Stagflation is Here

by Martin Armstrong QUESTION: When do we talk about stagflation? F ANSWER: We are already experiencing it. Normally, the standard definition of “stagflation” has been explained as slow economic growth with relatively high unemployment/or economic stagnation that takes place with …

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Defund the Feds

via Kurt Schlichter There is a giant commodities shortage in America right now thanks to the incompetence of our leadership class (including a Secretary of Transportation taking paternity leave for a baby he didn’t have), but one thing that has been …

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Investors Starting To Realize “Stagflation” Is A Problem.

By Lance Roberts Investors are slowly waking up to the realization that “stagflation” is a problem. For years, the term “stagflation” has been thrown around and dismissed like a sighting of “Bigfoot.” However, rising inflationary pressures are now colliding with slowing economic growth. This collision presents …

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THE $200 BILLION MAN…

Elon Musk wealth has swelled to an astonishing $230 billion (£167 billion) as he stretched his lead over Amazon’s Jeff Bezos as the richest person in the world. Musk obscene personal fortune increased following a share sale at SpaceX as well …

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“Evergrande, the world’s most indebted property developer, is set to formally enter default on Oct. 23, when the grace period ends for its first missed bond payment.”

A growing number of Chinese property developers are saying they can’t pay their debts, raising concerns of financial contagion as troubled property developer Evergrande Group missed another interest payment to bondholders on Tuesday. Several Chinese real estate developers have warned of defaults …

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