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by Charles Hugh-Smith Deflation eats credit-dependent, mass-consumption economies alive from the inside. While AI (artificial intelligence) garners the headlines, the next wave of disruptive technologies extend far beyond AI: as the … Read more
By Gary Shilling PhD, FS Stocks are very expensive in relation to corporate earnings. Even if rapid economic and profits growth resumes after the next recession, a secular decline in … Read more
Europe is falling apart. If the plan was to have the Euro succeed, this was a massive failure. Just look at the economies of this group. It’s just getting worse … Read more
Is there a more deflationary chart than the Baltic Dry Index of global freight rates? pic.twitter.com/3XajzZVIzY — David Rosenberg (@EconguyRosie) February 5, 2019 Chart: US non-manufacturing export orders (weak!!!!!) pic.twitter.com/5qHTFXW7je … Read more
by Martin Armstrong QUESTION: It seems the Left Wing Progressives in the US House (opponents of Pelosi) have adopted the Money Market Theory of Prof. Stephanie Kelton of U of MO.-Kansas … Read more
Money manager Michael Pento says things are going to get much worse from here. Pento explains, “They understand when the stock market goes down, consumption and the wealth effect crumble, … Read more
via NZ Herald: The underlying economic troubles in emerging markets surfaced recently with Turkey, Argentina and India making headlines as their markets tumbled. Meanwhile, trade tensions between China and the United … Read more
We need to be focused on employment and the future of work, says Dan Arbess, Xerion Investments CEO, sharing his concerns about the U.S economic outlook as the nation’s debt … Read more