Looks like The New York Times will have to recalibrate its president-o-meter. For five months they’ve been styling Joe Biden as the reincarnation of FDR, but he’s looking more and more like the second coming of Millard […]
CHARLES HUGH SMITH The global economy and financial system are both running on the last toxic fumes of financialization and globalization. For two generations, globalization and financialization have been the two engines of global growth […]
November 17, 2019 by Michael Snyder I have so many bad economic numbers to share with you that I don’t even know where to start. I had anticipated that the U.S. economic slowdown would accelerate during the […]
by Michael Snyder This week, the U.S. national debt reached the 23 trillion dollar mark for the first time ever. There was no fanfare, there were no politicians giving speeches about fiscal responsibility, and there has […]
By Michael Snyder Throughout human history, those in the ruling class have found various ways to force those under them to work for their economic benefit. But in our day and age, we are willingly […]
When will America finally wake up? The borrower is the servant of the lender, and we now have a colossal 20 trillion dollar chain around our collective ankles. We have willingly enslaved ourselves, our children […]
By Michael Snyder The borrower is the servant of the lender, and through the mechanism of government debt virtually the entire planet has become the servants of the global money changers. Politicians love to borrow […]
By Michael Snyder If you want to permanently fix America’s economy, there really is no other choice. Even before Ron Paul’s rallying cry of “End The Fed” shook America during the peak of the Tea […]
Perhaps the ultimate gaslighting in human history is our current fiat money creation system that benefits the few at the expense of the many. The terms gaslight and gaslighting are entering the political media lexicon, with partisans […]
The final condition for a market crash is falling into place by Chris Martenson Sometimes I wonder if I’m ever going to run out of new things to say about the economy. Nothing interesting has […]
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