People still don't get it. The only reason the economy "recovered" is that a rising dollar kept interest rates low and consumer prices in check, allowing America to go deeper into debt and consumers to keep spending. As the dollar sinks the economy will go down with it.

People still don't get it. The only reason the economy "recovered" is that a rising dollar kept interest rates low and consumer prices in check, allowing America to go deeper … Read more

Think of the Perfect Economy: Full Employment, Low Inflation, Strong Earnings, Growth, Low Interest Rates. Add High Valuations. Only Happened Twice in History

The Global Economy Is Partying Like It’s 2008 Small Company Surges 2,400% in a Week After Announcing It’s a Crypto Company Stocks surge to record highs yet again Chasing the … Read more

BoingBoing: Americans have no savings, with good reason: housing, education and health care costs are out of control, wages are stagnant, and the Fed has suppressed interest rates…. basically you're going to die broke

@StockBoardAsset Anyone notice the trend in wages & salary growth? pic.twitter.com/ZuUe79fgcs — Alastair Williamson (@StockBoardAsset) December 13, 2017 America’s Wage Hope Hammered – Real Earnings Suffer Longest Slump Since 2009 … Read more

Central banks are damned if they raise interest rates and damned if they don't, largely because their policies have resulted in both risk-taking (i.e. the creation of asset bubbles in stocks, bonds and real estate) and excess levels of debt.

Here’s a summary from the report which succinctly explains the potential debt crisis and how the world’s central banks have painted themselves into a “monetary policy corner”: “Otherwise, over long … Read more