*Many see me always write about the ‘credit-fueled’ economy post 1980’s Here’s a way to look at it After the 1970’s, US broad money has exploded relative to US real GDP Bank credit has decoupled from the economy and grown …
by Chris Black Very useful data from Denmark. Non-Western immigrants make a net-negative lifetime contribution. It costs billions just to keep them in the West. This fact alone disproves the supposed economic benefits of immigration. Generous welfarism is the main …
Guest Post from Charles Hugh Smith, Author at Oftwominds.com: Your bogus economic dogma of “growth via the wealth effect” created the demographic karma that will bring down the status quo. What happens when you bleed your workforce while enriching those …
by Dismal-Jellyfish Not even dying is without inflation 🙁 “Cost of dying” in America nears $20K The median funeral cost is $7,848, the average family spends $9,351 on legal and financial expenses. Source: https://www.federalreserve.gov/publications/files/2022-report-economic-well-being-us-households-202305.pdf
A combination of negative trends in the US housing market, unemployment claims, financial struggles for Americans, and a decline in South Korean exports. US home prices have had their biggest annualized drop in over 11 years, per BI. — unusual_whales …
by Dismal-Jellyfish https://www.federalreserve.gov/publications/files/2022-report-economic-well-being-us-households-202305.pdf The Federal Reserve Board on Monday issued its Economic Well-Being of U.S. Households in 2022 report, which examines the financial lives of U.S. adults and their families. The report draws from the Board’s tenth annual Survey of Household …
A senior official in the White House says President Joe Biden’s immigration policy is intended to fill new jobs in government spending programs, high-tech firms, and a growing economy. “We are creating new jobs this year as we’re breaking ground on …
by Shaun Richards A subject which has exercised me greatly over what is now more than a decade is the economic depression which was inflicted on Greece. For newer readers it was accompanied by claims of success – “shock and …
It’s all a distraction. We are in for the economic crash of our lifetime. Be prepared https://t.co/uPZSjjkLVG — Gerald Celente (@geraldcelente) May 18, 2023 Holy Shit! FRED M2 Money Supply Chart. It ain’t good. We’re definitely in the 1929 depression …
The Great Recession disrupted a stable period in birth rates. For the almost three decades between 1980 and 2007, the U.S. birth rate hovered between 65 and 70 births per 1,000 women between the ages of 15 and 44. The …
The gov’t finally admitted that they have a $105.3 million contract with the World Economic Forum for the Known Traveler Digital ID. Take a look at this order paper. It’s no longer a conspiracy theory – it’s a contractual fact! …
The Nicolás Maduro regime in Venezuela announced this Tuesday that his country will abandon the US dollar in economic transactions 🇻🇪 | El régimen de Nicolás Maduro en Venezuela, anunció este martes que su país abandonará el dólar estadounidense en …
Translation: Only watch what we approve Linda Yaccarino Says the Corporate Media Needs to Educate Younger Viewers on News Consumption “How do you educate a younger generation about news literacy?…They’re used to seeing someone’s phone cam onsite somewhere telling them …
The next crisis is going to be really terrible. Last winter near where I live (Northern Ontario) people living in tents and makeshift housing froze to death. In Canada, one person in five went without anything to eat yesterday. And …
https://twitter.com/Truth_Only_Way/status/1655666361450766342 https://twitter.com/Truth_Only_Way/status/1655984151227400203 h/t Terces Egassem
CNN's JAKE TAPPER: "Frankly, sir, you don't have the numbers [on Biden's debt limit demands] … so what's 'Plan B'?" Top Biden economic advisor BHARAT RAMAMURTI: "Well there is no 'Plan B'" pic.twitter.com/1x9JKpUM1G — RNC Research (@RNCResearch) May 9, 2023 …
by Michael They actually did it. Even though banks are collapsing, the commercial real estate market is imploding, home sales are plunging, and large companies are laying off workers all over America, the Federal Reserve just decided to raise interest rates …
The World Economic Forum is partnering with corporations to dole out rations to you in between your intermittent fasting. Live like there is no tomorrow. Live Love Pray. pic.twitter.com/NKV19Dogic — THEWATCHTOWERS (@THEWATCHTOWERS) April 27, 2023 The World Economic Forum Says …
A failure by the US to raise its debt ceiling would lead to an economic and financial crisis in the country, Treasury Secretary Janet Yellen has cautioned, urging lawmakers to act and not wait “until the last minute.” The debt …
by Michael We are in the early stages of a global economic collapse, and people all over the globe are getting extremely angry. Here in the United States, higher prices are an inconvenience, but in other parts of the world …
by Michael This isn’t what a civilized society is supposed to look like. We aren’t supposed to have vast mobs of very angry young people rioting, looting and generally going nuts all over the country. But this is what our …
“They want more souls, I want less on the planet” pic.twitter.com/XnYIHO1rEW — David Wolfe (@DavidWolfe) April 17, 2023 h/t Cented
The market has been at this same level for almost a year. Caught between the prospect of Fed easing and recession. In the meantime, the prospects for an economic soft landing have steadily dwindled as the middle class implodes in …
by Michael This is moving even faster than a lot of us thought that it would. For weeks, I have been warning my readers about the coming credit crunch. When banks get into trouble, they start getting really tight with their …
Credit 💳 Card Delinquency pic.twitter.com/HZkNQCMpXt — Win Smart, CFA (@WinfieldSmart) April 6, 2023 Demand downturn is now the dominant reason for US layoffs. Source: @LPL pic.twitter.com/sGMVl6lfiv — (((The Daily Shot))) (@SoberLook) April 7, 2023 JPMORGAN CEO DIMON: PEOPLE SHOULD BE …
by Dismal-Jellyfish Governor Lisa D. Cook At “Exploring Careers in Economics,” a conference sponsored by the Board of Governors of the Federal Reserve System, Washington, D.C. Source: https://www.federalreserve.gov/newsevents/speech/cook20230404a.htm Good afternoon, and welcome to “Exploring Careers in Economics.” I am disappointed I …
