Posts In Category
Economy
Obama Killed Our Economic Freedom: “Stagnation, Unemployment, and Deteriorating Social Conditions”
Anyone who feels like the American Dream is dead can now cite solid evidence of its abrupt end. It seems that eight years of life under Comrade Obama was not only difficult economically, but was fiscally difficult for most American families because his administration had done so much to restrict …
Why Donald Trump Needs The Next Recession To Start As Quickly As Possible
A new recession is coming, and Donald Trump needs it to begin sooner rather than later. As I explained last week, most American voters tend to care about their pocketbooks more than anything else. If the next recession were to officially start during the first quarter of 2017, it would …
Recession 2017? Things Are Happening That Usually Never Happen Unless A New Recession Is Beginning
Is the U.S. economy about to get slammed by a major recession? According to Gallup, U.S. economic confidence has soared to the highest level ever recorded, but meanwhile, a whole host of key economic indicators are absolutely screaming that a new recession is beginning. And if the U.S. economy does …
Debt Apocalypse Beckons As U.S. Consumer Bankruptcies Do Something They Haven’t Done In Almost 7 Years
When debt grows much faster than GDP for an extended period of time, it is inevitable that a good portion of that debt will start to go bad at some point. We witnessed a perfect example of this in 2008, and now it is starting to happen again. Commercial bankruptcies …
Is It Just A Coincidence That The Dow Has Hit 20,000 At The Same Time The National Debt Is Reaching $20 Trillion?
The Dow Jones Industrial Average provides us with some pretty strong evidence that our “stock market boom” has been fueled by debt. On Wednesday, the Dow crossed the 20,000 mark for the first time ever, and this comes at a time when the U.S. national debt is right on the …
Dr. Doom Marc Faber: “Global Liquidity Will Move Into Precious Metals In The Next 3 – 6 Months”
Economist Marc Faber, who is known in many circles as Doctor Doom for his oft gloomy forecasts, says that stock markets are overvalued, but stops short of saying that a crash is imminent. Though valuations are high and sentiment is dangerously optimistic, Faber argues in a recent interview with Fox …
Nomi Prins: Financial Crash From Epic Debt, Asset Bubbles “Possible In Last Quarter 2017”
Could there be a crash coming in 2017? Will increasing interest rates at the Federal Reserve trigger the beginning of the end? It is possible, but not certain. It will fall, perhaps, after a new sense of normal sets in, and some become comfortable with the change in leadership, and …
Why Are Wal-Mart And Boeing Laying Off Workers If The U.S. Economy Is In Good Shape?
The stock market has been on quite a roll in recent weeks, but signs of trouble continue to plague the real economy. Earlier this week, I talked about the “retail apocalypse” that is sweeping America. Major retail chains such as Sears and Macy’s are closing stores and laying off workers, …
Trump’s Approval Rating Is Allegedly 37 Percent, But Small Business Optimism Just Hit Highest Level In 12 Years!
A Quinnipiac University Poll that was released on Tuesday says that Donald Trump only has an approval rating of 37 percent. Meanwhile, that same survey found that Barack Obama currently has an approval rating of 55 percent. Of course considering the fact that Quinnipiac polls showed Hillary Clinton winning the …
Americans Fear Personal Financial Disaster: “Economy Is Going to Implode”
As business enters into 2017 and the Trump Administration with high hopes for a new boom, individual households remain less than optimistic about their own financial future. With overwhelming student debt, and factors such as increasing costs of living, a new housing and auto bubble, difficulty finding good work and …