by Michael Snyder The economic downturn that we are currently experiencing is making the last recession look like a Sunday picnic. Yes, 2008 and 2009 were bad, but they weren’t anything like this. Unprecedented intervention […]
by Michael Snyder We were told that 2021 would be the year when everything starts to get back to normal. But that hasn’t exactly been the case, has it? It has been just over a month, […]
CHARLES HUGH SMITH As for stock markets–the devil take the hindmost. Let’s keep it simple: US dollar up, stocks down. US dollar down, stocks up. Stocks up, billionaires get richer. Since that spot of bother in […]
A Murray Sabrin email to NorthJersey.com: Federal Reserve chairman Jerome Powell announced interest rates will be kept near zero even if inflation rises above its 2% target. In other words, the Fed will continue to create […]
Author: Tom Luongo As much as I hate to invoke The Ayn Rand lest I give off the impression I’m some kind of Objectivist, which I am most certainly not, the engine of the world is […]
Bruno walks into a neighborhood shop and threatens the shopkeeper with unspecified “bad things” if the shopkeeper doesn’t fork over $200 a week. The shopkeeper pays. If Bruno runs a “legitimate” protection racket, bad things […]
CHARLES HUGH SMITH The Gulag Archipelago is not a distant memory; it lives on in every modern state, cloaked with modern-day technologies and the well-worn tools of suppression. The last thing addicts want to hear […]
Crashing stocks, bonds, real estate & currency all at once? Mike Maloney, monetary historian and founder of GoldSilver.com, has just released two new chapters of his excellent Hidden Secrets Of Money video series. In producing the […]
Michael Snyder While most of the general population has been lulled into a false sense of security, bankers and tech executives are spending millions upon millions of dollars to prepare for the collapse of society. […]
CHARLES HUGH SMITH Combine financialization, neoliberalism and moral bankruptcy, and you end up with predatory, parasitic elites. How did our financial and political elites become predatory parasites? Some will answer that elites have always been predatory […]
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