Posts In Category

Economy

Is this a good economy or a bad economy?  Well, that all depends on who you are talking to.  For most Americans, economic conditions have been absolutely horrible ever since the COVID pandemic first arrived.  More than 100,000 businesses have permanently shut down, approximately 10 million Americans are in danger …

Our leaders are killing the U.S. dollar, and it is being done to thunderous applause.  The House and the Senate have now both passed the 1.9 trillion dollar “COVID relief bill”, and it will go to Joe Biden’s desk for his signature.  Of course we don’t actually have 1.9 trillion …

I didn’t think that this would happen.  A few years ago when the U.S. national debt crossed the 20 trillion dollar mark, I didn’t think that it would ever get to 30 trillion.  But at this moment the U.S. national debt is around 28 trillion dollars, and our politicians in …

If you thought that authorities all over the planet could print, borrow and spend money like there was no tomorrow without any consequences, you were being delusional.  Since the beginning of the COVID pandemic, we have witnessed the greatest monetary binge in world history.  Of course, that was going to …

A whole host of prominent voices have been warning that volatility and chaos would be returning to Wall Street, and that is precisely what has happened.  But is this just a temporary blip, or has the great shaking of the financial markets finally begun?  Many stock market investors are very …

We should all understand that inflation is coming after the economic destruction at the hands of the ruling class.  Now with the help of the central bank, the United States could very well end up looking eerily similar to the Weimar Republic soon. One week ago, the Bank of America hinted …

Volatility has returned to Wall Street, and it appears that our absolutely epic stock market bubble may be in serious trouble.  The S&P 500 closed down for the fifth trading session in a row on Monday, and that represents the longest losing streak that we have seen since last February.  …

Stock prices are not going to stay this high.  Everyone can see that we are in a stock market bubble that does not have any parallel in all of U.S. history, and everyone can see that the end of that bubble is approaching.  The only debate is about how fast …

The economic downturn that we are currently experiencing is making the last recession look like a Sunday picnic.  Yes, 2008 and 2009 were bad, but they weren’t anything like this.  Unprecedented intervention by the Federal Reserve has allowed the rich to get even richer during this crisis, but meanwhile millions …

There seems to be a growing consensus in Washington that the only way to fix the worst economic downturn in more than 70 years is by giving out much more free money.  Joe Biden wants more “stimulus”, Treasury Secretary Janet Yellen wants more “stimulus”, and most members of Congress from both parties …