The crypto exchanges were hacked, this is not as bad as it seems, the exchange was small and this is a centralized exchange system just like the banking system, this is why the exchanges are moving towards a decentralized system. China’s credit impulse is taken a dive and this will most likely have an effect … Read more
by Mac Slavo of SHTFplan Dr. John Hussman, whose Ph.D. is in economics, says that the economic Ponzi scheme we are forced to live under will be the cause of the next market crash. Our “dysfunctional economic system provides the illusion of prosperity for some segments of the economy,” Hussman wrote. Dr. Hussman asks us to examine two vastly … Read more
Do you think that as the years go on, the economy will improve? Or will we look back 10-20 years from now and think today looks great by comparison? When you look at the statistics, you can easily be fooled. They show us a rosy picture. The economy is booming apparently! But let’s have some … Read more
1972 until 2018. Private corps took over healthcare, Housing & Student Debt Up,up,up! Incomes &savings not so much. I thought capitalism was supposed to make prices go down? I thought people should see the depressing slide in United States citizens finances despite record unemployment numbers & huge wall street gains. I mean Venezuela might have … Read more
by Michael Snyder How many others among the elite are thinking the exact same thing that Bill Maher is thinking? For more than a year, special counsel Robert Mueller’s investigation has been the focus for those that have wanted to get rid of President Trump, but at this point it has become obvious that Mueller’s investigation … Read more
by Maurice Jackson for Streetwise Reports (6/8/18) Chris Marcus of Arcadia Economics speaks with Maurice Jackson of Proven and Probable about what investors can do to prepare for economic uncertainty. Maurice Jackson: Today we will cover equity markets in a clever, simple way to hedge your portfolio. Joining us for conversation is Chris Marcus, of Arcadia Economics. Who is … Read more
by COMPUTER1313 via Bloomberg: As suppliers struggle with bottlenecks, the food distribution company said it is having trouble keeping shelves stocked and paying higher transportation costs. “Higher demand is pressuring our supply chain,” Chief Executive Officer Steven Spinner said on a conference call after reporting results late Wednesday for the fiscal third quarter. “A headwind from … Read more
via Hussman Funds: Ever-increasing amounts of debt, taken on by those least able to pay it back. As the current Everything Bubble inflates to ever-more-absurd levels, larger loans must be sold to people who have almost no chance of ever paying them back. Who eventually pays for these sure-to-default bad loans? You do. Or your … Read more
via Economica : Population demographics in the developed world paint a grim economic picture. Rapidly aging populations and plummeting birth rates mean drastic declines in productive population and a commensurate drop in energy consumption. Fortunately (or unfortunately, depending on your viewpoint), we know what happens when this occurs over a longer time horizon, as it has … Read more
Global growth now hamstrung by a moderate but unmistakable slowdown in economic momentum in Europe and elsewhere. https://twitter.com/WSJCentralBanks/status/1003671616197414912 Billionaire Investor Cooperman Says He Would Sell Stocks “I think that inflation and interest rates will catch up to the market as we normalize” “I would be a reducer on strength, not a buyer on strength. I … Read more
Incredible when you see all these indicators and it still keeps going up and up. https://twitter.com/StockBoardAsset/status/1003796795770585089 America quit saving. Households are getting squeeze by higher gas prices, recently pushing the savings rate below 3% pic.twitter.com/i1pWna5uSb — The Long View (@HayekAndKeynes) June 4, 2018 h/t @Callum_Thomas pic.twitter.com/JOLdzJ3w29 — Alastair (@StockBoardAsset) June 4, 2018 "Bank lending is … Read more
Published on Sep 27, 2012 European Debt Crisis – World Economy Explained – Do something about it today
Follow link for full blog and charts, my edit below. https://www.hussmanfunds.com/comment/mc180604/ Consider two economic systems. In one, consumers work for employers to produce products and services. The employees are paid wages and salaries, and business owners earn profits. They use much of that income to purchase the goods and services produced by the economy. They … Read more
Dubai will start using the blockchain technology for 50% of its transactions, China is embracing the blockchain, the world is now moving towards the blockchain away from the central bank. Housing is declining rapidly, pending, existing and new home sales all decline.Mortgage and refinancing applications implode as rates move up. The agenda, crash the economy … Read more
From Birch Gold Group When you poke a bear through a cage, eventually that bear becomes enraged enough that it will want to reach through the bars and take a swipe at you. The U.S. has been poking a global trade “bear” through the economic cage by placing various sanctions on trade since 1951. The U.S. … Read more
