Posted by Charles Hugh Smith The past six years of expansion have been as illusory as Cinderella’s magic carriage. The clock is about to strike midnight, and our Cinderella economy’s magic carriage will revert to […]
by Michael Klare Think of this as a little imperial folly update — and here’s the backstory. In the years after invading Iraq and disbanding Saddam Hussein’s military, the U.S. sunk about $25 billion into “standing up” […]
by Raúl Ilargi Meijer Walker Evans Saint Charles Street. Liberty Theatre, New Orleans 1935With the 3rd US Q1 GDP print coming in at -0.7% (-3% if not for inventories), perhaps the media spotlights – and […]
By Sarah Westall Investigative journalist Michael Synder joins us to discuss his research and outlook for the world economy. Michael has been an attorney working in the heart of Washington DC before writing for many […]
Gerald Celente: In neo-feudal America, the financial aristocracy and political elite are judged under a different set of laws. Neither a conspiracy nor conjecture: By every quantitative measure, 21st century America has degenerated from being the […]
by David Stockman If any evidence was needed that the market is dying at the zero bound, it came in yesterday’s violent 15-minute rip when the algos read the Fed’s release to mean there will be no rate hike […]
by Martin Armstrong QUESTION: If we truly are a moving to a cashless society as is evident, and that is massively deflationary, which I agree with, wouldn’t that drive govt. yields LOWER? How do you reconcile […]
Mac Slavo America’s debt problems aren’t going away. In fact, they will continue to get worse. Karl Denninger recently cited a Bloomberg report to make his point at theMarket Ticker: Driven by higher interest costs, Social Security […]
by Gary Christenson “Wolfgang” posted on the Jim Sinclair website the following in regard to markets, the Fed, QE, bonds etc. I think he summarized it nicely. MARKETS: “You have to understand one thing… in […]
Via Casey Research Currencies die more often than most people realize. There have been more than 20 hyperinflations in the last hundred years. It shouldn’t surprise anyone that bad things happen when politicians have the […]
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