Burrito Index Update: Burrito Cost Triples, Official Inflation Up 43% from 2001

by Charles Hugh-Smith Welcome to debt-serfdom, the only possible output of the soaring cost of living. Long-time readers may recall the Burrito Index, my real-world measure of inflation. The Burrito Index: Consumer Prices Have Soared 160% Since 2001 (August 1, 2016). The Burrito Index tracks the cost of a regular burrito since 2001. Since we keep detailed records of … Read more

Amazon Resumes Purchasing Google Shopping Ads

less than a month after pausing all Google PLA campaigns, Amazon reactivates its bidding on Google’s Shopping Ads   Well that was fast. After pausing its U.S. Shopping campaigns at the end of April, Amazon is once again popping up in Product Listing Ad results for a number of queries. Merkle Associate Manager Robbie Schnizler first … Read more

Breathtaking Chart On Record Margin Debt

by Jim Quinn Margin debt of $300 billion. Only three times the size of the Dotcom bubble and the housing bubble. What could possibly go wrong? It’s all good. No worries. The machines have it all under control. Their algorithms, created by Harvard educated MBA geniuses, won’t all say sell at the same time. Right? … Read more

The U.S. Has Decided To Fight Trade Wars With China, Europe, Canada And Mexico Simultaneously, And That Will Be Disastrous For The Global Economy…

by Michael Snyder  One trade war may be enough to push the struggling global economy into another recession, but the U.S. government has apparently decided that it is time to fight trade wars with pretty much all of the major economies around the world at the same time.  This is utter insanity, and it is going to have … Read more