Spreading the truth. Empowering the people.
This brave Chinese professor calculated in 2018 that China’s real GDP was below 2% and contracting violently. He was vindicated. Unfortunately, there’s no free speech in China so he may … Read more
By JLC China recorded a year-on-year decline in its gasoline production in June 2019, the first time so far this year, which has also been rarely seen over past years. The … Read more
(Bloomberg) — U.S. crude output soared to new heights in April, highlighting OPEC’s dilemma just days before the producer group meets amid growing geopolitical threats. A government report on Friday … Read more
By David Stockman Fixed Asset Investment
by howmuch Government spending has been in the news a lot since the national debt reached a record $22 trillion earlier this year. While debt incurred by the federal government tends to draw … Read more
by howmuch The U.S. economy hit $20.5 trillion in GDP in 2018. What does this number actually mean? Well, GDP stands for “gross domestic product”, or, the total value of goods … Read more
by Natura Naturans It seems the sun has dimmed more than the usual amount at the end of solar cycle 24, and it could be a factor in the severe winter … Read more
by John Ward The senior members of the annual Davos skiing jolly (aka World Economic Forum) have published a damning indictment of those in charge of shaping the future for life … Read more
One of the largest manufacturing industries in all developed and emerging countries is represented by the chemical industry. It is central to the modern world economy, converting raw materials … Read more
by Martin Armstrong The EU has shocked the auto industry and came out based upon this new round of forecasts that humans will be extinct by 2050. Cars must now become … Read more
by WARREN MOSLER Looks like it’s turned up a bit with the tax cuts? Looks like this source of private sector deficit spending has gone flat again: Looks to me a … Read more
10.7cm Flux another way to measure our Suns output beyond sunspot count alone shows a downtrend and this is forecast to result in cooler temperatures on Earth. Record snows in … Read more
by Simon Black Exactly ten years ago, in the middle of the summer of 2008, the world was only two months away from the most severe financial crisis since the Great … Read more
by stockboardasset The Director-General of the International Organization of Vine and Wine (OIV), Jean-Marie Aurand, presented breathtaking information on the collapse of global wine production, assessment of the worldwide harvest, and the state … Read more
by WARREN MOSLER Real Earnings News Release All employees Real average hourly earnings for all employees were unchanged from January to February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported … Read more