By the end of 2016, some analysts predict that the overall credit debt total will exceed $1 trillion dollars nationwide
We've lived through the illusionary "good times" of the Nasdaq & housing bubbles. They were followed by inevitable and heart-wrenching crises.
The trade deficit was larger than the consensus forecast of $43.0 billion. The first graph shows the monthly U.S. exports & imports through June 2016.
The cost of welfare is now well over $1 trillion a year. Food stamps are so ubiquitous that they have replaced dollars as the new standard currency
The Fed has kept interest rates low to spur growth “it’s a deflationary world” in which monetary policy is “weak & dying,” said Gross
GDP is failing to respond to the enormous insulin in injected into the economic system. Stated differently, GDP remains sluggish despite the massive
showing the gaping disparity in the quality of the US labor market, we present the breakdown between the lowest paid jobs available
Today’s jobs report was better than expected. Average hourly earnings YoY has finally struggled back to July 2009 levels.
I’m looking for more such helicopter money - fiscal stimulus applied directly to the U.S. economy & financed by the Fed...
The government applied a “very benign seasonal adjustment factor upon private payrolls to transform a soft private payroll gain into a strong gain.”
In the end, there is no end in sight to the fiat currency purchasing power devaluation objectives of Central Bankers
International linkages between interest rates in different currencies are strong, and ultra-low rates have become a global phenomenon....
economic weakness underlying a record high stock market), the jobs market has suddenly surged... now where have we seen this before?
George W. Bush doubled the federal debt from $5 trillion to $10 trillion. Obama’s on target to double the federal debt from $10 trillion to $20...
ANY big announcement about banks made after the markets close for the weekend is bound to bring back dark memories of the 2007-08 financial crisis
what we may be seeing here is a declining 'bang for the buck' or 'the law of diminishing returns' for the massive amounts of liquidity which the Fed..
For most experts, deflation, which they define as a general decline in prices of goods and services, is bad news since it generates expectations...
Since its inception, the Fed has ruined not just the U.S. economy, but also democracy.
We thought the average joes and joannas of America might need reminding of just what is devouring their wages...
Not all jobs are created equal. There is a world of difference between a $100,000 a year energy industry job & a $10 an hour job at Wal-Mart.