By Michael Snyder If the U.S. economy is doing just fine, why have we already shattered the all-time record for retail store closings in a single year? Whenever I write about our “retail apocalypse”, many try […]
by Raúl Ilargi Meijer Jean-Léon Gérôme Slave market 1866 Here’s the story in a nutshell: Ultra low interest rates mark a shift away from people’s wealth residing in their savings and pension plans, and into to so-called wealth […]
It’s official…the stock market has broken above 23,000, and its valuations should now scare even the most mind-numbed carnival barker on Wall Street. The forward 12-month PE ratio is 18, compared to the 10-year average […]
One of the smartest policymakers in the world is getting ready to unleash China’s plan for a gold-centric monetary system. This will be a game-changer for the global monetary system and it will also unleash the price […]
BY JAMES RICKARDS At times, it seems the world is divided between unconventional economists (including a large “doomsday chorus”) who predict markets will nose-dive and orthodox economists who assure us all is well, valuations are fine […]
by Raúl Ilargi Meijer Alfred Wertheimer Elvis 1956 New Zealand’s new prime minister Jacinda Ardern calls capitalism a blatant failure. Former Greek finance minister Yanis Varoufakis says capitalism is ‘merely’ coming to an end because it is making […]
By Greg Hunter’s USAWatchdog.com (WNW 306 10.13.17) The International Monetary Fund (IMF) says there are nine big global banks in big financial trouble. These nine banks represent $47 trillion in assets. Gregory Mannarino of TradersChoice.net says […]
Raúl Ilargi Meijer Koyaanisqatsi The film Koyaanisqatsi was released in 1982. The title means ‘life out of balance’ in the language of the Hopi, a Native American tribe who live(d) mainly in what is now […]
Charles Hugh Smith Glance at this chart of the trade-weighted U.S. dollar, and note the swing highs and lows in the price of oil per barrel around each peak and trough. You can look up historical […]
Mac Slavo Global strategist Marin Katusa is the New York Times best selling author of The Colder War, which details the geo-political power shift that threatens the global dominance of the United States. He’s also a well known resource […]
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