The Free Lunch Is Over
The US economy has very serious structural problems
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Tag: Economy
The Burrito Index: Consumer Prices Have Soared 160% Since 2001
4.5 times greater than the official rate of inflation.
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Seven Years Later, Recovery Remains the Weakest of the Post-World War II Era
Despite longevity, total growth during this economic expansion is lower than for much shorter business cycles.
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Homeownership Rate in the U.S. Drops to Lowest Since 1965
The drop extends a years-long decline from the last housing boom.
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Brexit Doom-monger IMF Admits Failings Over Propping up the Greek Economy and being too Supportive of the Euro Project
IMF was unprepared for the debt crisis that hit Europe, its watchdog says.
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Bye Bye Middle Class: The Rate Of Homeownership In The United States Has Hit The Lowest Level Ever
After rising just over a decade ago to its highest level ever, the nation’s homeownership rate fell to match its all-time low and could drop even further in the months to come.
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Study says banks in EU stress tests could require €900bn
34 listed banks in the latest stress tests have lost an average of 33 per cent of their book value.
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Why We Need Profits
One of the most important tools of advanced cooperation is monetary profit.
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Restaurant Recession Could Signal Tough Times for U.S. Economy
Flagging U.S. restaurant sales could be a harbinger for broader economic peril.
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Dem Platform Rejects Fossil Fuels, But DNC Gladly Takes Oil Money
Democrats have echoed calls from hardcore environmentalists to investigate energy companies that disagree with them.
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There’s a big problem with Fed statements
The statement is likely to be about 500 words long.
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The Navy’s $13B Aircraft Carrier… That Doesn’t Work
Latest example of wasting tax dollars.
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Bitcoin Not Money, Miami judge Rules in Dismissing Laundering Charges
Circuit judge ruled Bitcoin not backed by any government or bank, and not “tangible wealth” and “cannot be hidden under a mattress like cash and gold bars.”
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America Needs a Good, Old-Fashioned Economic Depression
NIRP simply never could exist in a real-money world.
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Catherine Austin Fitts: US & Clinton Beyond the Law
“We know the entire financial infrastructure of the government has been run as a criminal enterprise for quite some time.”
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