by Charles Hugh-Smith The vise will tighten until something breaks. It could be the currency, it could be the political status quo, it could be the credit/debt system–or all three. The problem with an economy dominated by state-enforced cartels and …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The price of cryptocurrency Ripple had been languishing for months at around $0.20 back in 2017, giving it an already astonishing market capitalization of around $8 billion. But on December 11, it took off. In the …
by John Coumarianos Are we in a depression? The question seems absurd. There has been GDP growth since 2009 and some mild inflation to go with it. In fact, this is the second longest economic expansion on record. As Robert Shiller said …
Globally we watch as the turmoil builds and builds. The propaganda is spilled throughout the media. People find themselves heavily burdened by the system that was created to trap them. And in the end, many fall because of the devaluation …
Future Money Trends, Released on 3/23/18 Philip Kennedy (philipkennedy.com) discusses the future of the economy under Trump and the potential needed to fix the underlying problems. The pair also take a look at the long term role cryptocurrencies can play …
https://www.youtube.com/watch?v=tgVsEDQFjh0 For More Information See: https://www.cnbc.com/2018/03/08/jp-mo… http://www.businessinsider.com/toys-r… http://www.foxnews.com/us/2018/03/17/… https://www.reuters.com/article/us-us…
Always a fun topic. China will continue to gain power and global dominance. But surely they will encounter dips along the way. Right now there has been persistently less growth and it doesn’t seem to be letting up any time …
This study shows that since 2008 and the great Recession the economy didn’t grow at all if you deduct the injection of debt financed deficit spending. Here is a chart of GDP minus deficit spending: This is sort of like …
by Simon Black Well, it happened again. On Friday afternoon, the national debt of the United States hit another major milestone, soaring past $21 trillion for the first time ever. Clearly that is an enormous number… it’s actually larger than the size …
Let me know where you live and if this seems accurate to you. Your input is highly appreciated here at The Money GPS, I assure you. Thank you all. Taxation is a heavy burden, no doubt. But in some areas …
Last summer, Zero Hedge compiled a primer of sorts on the global sharing economy. Their primer drew largely from Bank of America’s report on the global sharing economy, which was quite bullish on its future. According to BofA, the sharing …
We are now seeing stores that have existed for 70 years completely disappear while thousands of people will be out of work. Congress is ready to roll back Dodd-Frank. Trump wants to replace NAFTA with Bi-lateral trade deals. Germany and …
Josh Sigurdson reports on Trudeau’s falling popularity following his cringe worthy trip to India. At the same time as Justin Trudeau makes himself look like a small child, the Bank For International Settlements (BIS) has warned that Canada is among …
Josh Sigurdson talks with author and economic analyst John Sneisen about the recent warning by BIS (Bank For International Settlements) that Canada is one of the 3 most at risk economies in the world! Alongside China and Hong Kong’s economies, …
https://www.youtube.com/watch?v=EVtegEQQUaM For More Information See: https://www.cnbc.com/2018/03/08/jp-mo… http://thefreethoughtproject.com/roth… https://www.zerohedge.com/news/2017-0… http://fortune.com/2017/12/13/federal…
The US cannot compete in the global economy. It's a fake economy. Forty-two percent of Americans are facing their golden years with less than $10,000 in savings. A study released by GoBankingRates reveals that older people planning their retirement have …
by Adam Taggart Author and commentator James Howard Kunstler returns as our podcast guest this week for an update on where we are in The Long Emergency timeline. In this wide-raging discussion ranging from the pervasiveness of propaganda in today’s media to …
The Myth of Sound Fundamentals The recent correction in the US stock market is now being characterized as a fleeting aberration – a volatility shock – in what is still deemed to be a very accommodating investment climate. In fact, …
via bloomberg Our prediction last year of a global growth downturn was based on our 20-Country Long Leading Index, which, in 2016, foresaw the synchronized global growth upturn that the consensus only started to recognize around the spring of 2017. With the …
Uk retailers getting hit hard, just like in the US. This is spreading to all countries. Credit card usage starts to slow, people are maxed out, we saw this right before the crash of 2008. Half the companies are losing …
From Fortune: In his first testimony to Congress this week, new Federal Reserve Chair Jerome Powell argued that the U.S. economic outlook is positive. He cited “the robust job market” boosting consumer incomes and spending, strong growth in other countries helping U.S. exports, and …
From Bill Bonner, Editor, Bill Bonner’s Diary: GUALFIN, ARGENTINA – Another miracle! It rained. “We got 200 millimeters (about 8 inches) this year,” reported the capataz, Gustavo. After two years of drought, finally, the fields, mountains, and pastures are green. And …
The push is on more vendors and transaction system entire the crypto sphere. Another leading indicator reveals itself, the economy is cracking and it is accelerating. Since Trump proposed Tariffs the corporate media, financial pundints and government officials are taking …
The trade wars have begun, but what does this mean? To find out we need to go back in time and look to see if other Presidents tried to do the same thing. Trump is pushing tariffs and reciprocal taxation, …
https://www.youtube.com/watch?v=Z-Vormmz_MA Today’s Guest: Jeff Berwick Websites: The Dollar Vigilante http://dollarvigilante.com
via Danske Bank The official Chinese PMI manufacturing fell sharply in February from 51.3 to 50.3 (Consensus 51.1). While there could be some distortion due to Chinese New Year, the decline is nevertheless so big that it is still likely to …
by DukeofVermont I can explain in brief and broad terms but I’d suggest reading up on somewhere like BBC, the Economist, etc for better info. (I’ll try to link to the articles where I’m pulling numbers) forbes A lot of the Chinese …
Democrats’ doomsday?: http://archive.is/p2mSp
Simon Black recently said this: pic.twitter.com/G1xegPRCSF — Alastair (@StockBoardAsset) February 16, 2018 President Trump's winning strategy crushing the dollar and expanding the trade deficit. Didn't candidate Trump say the opposite? pic.twitter.com/URjkhOdaLO — Alastair (@StockBoardAsset) February 15, 2018 The bad times …
by Daniel Carter Politicians, economic “experts” and the talking heads in mainstream media will never tell you that monetary policy is the most important issue facing the United States. Whether you realize it or not, monetary policy has a direct …