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, […]
Simon Black Nearly 186 years ago to the day, on January 8, 1835, US President Andrew Jackson accomplished what no other American president has done before, or since: he paid off the national debt. Jackson […]
There are times in my career as a collapse observer and systematizer when my running commentary can quite reasonably be pared down to just two words: “Watch this!” The current severe stage of the financial […]
CHARLES HUGH SMITH The lower reaches of the financial food chain are already dying, and every entity that depended on that layer is doomed. Though under pressure from climate change, the dinosaurs were still dominant […]
Mac Slavo The Federal Reserve is about to sell Americans another massive lie, so be prepared for what’s coming. Greg Mannarino says the central bank is preparing to do untold devastating damage to those living […]
[This analysis was written for the Unz Review] Roughly half-way through the year 2020 it is becoming pretty obvious that there are a number of major developments which almost got our total attention, and for good […]
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. […]
Mish 18 hours ago Eventually, the coronavirus depression will subside. But what will America look like when it does? Jim Bianco “This virus is the event of this generation. In the future, we will refer […]
All bubbles pop, period. The financial elites are pushing a narrative that asset prices, sales and profits will all return to January 2020 levels as soon as the Covid-19 pandemic fades. Get real, baby. Nothing is […]
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