July 9, 2020 by Michael Snyder The last four months have been an unending nightmare for the U.S. economy. Businesses are shutting down at a pace that we have never seen before in American history, the “retail […]
July 7, 2020 by Michael Snyder The recession of 2008 and 2009 was bad, but it was nothing like this. Even though this new economic downturn is only a few months old, we are already seeing numbers […]
by Egon von Greyerz Here is a joint statement from Lagarde and Powell at a secret G7 meeting with all Leaders and Finance Chiefs of the seven nations attending as well as the IMF and […]
by David Stockman International Man: Recently, Fed Chairman Jerome Powell said the central bank’s money printing is designed to help average Americans, and not Wall Street. What’s your take on this? David Stockman: Yes, and if […]
by Egon von Greyerz There are lies, damned lies, and economists. Whether these economists work for the government or a bank, they spend all their time on the computer extrapolating current trends with minor adjustments. […]
By Marin Katusa – Jun 23, 2020, 6:00 PM CDT Despite reaching all-time highs, gold is still in a particularly precarious position The downside risks associated with gold ownership are flying under many investors’ radars The war […]
June 14, 2020 by Michael Snyder Many of the emergency economic measures that were put into place to support the American people financially throughout this pandemic are about to disappear, and that means that big trouble is […]
By Greg Hunter’s USAWatchdog.com (Early Sunday Release) Financial writer Bill Holter says the Fed cutting bank reserves to 0% for the first time in history is a “huge deal” and a red flag for what is coming. […]
Urban communities all over the U.S. are now facing the possibility of a mass exodus of businesses, and many local leaders are freaking out because they realize what such a mass exodus will mean for […]
By Gilad Atzmon Have you noticed the peculiar fact that despite the lockdown, the economic crisis, tens of millions unemployed and multiple corporations filing for bankruptcy, Wall Street is having a ball? CNBC‘s Jim Cramer […]
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