The general decline in the quality of tools and consumer goods predates the emergence of China as the workshop of the world, but the decline has gathered momentum with China’s dominance of manufacturing. Young people have little to no experience

Nick Bullman of Check Risk interviewed GoldCore’s Mark O’Byrne on “Down To Business” at the early hour of 0630 this morning. Topics covered were: – Gold’s fall in price in recent months – All focus on gold price and forgetting

It is widely assumed that manufacturing (a.k.a. the world’s workshop) is the source of China’s wealth. But how can this be true, given that manufacturing profit margins are razor-thin in China, and have been since the early 2000s? Given that

Dr. Nafeez Ahmed has been leading the way in documenting how declassified documents from the Pentagon prove that U.S. intelligence officials warned the White House that supporting al-Qaeda just to depose of Syria’s Bashir al-Assad would have serious blowback and end

It is only a matter of time before stock markets collapse under the weight of their lofty expectations and record valuations. China currency devaluation signals endgame leaving equity markets free to collapse under the weight of impossible expectations. Photo: Reuters

When do we finally accept the hopelessness of reforming a self-serving machine bent on destruction? My recent conversation with Max Keiser on Summer Solutions (25:45) included three bits of advice: 1. Stop financializing the human experience 2. Acquire skills, not

We discuss the ‘great manufacturing meltdown’ in the ‘great state of Chicago.’ In the second half, Max is joined by Mike ‘Mish’ Shedlock of globaleconomicanalysis.blogspot.com to discuss Chicago’s junk debt situation. They also explore the economics of renting designer handbags…!