The founder of Ethereum asked the question does the central banks (Rothschild) control reach into the blockchain world. To control the blockchain it would be very difficult to control a single crypto would be more feasible. Case Shiller prices rise to the most that we have seen since the financial crisis, this is way over … Read more
by Martin Armstrong In France, the Unions and opposition parties are rising up in protests denouncing a Macron-led overhaul of labor rules that would reduce worker protections and laws increasing police powers. They are alleging that Macron supports tax reform which favors France’s wealthiest and is working to tear down public services. They, of course, … Read more
via ALESSANDRA SCOTTO DI SANTOLO JACOB Rees-Mogg blamed EU’s arrogance for the collapse of the would-be new Italian populist government following Italian President Sergio Mattarella who vetoed an anti-euro minister proposed by the eurosceptic coalition. Speaking on LBC, the Tory backbencher argued President Mattarella’s decision to overthrow Italy‘s populist coalition showed EU’s condescension against the will of the Italian people following the … Read more
by Spencer P Morrison, NEE According to The Hill, a new study shows that “isolationist trade policies” could cut $2 trillion from America’s gross domestic product (GDP) by 2022. As such, President Trump’s tariffs will not make America great again—they will make us poor. Instead, The Hill implies that America is best-off embracing “internationalism” as its modus operandi. There are just two … Read more
via dailysignal: The left is sleepless in Seattle, working overtime to squander years of economic success. Seattle is, by many measures, one of the fastest-growing cities in America, if not the fast-growing city. A few big tech companies, including Amazon and Microsoft, plus other large, successful businesses such as Boeing and Starbucks, have fueled this explosive rise. … Read more
This is so important and is rarely discussed in the financial media (No surprise). Do you see how this LIBOR rate increasing will make a huge impact on the global financial markets? We always pay attention to the Federal Reserve and their actions. And no doubt they are critical. But more attention needs to be … Read more
by Michael Snyder There have not been so many trouble signs for the global economy in a very long time. Analysts are sounding the alarm about junk bond defaults, the smart money is getting out of stocks at an astounding rate, mortgage rates are absolutely skyrocketing, and Europe is already facing a full blown financial meltdown. … Read more
Image by iStock/baona From Jim Rickards, Editor, The Daily Reckoning: A major blind spot in U.S. strategic economic doctrine is the increasing use of physical gold by China, Russia, Iran, Turkey and others both to avoid the impact of U.S. sanctions and create an offensive counterweight to U.S. dominance of dollar payment systems. This is the … Read more
by Daisy Luther, The Organic Prepper The economic collapse of Argentina in 2001 is the stuff of prepper legends. For years, it was the example that we pointed to when trying to convince others that, yes, it really can happen. (Now, of course, that example has been replaced by the dramatic fall of Venezuela.) There’s even a … Read more
BY SRSROCCO The U.S. and global economies are choking on a massive amount of debt. While Wall Street and the Mainstream financial media continue to rationalize the skyrocketing debt as merely the cost of doing business, the disintegrating fundamentals point to an economic catastrophe in the making. Of course, a full-blown economic meltdown may not occur … Read more
by Brandon Smith The summer season is often about renewed hope and revelry in comfort, and this goes for economic comfort as much as anything else. In parallel to the old tale of The Ant And The Grasshopper, we are all tempted to act like the grasshopper, forget about the trials and tribulations of the world and … Read more
By Bob Shanahan Cover image via Pixabay America’s current economic situation is not one of financial security or encouraging growth. Below the surface of our 106+ month-long “recovery,” now the second longest on record, is a sense of anxious anarchy in American households. Working men and women are struggling to make ends meet and … Read more
by FS Our Financial Sense leading economic indicator (LEI) peaked in October 2017 and has experienced six months of consecutive declines. It is still in positive territory—meaning the risk of a recession over the next six months is quite low—but weakening, confirming the growth slowdown ECRI’s Lakshman Achuthan warned about earlier this year on FS Insider. (click … Read more
Corporations are looking at the blockchain and they are now building platforms to support it.Paypal says they will be looking at cryptocurrencys in the future, they are waiting for it to stabilize. Square cash is now supporting bitcoin and many others are moving into this area. The switch is happening. New Zealand retails sales take … Read more
