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On Monday, Senate Republicans blocked legislation to raise the debt ceiling and allow the US to avoid an impending government shutdown and possible default.
If CNN starts sounding like The Economic Collapse Blog, what does that mean?
--At Our Local Supermarkets The supply chain crisis that our supermarkets are facing is far worse than the mainstream media has been telling us.
Military leaders saw pandemic as unique opportunity to test propaganda techniques on Canadians - China's Evergrande Crisis Is Just The Tip Of The Iceberg - China Evergrande Group -Central Bank Balance Sheet Update October 2021 - Avoiding a climate lo
Though it is unclear how such an executive action would work, Pelosi indicated that Democrats were considering it...
Central Bankers will need to decide: intervene to save markets – continuing the current distortions, or let loose the dogs of market meltdown.
Something huge happened in 1971. And both Edward Snowden and Jack Dorsey are asking the same question.
Once again, Fed Chairman Jerome Powell and Treasury Secretary Janet Yellen will deliver testimony to the Senate Banking Committee Tuesday (followed one day later by testimony to the House Financial Services Committee) - testimony that's mandated as
Peter Schiff says gold will explode and the dollar will implode when the markets figure out the Fed is crying wolf when it comes to monetary tightening.
Democrats on Thursday are panicking over the impending debt default and shutdown of the federal government with no backup plan in sight.
"Reflect on what happens when a terrible winter blizzard strikes. You hear the weather warning but probably fail to act on it. The sky darkens. Then the storm hits with full fury, and the air is a howling whiteness..."
...As Goldman Warns Of Shutdown "Collision Course"
The Senate parliamentarian dealt a blow to Democrats on Sunday, stating that under the chamber's rules regarding reconciliation bills, an amnesty for millions of migrants in the U.S. illegally cannot be included in a massive $3.5 trillion spending
Legendary investor Jim Rogers has seen more market ups and downs than most people alive today. And he has successfully made money -- a LOT of money -- in the process.
What is the impact on the economy? Ken explains and has predictions!
Host:
Ernest Hancock
Ernest interview Tim Picciott (The Liberty Advisor) for The Economic Report
Financial expert Carlos Cortez joined Stew on the show.
One would think that in a nation founded on liberty that we'd be free to spend more on personal consumption than the government takes from us. But that's not the case.
The last time Americans were this turned off by the U.S. housing market, borrowing costs were over five times the current rate.
There has been considerable discussion in the past couple of months about the rate of inflation in the United States, and polls now show that 85 percent of Americans are concerned about inflation.
If there ever was a time when you could see a trend solidly in motion, now is it.
The Federal reserve says that inequality is a problem. At the same, the Fed also pretends to have nothing to do with it.
For the first time in nine months, the government CPI data came in under expectations. Prices rose by 0.3% last month, just below the 0.4% projection.
Treasury Department Seeks to Track Financial Transactions of Personal Bank Accounts Over $600
Reader Michael made a very good suggestion about putting some food buckets up and having them handy to give out to folks who are having hard times.
Jeff Gundlach Warns "History Books Won't Say Inflation Was Transitory", Remains Long-Term Dollar Bear
When Critical Parts Are On "Indefinite Back Order", The Machine Grinds To A Halt
The great financial historian, Charles Kindleberger, pointed out in the 1970s that over several centuries, history showed there was a financial crisis about once every ten years.
As we warned last week, profit warnings are coming thick and fast from American companies as they come to grips with Delta-fearmongered-demand weakness and COVID-scare-driven supply-chain chaos that is anything but transitory.
I have been writing this letter for 22 years. Sometimes I look into the future and other times merely try to explain the present. Today I'm going to look at several possible futures.
