Spreading the truth. Empowering the people.
Washington is flirting with a debt crisis. No one has a plan to stop it Washington (CNN)The US government is hurtling toward a potential financial crisis, and no one in Washington … Read more
By John Mauldin The US, Europe, and most of the developed world on are the road to Japanification. The rest of us will begin to look like Japan with its … Read more
By David Stockman Total residential construction spending dropped 8.4% from a year ago, the sixth month in a row of year-over-year declines, to a seasonally adjusted annual rate of … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But other construction segments are hot. Residential construction is starting to make folks nervous. Total residential construction spending – 99% is “private” rather than “public” spending … Read more
Houses go first, then big ticket items, then spending. t.co/1azUvlOrPZ — Teddy Vallee (@TeddyVallee) May 1, 2019 uh this can't be good t.co/6SwQmhdez8 — Alastair Williamson (@StockBoardAsset) May 1, 2019
By Irina Slav Big Oil plans to spend nearly US$5 trillion in capital expenditure over the next decade, much of which would go into adding new production. Yet this money … Read more
Authored by Ryan McMaken via The Mises Institute, Presidential candidates Bernie Sanders and Elizabeth Warren have both come out in favor in “free” public colleges and universities. The scheme could be funded, … Read more
by Ron Paul Imagine being robbed every time you receive a paycheck, but once a year getting some of the stolen money back because the thieves took more than they intended. … Read more
Should middle America be thankful for all the “jobs” provided by the military in areas like the National Guard? That’s the argument of some pro-war progressives. It’s dead wrong. The … Read more
by WARREN MOSLER Not looking good: Not looking good: In contraction: South Korea March exports contract for fourth month (Reuters) Overseas sales slid 8.2 percent in annual terms in March. … Read more
by WARREN MOSLER Income and spending both weakening: Income: Ratcheting down with each setback: Spending: Highlights Consumer spending in January wasn’t able to meet Econoday’s consensus, up only marginally at … Read more
by yes_its_him Inspired by the recent really-big table of credit card rewards, I want to start a discussion about how you can obtain a superior level of organic return … Read more
by Jim Rickards via Daily Reckoning I try to avoid partisan politics in my analysis. And I never try to tell people how to vote or what they should think. I trust my … Read more
by WARREN MOSLER Gone negative year over year adjusted for inflation: This series looks to me like it’s flattened and adjusted for inflation remains well below 2008 highs, and … Read more
by confoundedinterest Today is a double whammy for bad news for the US economy. First, The Census Bureau monthly construction spending report reveals that highway and street spending rose 11.7% in … Read more
