Posts Tagged

Economy

The biggest bank in the western world has just come out and declared that the global economy is “already in a recession.”  According to British banking giant HSBC, global trade is down 8.4 percent so far this year, and global GDP expressed in U.S. dollars is down 3.4 percent.  So …

While the Obama administration and their mainstream surrogates maintain that the economy is growing at a booming pace, the reality of the situation is starkly different. According to a report from the Bureau of Labor Statistics some 94.6 million Americans (age 16 and over) are either not working or have made no …

I am mourning for America because she is dying.  I am mourning for a nation that once knew such greatness but that has now fallen to depths that were once unimaginable.  I am mourning for the death and destruction that are coming, and I am mourning for a future that …

With fear-driven rhetoric emanating from spooked markets and Wall Street, there are clear signs that the long-rumored rate hike could rock the boat enough to cause worry about capsizing. The Federal Reserve is the 800-pound gorilla in the room. The Behemoth. The Colossus. The Leviathan. Its actions are those of …

Today, with the United States and the globe approaching another financial cliff, officials from the Federal Reserve are beginning to acknowledge the colossal failure of their quantitative easing program that was instituted in the wake of the 2008 economic collapse. The Vice President of the St. Louis Federal Reserve branch …

For the last several months there have been warnings of a coming economic storm, with many forecasting serious financial calamity by the Fall of this year. With stock markets in China having self destructed, Greece and Europe in another crisis, and corporate earnings for some of the world’s biggest corporations …

Right now, the financial world is focused on the breathtaking stock market crash in China, but don’t forget to keep an eye on what is happening in Europe. Collectively, the European Union has a larger population than the United States, a larger economy than either the U.S. or China, and …

Did you know that the percentage of children in the United States that are living in poverty is actually significantly higher than it was back in 2008? When I write about an “economic collapse”, most people think of a collapse of the financial markets. And without a doubt, one is …