Homeless street services stall as encampments continue to grow

12-01-2017 • http://www.latimes.com,

High above the Metro Gold Line tracks, a string of lean-tos that Lee Brown calls his "three-bedroom condominium" is tethered to a hilltop fence in Elysian Park.

The Dow Peaked At 14,000 Before The Last Stock Market Crash, And Now Dow 24,000...

12-01-2017 • By Michael Snyder

The Dow Peaked At 14,000 Before The Last Stock Market Crash, And Now Dow 24,000 Is Here

US Think Tank fears world economic and military domination from China's AI

11-30-2017 • https://www.nextbigfuture.com, brian wang

The Center for a New American Security (CNAS), a research arm of the US intelligence community is warning that if China is successful in developing superior Artificial Intelligence the balance of economic and military power will be shifted.

In The Past 50 Years, Americans Have Seldom Been 'More Confident' Than Today

11-28-2017 • http://www.zerohedge.com, Tyler Durden

The Conference Board's survey of Americans' Consumer Confidence surged to its highest since November 2000 in November, with both current and furture expectations spiking.

Mauldin: 8 Charts That Show How Insane The Economy Is Today

11-28-2017 • http://www.zerohedge.com, Tyler Durden

Since the 2008 financial crisis, there's been a growing number of ridiculous, inane, and otherwise nonsensical economic interventions from our central bankers that fill the daily economic headlines.

Tech Breakthrough Could Transform The Oil Sector

11-28-2017 • https://www.nextbigfuture.com, brian wang

As Saudi Arabia spins from crisis to crisis, U.S. oil hasn't missed a beat. It's stronger and more resilient than ever– and it has nothing to do with OPEC oil production cuts.

Time-Tested Economic Theory Being Thrown Under The Bus

11-28-2017 • https://www.technocracy.news, By: Jessica Elgot

As Technocracy and its Green Economy encroaches on Capitalism and Free Enterprise, traditional economic models are being forever corrupted with non-economic factors. Traditional economic analysis depends on factual historical data. Green Economic ana

A BASIC PRINCIPLE ABOUT THE MINIMUM WAGE

11-26-2017 • https://www.fff.org, by Jacob G. Hornberger

A state-mandated minimum wage causes unemployment. It's just a basic principle of economics.

The Cardinal Sin of International Finance

11-24-2017 • https://www.lewrockwell.com, By Nick Giambruno

As Doug Casey has correctly noted, the prime directive of any organism--whether it's an amoeba or a person or a corporation or a government--is to survive.

Black Friday mayhem: One shot outside Missouri mall as brawls close Alabama shopping center...

11-24-2017 • Daily Mail

...after stores open their doors early

David Stockman Exposes "The Illusion Of Growth"

11-23-2017 • zerohedge.com by David Stockman

The Wall Street Journal published a superb example of hopium recently in a sunny-side-up story entitled "U. S. Manufacturing Rides Rising Tide, Buoyed by Global Growth, Optimism."

Goodbye American Dream: The Average U.S. Household Is $137,063 In Debt, And 38.4%...

11-23-2017 • By Michael Snyder

Goodbye American Dream: The Average U.S. Household Is $137,063 In Debt, And 38.4% Of Millennials Live With Their Parents

Durable Goods Orders Plunge 1.2% Largely on Aircraft Orders

11-22-2017 • themaven.net, by Mike Mish Shedlock

Durable Goods orders fell 1.2% led by aircraft down 18.6%. Autos orders rose 1.7% in a lingering hurricane effect.

Existing Home Sales Drop Year-Over-Year For 2nd Straight Month-

11-22-2017 • zerohedge.com by Tyler Durden

- First Time Since 2014

Fiscal Sundown In America, Part 1

11-21-2017 • By David Stockman

The Senate Finance Committee tax bill is not supply side and it's not even a tax cut; it's a gimmick-ridden policy mongrel that smells to high heaven of political desperation and cynicism.

Is America In Terminal Decline?

11-19-2017 • Rhttp://www.zerohedge.com, Raul llargi Meijer

John Rubino recently posted a graph from Bob Prechter's Elliot Wave that points to some ominous signs. It depicts the S&P 500, combined with consumer confidence and savings rate.

An alarming number of shoppers are still paying off debt from last Christmas

11-19-2017 • https://www.cnbc.com, Emmie Martin

As the holiday season approaches, the pressure to spend spikes. This year, gift-buying Americans plan to spend $660 on average.

The 1950s Economic Golden Age Is a Myth

11-17-2017 • https://fee.org, by Daniel J. Mitchell

High marginal tax rates in the 1950s failed to generate revenue and stunted economic performance.

The Unbearable Slowness of Fourth Turnings

11-15-2017 • https://www.lewrockwell.com/2017/11/jim-quinn

"The next Fourth Turning is due to begin shortly after the new millennium, midway through the Oh-Oh decade. Around the year 2005, a sudden spark will catalyze a Crisis mood. Remnants of the old social order will disintegrate. Political and econ

Financial Tyranny: 'We the People' Are the New Permanent Underclass in America

11-15-2017 • https://www.rutherford.org/John Whitehead

Americans can no longer afford to get sick and there's a reason why.

The Fed Issues A Subprime Warning As Household Debt Hits A New All Time High

11-15-2017 • http://www.zerohedge.com, by Tyler Durden

After we first reported last week that US credit card debt once again rose above $1 trillion, despite a recent sharp downward revision to the data, while both student and auto loans rose to a fresh record high...

How The Fed Destroyed The Functioning American Democracy And Bankrupted The Nation

11-13-2017 • zerohedge.com by Chris Hamilton

I hope this article brings forward important questions about the Federal Reserves role in the US and I openly admit this is by no means a comprehensive article...

Mind the Junk----This Ain't Your Grandfather's Capitalism

11-11-2017 • By David Stockman

The financial system is loaded with anomalies, deformations and mispricings----outcomes which would never occur on an honest free market. For example, the junk bond yield at just 2% in Europe is now below that of the "risk-free" US treasury bond owin

Are The Rich Panicking?

11-10-2017 • http://www.zerohedge.com, by Tyler Durden

European elites are hoarding cash, the Japanese are stuffing safes full of high-denomination bills, the saudis are scrambling, and judging from the following chart, the richest Americans are getting increasingly concerned about the safety of their we

WARNING -- Cracks Appearing In Housing Market Foundation

11-08-2017 • https://dailyreckoning.com, By Zach Scheidt

"I could really use that $200,000 right now" my friend Brad told me over dinner.

The Black Swan In Plain Sight---Debt Out The Wazoo

11-08-2017 • https://www.lewrockwell.com

The black swan in plain sight does emit the Donald's orangish glow, but at the end of the day its true color is actually red.

The Economy Is Okay? U.S. Retail Store Closings Hit A New Record...

11-08-2017 • theeconomiccollapseblog.com, By Michael Snyder

If the U.S. economy is doing just fine, why have we already shattered the all-time record for retail store closings in a single year?

US Credit Card Debt Rises Above $1 Trillion As Student, Auto Loans Hit All Time High

11-08-2017 • zerohedge.com by Tyler Durden

Earlier in 2017, using the latest Fed data newspapers and financial media reported that US consumer credit card debt had risen above $1 trillion for the first time since the financial crisis