
2020 FINANCIAL CRISIS | Has it started? The $500 Billion Dollar Question
• https://www.youtube.comDid we ever really escape the financial crisis of 2008 or did we kick the can down the road and quadruple the problem?
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Did we ever really escape the financial crisis of 2008 or did we kick the can down the road and quadruple the problem?
How Chinese Misfortune Improves the American Economy-Bob Kudla-CSS
Entered By: Dave HodgesIt might sound like a risky strategy at a time when millions of Americans are drowning in debt: keep raising the limit on people's credit cards, even if they don't ask.
We better hope that the U.S. economy holds together in 2020, because if there is any sort of major economic crisis much of the country is going to be broke almost immediately.
There are two subjects that the mainstream media seems specifically determined to avoid discussing these days when it comes to the economy:
The biggest challenge the Fed faces currently is how to deal with a recession. Given the current expansion is the longest on record; a downturn at some point is inevitable.
The Pentagon made $35 trillion in accounting adjustments last year alone -- a total that's larger than the entire U.S. economy and underscores the Defense Department's continuing difficulty in balancing its books.
The SPDR S&P Homebuilders ETF closed the other day at 45.65, poking higher than February 2006's 44.70. The conventional wisdom is:
Josh Sigurdson talks with Tim Picciott of The Liberty Advisor abou the recent move towards the cryptocurrency market and the variety of reasons as to why so many believe that 2020 will be the year of the next crypto bull market.
One does not need money to convey one's thoughts, but what money does allow is the drowning out of speech of those without money by those with a lot of money.
One does not need money to convey one's thoughts, but what money does allow is the drowning out of speech of those without money by those with a lot of money.
U.S. Census Bureau and U.S. Department of Housing and Urban Development, Median Sales Price of Houses Sold for the United States [MSPUS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MSPUS, January 21, 20
DoubleLine Capital's Jeffrey Gundlach has already express his views on the Federal Reserve's retreat into manipulation of both the financial markets, and the media narrative, via the central bank's continuing "ad hoc" operations in the repo market.
"We will reach a tipping point when investors will awake to the rising tide of defaults and downgrades," he wrote in a letter from the World Economic Forum meeting. "The timing is hard to predict, but this reminds me a lot of the lead-up to the
Juggernaut: (n) massive inexorable force, campaign, movement, or object that crushes whatever is in its path
At Counterpunch, Michael Hudson has penned an important article that outlines the important connections between US foreign policy, oil, and the US dollar.
The rich are getting richer, and everyone else is getting poorer.
The Treasury Department is issuing a 20-year bond for the first time in 34 years to help pay for the ballooning $1 trillion dollar budget deficit.
The first thing to understand is that it is not a trade deal. It is Trump backing off his tariffs when he discovered that the tarrifs fall on US goods and American consumers, not on China.
"A shocking crime was committed on the unscrupulous initiative of few individuals, with the blessing of more, and amid the passive acquiescence of all."
In the court of investor opinion, the verdict is in. The Federal Reserve is guilty of quantitative easing.
Neel Kashkari Appeals To "QE Conspiracists": Show Me How The Fed Is Moving Stock Prices... So Here It Is
Following October and November's bounce in starts and permits, and despite solid sales and mortgage application data, analysts expected a mixed picture for housing data today (with growth in starts slowing and permits shrinking).
With President Donald Trump signing a historic first phase trade deal with the world's second-largest economy, it is more important than ever to have the full facts without the spin.
Central bank policies are directly driving asset prices and the bubbles therein. It's what they do. It has been so stunningly obvious that, at this point, it makes a mockery of things to deny it as an ongoing, and essential, part of how their strat
Following the surprise acceleration in consumer prices, producer prices were expected to re-accelerate after diverging for three months.
Bitcoin
Davi Barker (Pirates without Borders; Orville Galaxy; Shiny Badges) in studio - Tim Picciott (Wealth Manager @ Innovative Advisory Group) gives The Economic Report
Perhaps even PhD economists notice that manic-mania bubbles always burst–always.
Sources familiar with the Phase 1 trade deal told Reuters China has agreed to purchase $80 billion of additional manufactured goods from the U.S. over the next 24 months, as part of the "Phase 1" trade deal that's expected to be signed on Wednesday.