Recession Since 2022: US Economic Income and Output Have Fallen Overall for Four Years
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In this study we aim to quantify some of the more egregious biases in inflation statistics in order to get us closer to a true understanding of inflation since ... Read more.
China Enters the Economic Doom-Loop
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China's ruling Politburo held an emergency economic meeting and decided to crank up the money printers to 11, pumping money to consumers, to banks, to property ... Read more.
The “Financial Coup” That Seized America
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In the wake of the 2008 Financial Crisis, former chief economist of the IMF Simon Johnson warned that the same dysfunctional policies he saw in his basketcase b... Read more.
Save the Voters, Replace the Schools
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If we're to save our democracy, we have to save our voters - by replacing government schools with schools that actually teach instead of indoctrinate. That coul... Read more.
Canada’s “Worst Decline in 40 Years”
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Near-term things will get worse. Conservative Pierre Poilievre is ahead in the polls, but Canada's government-funded media is doing everything they can to destr... Read more.
Will Debt Sink the American Empire?
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Will Debt Sink the American Empire? America is "cruising" into an uncharted sea of federal debt, with a government seemingly incapable of turning it around. In ... Read more.
Are We Already in Recession?
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My base case has been that we're repeating the 1970s disaster driven by out-of-control government spending and out-of-control Fed money printing. The official n... Read more.
Is the Global Inflationary Depression Already Here?
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Going back to that commercial real estate crisis, for the New York Times story, most of the large banks would not talk to reporters doing the story. It’s a do... Read more.
The 3 Drivers of US Consumers Hit a Wall
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In short, consumer spending over the past year has been propped up by 3 things: incomes, savings, and debt. All are now out of runway.... Read more.
Renters and Owners Live in Separate Economies
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In short, renters are in dire straits financially, while homeowners are "continuing to reap the rewards" of cheap pandemic money that left renters with nothing ... Read more.
Media: Gen Z is Doomed
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Years after the fact, the mainstream media is discovering that Gen Z is doomed. As CNN puts it, Gen Z is "earning less, has more debt, and higher delinquency ra... Read more.
The Rich Get Richer: Thank the Fed
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As long as we have a central bank the rich will get richer, and the poor will get inflation. With the Fed eyeing a repeat of the 2022 inflation, America's rich ... Read more.