
Escape From New York, 2025 Millionaire Edition
• https://www.zerohedge.com, by Peter C. EarleFor decades, New York City prided itself on being the financial capital of the world. It's a place where money, culture, and power converge.
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For decades, New York City prided itself on being the financial capital of the world. It's a place where money, culture, and power converge.
Did a medium-sized canary just croak in the coalmine of consumer credit?
Today the FED cut interest rates and further eroded the value of the US dollar. As we predicted a few weeks ago. They cut the benchmark federal funds rate--a key policy rate that influences borrowing costs for businesses, consumers, and governments
Debt has moral implications, and in denying this, we're choosing a rendezvous with Nemesis
In his latest podcast, Peter goes through the just-released August consumer price data and uses the report as a springboard to explain why the markets are misreading the Fed and why ordinary Americans are likely to pay the price.
...signaling deep concerns over economic stability
QUESTION: I asked GOK who thinks the stock market will crash. It gave a list of people all expecting a crash. It also noted that Buffet was bearish and J.P. Morgan was calling for a 20% drop.
Housing markets across the US are showing signs of trouble as homes linger on the market longer in 44 out of 50 major US metros.
President Trump says that tariffs are good for American workers.
When two-thirds of all the workers in your entire country are just barely scraping by from month to month, you have got a major crisis on your hands.
Dollar-pegged stablecoins touted as digital payment 'revolution' but could easily be de-pegged and devalued to offload national debt
Peter Schiff (Schiff Gold) discuss precious metals, bitcoin/cryptos, economic and market conditions, future predictions, USA Crypto reserves, Genius Act etc...
...poised to morph into a dystopian social credit system.
"We are going to see the Fed cutting rates all the way down into this asset deflation that we see coming in this panic rate cut cycle..."
The next subprime crisis just began - I predicted this!
The U.S. currency's rise and fall from prominence in the early 20th century offers lessons for today's political leaders
Ray Dalio turned $5 into $160 billion by decoding how empires rise and fall. Now he warns: America is in decline, the UK is in trouble, China is gaining power…and your wealth could be in danger UNLESS you act fast.
Super Fake: Fake Numbers From Fake Bureaucrats Caused People To Believe In Fake Economic Prosperity That Never Existed
"You don't know who your bank is in bed with," warns whistleblower Mitch Vexler in his latest interview with Daniela Cambone. Vexler, an expert in property valuations, reveals how inflated appraisals drive massive school bond debt and strain ta
Stellar 3Y Auction Blows Away Expectations With Huge Stop-Through, Near Record Foreign Demand, Record Low Dealers
Israel and other countries explore stablecoin launches as investor and institutional interest surges.
Wood prices are sliding and mills are cutting back because of uncertainty over tariffs and a building slump
What in the world has happened to us?
Trump isn't responsible for the secular decline. But he will soon speed things up.
It Is "The Toughest Time In Years" To Be Looking For A Job In The U.S. – One 64-Year-Old Man Has Been Waking Up At 3 AM To Search For Work And Can't Find Anything
Why Is America's Most Patriotic Coin Being Made In Germany? The Making Of The Trades Of America Coin
Some 500 economists work for the Federal Reserve System. This is probably more than the entire dismal science faculty at all eight Ivy League Universities, perhaps with Chicago and Berkeley thrown in for good measure.
What nobody seems to notice is all the incentives for deploying AI are perverse.
The long bond verdict is finally in. Jobs and growth outweigh inflation.