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Economy

Did you know that when you take the number of working age Americans that are officially unemployed (8.2 million) and add that number to the number of working age Americans that are considered to be “not in the labor force” (94.3 million), that gives us a grand total of 102.5 million working …

It’s no conspiracy. The music will soon stop and the economy will take a big hit when the bubble bursts – even the timing has been chosen. The Fed has been pumping easy money and buying time with future pain for years now, but the worm is turning. Only, the …

We just got more evidence that a major economic slowdown is underway here in the United States.  Existing home sales were down a whopping 7.1 percentduring the month of February, and this represented the biggest decline that we have seen in six years.  This is yet another sign that we are in …

When panic and fear dominate financial markets, gold and silver both tend to rapidly rise in price.  We witnessed this during the last financial crisis, and it is starting to happen again.  Because I am the publisher of a website called The Economic Collapse Blog, I am often asked about gold …

Fact: The Federal Reserve has screwed over the country. Monetary policy has been the single most important factor in the economy for some time. A new analysis from economist Brian Barnier shows that while future GDP, household debt from credit cards and tech accounted for past bubbles in American history, …

Up until January, the majority of people assumed that governments and central banks had everything under control. Zero-Interest and Negative-Interest rate policies coupled with unprecedented monetary printing appeared to have stabilized the economy and financial markets. But then something broke. Stock exchanges crashed following the New Year and investors the world over went into …

Exports fell precipitously during the last two recessions, and now it is happening again.  So how in the world can anyone make the claim that the U.S. economy is in good shape?  On my website, I have been repeatedly pointing out the parallels between the last two major economic downturns and the …

For the first time ever, total credit card debt in the United States is approaching a trillion dollars.  Instead of learning painful lessons from the last recession, Americans continue to make the same horrendous financial mistakes over and over again.  In fact, U.S. consumers accumulated more new credit card debt …

Earlier this week hedge fund manager Marin Katusa explained that up until the recent stock market hit all the easy money flowing into the energy sector was being exuberantly spent on hookers, blow and fancy toys. Now, as oil prices hover under $40 per barrel, Katusa said more pain is likely coming …

Despite the extent to which the officials in the White House, and the talking heads in the media and on Wall Street deny that the economy is faltering, it is this very issue that is driving voter outrage in the direction of Trump and Bernie. It’s the jobs, stupid! And …