The recent warnings of an imminent collapse in the U.S. aren't paranoia or typical doom saying by writers warning of crashes for three decades. These warnings are just common sense. Take a look at the news reports quietly being published in mainstr
More debt equals less growth. In October, I discussed the "2nd Derivative Effect" and the ongoing cost of the stimulus. With the passage of the $1.9 trillion "American Rescue Plan," will the math of debt to growth change?
So much for the patriarchy.
Lacy Hunt at Hoisington Management has some interesting thoughts regarding the inflation debate.
There has been a clear shift in market mood and sentiment ever since the COVID pandemic: whereas the Fed smashed mortgage rates to record lows, and the federal government delayed the foreclosure wave via forbearances.
Despite progressive lawmakers in his own party long demanding a serious reduction in the Pentagon's notoriously bloated budget, President Biden on Friday is expected to request a whopping $715 billion for the Pentagon for fiscal year 2022.
...Market Crisis. "There still will be some people who say, 'I'm glad to take my $300 to $400 a week and stay home, rather than go out and work and earn $500 a week."
After briefly dipping below 700k two weeks ago, the number of Americans filing for first time jobless claims has spiked back to 744k. This is coming despite reopenings happening broadly across America...
"People aren't investing, they're just chasing."
The last 12 months have been pure hell for the U.S. economy. According to Oxxford Information Technology, approximately 4 million U.S. businesses permanently closed their doors in 2020.
As Talk Turns to Inflation, Some Investors Look to Gold
For all intent and purpose, the labor market situation in America has gone nowhere in 4 months...
As his bank tries to offload big blocks of Manhattan real estate, JPMorgan CEO Jamie Dimon proclaimed in his latest annual letter to shareholders, published Wednesday morning, that the economic expansion in the US could run through 2023, which would
...As Pandemic Ends. "I do worry about excesses and imbalances," adding that "failing to communicate Fed exit could stoke risk-taking"...
How can you eliminate your debt and get your real estate investing journey started? Join Ken McElroy and Marko Zlatic of Whiteboard Finance as they discuss ways to tighten your budget, focus on personal finance, and start investing in real estate pro
"We are now speeding down the road of wasteful spending and debt, and unless we can escape we will be smashed in inflation."--Herbert Hoover
The major automakers look to finally be back. And this time around, they're selling EVs, too. What's selling? "Everything," said one Ford dealer.
"The current state of play, including upbeat U.S. data alongside bullish fiscal plans, are more likely than not to keep the U.S. dollar's edge intact."
"Bubbles are characterized by extreme predictions, tend to dominate conversations and induce people to leave their jobs. The warnings of bubble skeptics get invariably met with scorn and derision."
You can't reduce the size of a 4×8 sheet of plywood to hide the rising cost of one - or shave some length off a 2x4x8 - without it being not only obvious but an issue, functionally. Try siding a house with 4×7.4 sheets of plywood, for instanc
--To Accept Digital Money & The Great Reset
Job growth in March was also widespread, with the bulk of hiring taking place in leisure and hospitality, public and private education, and construction.
Learn Your Lines The Biden infrastructure plan has been rolled out, and it seems the Washington Post was kept in darkness by its source: the total was 'only' $2.25 trillion. Is $2.25 trillion even much money anymore? I ask that in all seriousnes
One of the reasons for the welfare state is the concept of redistribution of wealth.
The results are in--and they overwhelmingly vindicate the free states over the authoritarian experiments.
The wealthy are reveling in their giant mountains of money, but meanwhile our society is literally coming apart at the seams all around us.
Since the beginning of the pandemic, government debt and money printing are off the chart. This is creating inflationary pressure. Prices are on the rise. And this is by design. In fact, the Fed has been promising more inflation for years. As Peter S
Why the housing market will crash by late 2021 or early next year If the government doesn't throw money on this problem. With 2.5 Million due on their mortgages and 8.8 million now are late on their rent payment. In Todays video Ken Mcelroy explained
Either the Fed is blindly ignorant of what's going on, or it's on purpose. Take your pick... The result is a big set of bubbles, whether the Fed sees them or not.
Peter Schiff (Schiff Gold) on the economy, gold/silver, silver short squeeze, etc...