The complete failure of this system is being exposed. The amount of leverage has always, every single time, caused a crisis to expand faster and harder then originally thought. There are no soft landings, Janet Yellen. Only crashes, loss of pension funds, and savings evaporated. You saw it during the Financial Crisis and you’re seeing … Read more
By Chris Black Eastern Europeans have a saying: we’ve just got out communism, after 45 years of Hell, only to discover that the West is marching (this time benevolently) into the same hellhole we’ve just managed to escape from. And this is not a joke either. The West’s essential institutions are pathologically corrupted by … Read more
Quantitative Easing (QE) and Equity and Credit Performance pic.twitter.com/bPE6kXGSiN — Alastair (@StockBoardAsset) December 5, 2017 CenBanks are the biggest risk to asset prices and the global economy. El-Erian's preview of major central banks in 2018. https://t.co/AxLEEKmMbk pic.twitter.com/2UtGcN3VH9 — Holger Zschaepitz (@Schuldensuehner) December 6, 2017 Why The Shift To QT Will Cause The Mother Of All … Read more
Market analyst Lynette Zang predicts in the next crash, “real estate, stocks and bonds will all crash.” When will this happen? Zang says, “Enjoy your Christmas,” but in 2018, all bets are off. Zang explains, “In 2018, I don’t think they can hold these things together. I think we will see a major market correction … Read more
by Michael Snyder At one elementary school in California, 96 percent of the students are not proficient in either English or math. How is that even possible? Unfortunately, the more the federal government gets involved in education, the worse it seems to get. At one time the United States had the greatest system of public education on the … Read more
By Michael Snyder It should upset you that virtually everything stocking the shelves of our major retailers seems to have been made somewhere else. As a nation, we are consuming far more wealth than we are producing, and that is a recipe for national economic suicide. This week we learned that imports from China hit … Read more
by Chris Black If you’re not up to date with the politically correct lingo, you should know that the concept of protected classes was created by leftists and it’s pretty much similar with the notion of identity politics. Basically, a protected class, whether we’re talking about minorities (blacks, Hispanics, “people of color”) or women/transgenders/gays/lesbians/whatever sexual … Read more
by Anthony B Sanders Another day in the land of Central Bank bubbles. According to Bloomberg, transportation stocks have rallied more than 8 percent in a week, realigning them with industrials at new highs in a coupling that is one of the market’s oldest bullish technical indicators. According to the century-old Dow Theory, simultaneous records in … Read more
In your opinion, how can it possibly be considered that this is a good economy when the bank literally gives you money to buy a home?! Mortgage When credit flows easily, people will take it. Payday loans. Cash Money. Cash Advance. These are successful business models because people can find a way to buy … Read more
by John Ward The media’s macro portrait of ‘everything’s alright really’ looks like the daubings of an infant when you get closer to the canvas. Nowhere is this more apparent than than in the micromadness of the US Car sector. One of the things long-distance relocation brings to the party is just how different things … Read more