Home » Economics (Page 207)
Category Archives: Economics
Deep Economic Suffering Has Erupted All Over America, But Guess Who The Federal Reserve Is Helping?
Deep Economic Suffering Has Erupted All Over America, But Guess Who The Federal Reserve Is Helping? As millions upon millions of Americans lose their jobs in the greatest wave of unemployment in U.S. history, the Federal Reserve has decided that now is the time to spend trillions of newly created dollars in a desperate attempt […]
The Saudi-Russian oil price war tag team: Are things what they seem?
The Saudi-Russian oil price war tag team: Are things what they seem? To the casual observer Saudi Arabia and Russia, two of the top three producers of oil in the world, have been having a spat about what to do about low oil prices. (See here and here.) Each has accused the other of bad faith and counterproductive […]
The Elites Are Already Prepared for the Coming Collapse of the Dollar Bubble
The Elites Are Already Prepared for the Coming Collapse of the Dollar Bubble Today, stock market investors are hoping desperately for Weimar-style hyperinflation to boost equities prices to dizzying heights in what some call a “crack-up boom”. In terms of money creation, we are not there yet, but such levels of fiat printing could happen […]
Why the price of silver could skyrocket
Why the price of silver could skyrocket By the mid-6th century BC, Darius the Great was ‘King of Kings’, ruling over the vast Achaemenid Empire. By that time, gold and silver had already been in use by earlier civilizations for thousands of years. There are cuneiform tablets that are nearly 4,000 years old from ancient […]
Coronavirus Shutdown: The End of Globalization and Planned Obsolescence – Enter Multipolarity
Coronavirus Shutdown: The End of Globalization and Planned Obsolescence – Enter Multipolarity The coronavirus pandemic has shown that the twin processes of globalization and planned obsolescence are deficient and moribund. Globalization was predicated on a number of assumptions including the perpetuity of consumerism, and the withering away of national boundaries as transnational corporations so required. […]
Oil Price War Claims Another Victim
Oil Price War Claims Another Victim The oil price war has already claimed its first victim. Whiting Petroleum Corp. (NYSE: WLL), once the largest oil and gas producer in North Dakota’s Bakken Shale, has filed for Chapter 11 bankruptcy becoming the first major shale producer to do so in the current year. Whiting has cited the “severe […]
“Down The Rabbit Hole” – The Eurodollar Market Is The Matrix Behind It All
“Down The Rabbit Hole” – The Eurodollar Market Is The Matrix Behind It All Summary The Eurodollar system is a critical but often misunderstood driver of global financial markets: its importance cannot be understated. Its origins are shrouded in mystery and intrigue; its operations are invisible to most; and yet it controls us in many […]
Long Pitchforks And Water Cannons
Long Pitchforks And Water Cannons The juxtaposition of the following two tweets is absolutely stunning and just freaking… WOW! Potential Major Political Blowback Can you imagine the political blowback that is coming if the economy doesn’t snap back soon as the levered bad actor oil companies (just to name one sector) have been bailed out while […]
Takeover
Takeover We can’t print ourselves out of this crisis again, but that isn’t stopping the Federal Reserve from trying. Thursday’s intervention program, the latest in a string of panic moves to keep the financial system afloat, constitutes a complete takeover attempt of the market ecosphere, only the buying of stocks directly is last missing piece […]
What the Sunrise Will Show
What the Sunrise Will Show A storm blew in late last night, dropping trees and powerlines and sweeping the porch of all chairs, bowls, and benches. At 5 a.m. I took a short walk to take stock of the yard and barnyard areas before returning to my desk to type this post. Now, waiting for […]
Is It Time for a New Direction?
Is It Time for a New Direction? If Americans are not doing some serious soul-searching in the midst of this crisis, they need to start. Where America goes from here is not some sort of esoteric debate. What we do at this point has life or death consequences. Get it wrong, and suffer more death, […]
The Fed’s Balance Sheet: The Other Exponential Curve
The Fed’s Balance Sheet: The Other Exponential Curve As the threat of COVID-19 keeps millions of Americans locked down at home, businesses and financial markets are suffering. For example, a survey of small-business owners found that 51% did not believe they could survive the pandemic for longer than three months. At the same time, the S&P 500 posted […]
Economies won’t be able to recover after shutdowns
Economies won’t be able to recover after shutdowns Citizens seem to be clamoring for shutdowns to prevent the spread of COVID-19. There is one major difficulty, however. Once an economy has been shut down, it is extremely difficult for the economy to recover back to the level it had reached previously. In fact, the longer the […]
The UNFAIRNESS Economy
The UNFAIRNESS Economy Bailouts for the rich. Barely anything for you. Award-winning investigative journalist Matt Taibbi penned perhaps the most iconic condemnation of the bankers who created (and subsequently got bailed out during) the Great Financial Crisis: The first thing you need to know about Goldman Sachs is that it’s everywhere. The world’s most powerful […]
