By Michael Snyder Article Source Economic conditions just keep getting worse. As we prepare to enter 2023, we find ourselves in a high inflation environment at the same time that economic activity is really slowing down. And...
Read MoreBy David Kelly Article Source A recent U.S. Federal Reserve report found that household wealth in the United States has suffered its second-fastest decline since 1959 during the first three quarters of this year. Only a positive...
Read MoreBy Michael Snyder Article Source We never seem to learn from our mistakes. Just before the financial markets crashed and the economy plunged into a horrifying recession in 2008, U.S. consumers went on a debt binge of epic...
Read MoreBy David Kelly Article Source President Biden’s poor fiscal management of government spending was exposed this week with the release of the Treasury Department’s data pegging the gross national debt of the United States at over...
Read MoreBy Michael Snyder Article Source In less than one year, 46 trillion dollars in financial wealth has been wiped out. If that isn’t a “crash”, how would you define one? Since last November, stocks and bonds have been plunging...
Read MoreBy Michael Snyder Article Source You have heard me say it over and over again. What we are witnessing right now reminds me so much of 2008, and we all remember what happened in the fall of 2008. That doesn’t mean that this new...
Read MoreUnless central bankers and economists can claim they have no understanding of supply-and-demand, I think it is safe to say inflation is no accident. By Jack Bingham Article Source With last week’s inflation report in America...
Read MoreBy Ron Paul Article Source A recent video shows penguins at a Japanese aquarium rejecting the cheap fish the aquarium has substituted for the higher quality fish the penguins are used to receiving. The reason the aquarium...
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