and embraced widel
Fannie Mae and Freddie Mac still have housing blood on their hands from the 2008 financial crash. However, the giant GSEs, placed in government conservatorship in September 2008, have now, virtually all by themselves, created another bubble, this tim
But transit isn't "most work," and trying to force an eight-hour workday on it is problematic. Transit service has huge peaks during the morning and evening rush hours, so when transit agencies are forced to schedule workers for eight-hour shi
Doug Casey and I recently chatted about Trump and what his presidency means for the stock market. We also hit on the War on Cash, bitcoin, and a big third-world problem that's headed straight for the US.
Doug Casey and I recently chatted about Trump and what his presidency means for the stock market. We also hit on the War on Cash, bitcoin, and a big third-world problem that's headed straight for the US.
On Jan 11th, RBC's head of cross asset strategy Charlie McElligott wrote of "THE SINGLE-LARGEST MACRO INPUT RISK TO THE BUYSIDE," where he stated that the USD was the most important asset to the direct of the reflation trade and general macro positio
Payless Inc., the struggling discount shoe chain, is preparing to file for bankruptcy as soon as next week, according to people familiar with the matter.
Sears Holdings Corp. suffered its worst stock decline in six weeks after acknowledging "substantial doubt" about its future, raising fresh concerns about whether a company that was once the world's largest retailer can survive.
schedule to speed the arrival of the "Trump crash".(Natural News) On Wednesday, March 15, the Federal Reserve announced it had raised its benchmark interest rate by a quarter point - a move likely to have noticeable effects on the economy,
Mind-blowing math animation explains why stock market wealth is an ILLUSION that vanishes in a crash... (Natural News) Almost no one really understands the basics of how the stock market works, and they suffer under the illusion that EVERY stock sha
Four months after the dawn of the Trump trade, currency investors worldwide are capitulating.
Something both unwanted and unexpected has tormented western economies in the 21st century. Gross domestic product (GDP) has moderated onward while government debt has spiked upward. Orthodox economists continue to be flummoxed by what has transpir
We see the meltdown in politics going on. The left is fighting so desperately to stop Trump; if not impeach him.
Finance chiefs of the world's largest economies set aside a pledge to avoid protectionism and signed up to a fudged statement on trade instead, in response to the Trump administration's call to rethink the global order for commerce.
Somebody is lying about spying on Donald Trump.
During the FOMC press conference this week, Janet Yellen was pushed by Bloomberg's Kathleen Hays to explain why she hiked rates amid what was evidently not a surging economy.
Yesterday's decision by the Fed to hike the interest rate is said to be needed to cool off a super-heated economy. But where is the economy super-heated? Labor, GDP, debt...all indicators are the opposite. Is the bag of tricks finally empty? What nex
The legal limit on how much the United States government can borrow returns on Thursday, potentially setting up an intense political battle in Congress.
As we sit here waiting to see whether the Federal Reserve does, or does not, raise interest rates; one thing is becoming clearer: This time – it's different.
Thousands of years ago, as far back as 3000 BC, the ancient Egyptians had developed a highly advanced system of writing using hieroglyphic symbols. The used hieroglyphs for numbers as well.
Most Americans do not understand this, but the truth is that the Federal Reserve has far more power over the U.S. economy than anyone else does, and that includes Donald Trump.
While in recent weeks we have documented various instances of sharp pullbacks in the ultra-luxury segment of New York's housing market...
As the federal debt has gone from astounding to unbelievable to incomprehensible, a new problem has emerged: The US government is actually running out of places to borrow.
In Part One of this article, I exposed the establishment narrative of a strong economy as rubbish by providing hard data regarding imploding gasoline usage, failing bricks and mortar retailers and plunging restaurant sales.
unemployment - Monthly Labor Department jobs reports are phony. Paul Craig Roberts calls them "a bad joke," saying America's economy is a "house of cards." A day of reckoning awaits.
I'm really grateful Angus Deaton was willing to come out and state the obvious.
