Home » Economics (Page 311)
Category Archives: Economics
“Ghastly” Vancouver Home Sales Crash By 33%, Lowest Since 1985
“Ghastly” Vancouver Home Sales Crash By 33%, Lowest Since 1985 On Monday, the Real Estate Board of Greater Vancouver reported February results that could be classified as ghastly, with residential home sales plummeting 32.8% year-over-year to 1,484 units. That’s the lowest February sales total since 1985 and 42.5% below the 10-year average. Prices have also broken […]
Loonie Tumbles After BOC Warns There Is “Increased Uncertainty” About Future Rate Hikes
Loonie Tumbles After BOC Warns There Is “Increased Uncertainty” About Future Rate Hikes Another central bank appears to be throwing in the towel on any future rate hikes. Just days after Canada reported an abysmal December GDP print, which declined for the second consecutive month and sparked fears of an imminent technical recession… … the Bank of […]
As The Economy Teeters On The Brink Of A Recession, U.S. Debt Levels Are Absolutely Exploding
As The Economy Teeters On The Brink Of A Recession, U.S. Debt Levels Are Absolutely Exploding We now have official confirmation that the U.S. economy has dramatically slowed down. In recent days I have shared a whole bunch of numbers with my readers that clearly demonstrate that a new economic downturn has begun. And even though stock […]
Green New Deal Dystopia
Green New Deal Dystopia It’s entirely possible the Green New Deal socialist Alexandria Ocasio-Cortez doesn’t have a clue and she is a useful idiot. She may in fact believe the Green New Deal is a panacea for global warming. Patrick Moore, the founder of Greenpeace who left that organization in disgust, tweeted AOC and put […]
BIS Warns Of Market Crash Risk, Looming Firesales Once BBB Downgrade Avalanche Begins
BIS Warns Of Market Crash Risk, Looming Firesales Once BBB Downgrade Avalanche Begins Over the past year, one of the key concerns to emerge in the $6.4 trillion investment grade corporate bond market is when and how will BBB-rated bonds, which now comprise 60% of all outstanding IG names in the US, be downgraded and […]
Peter Schiff: We’re not Borrowing Ourselves Rich; We’re Borrowing Ourselves Broke
Peter Schiff: We’re not Borrowing Ourselves Rich; We’re Borrowing Ourselves Broke Peter Schiff has been saying that despite the recent stock market rally and all of the optimism about an end to the trade war, a recession is a done deal. There is plenty of economic data to back up despite the recent economic growth. In his […]
The Super Wealthy Are Already Preparing For NIRP and Worse
The Super Wealthy Are Already Preparing For NIRP and Worse The Global Elite are preparing for Negative Interest Rate Policy (NIRP) and Wealth Grabs. How do I know? They’re moving their money into physical cash. Physical cash represents one of the rare loopholes in our current financial system. When money is in actual physical cash […]
Chapter 5: Bubbles and Adam Smith
CHAPTER 5: BUBBLES AND ADAM SMITH. This chapter explores how laws enabling debt to be bought and sold transformed Britain. Suddenly, vast quantities of money and value were being created out of nothing. The effect was dramatic and widely commented on. Some people thoroughly approved, while others saw a new kind of tyranny taking over […]
Economic Doom Loop Well Underway
Economic Doom Loop Well Underway From 2007 through 2018, births in the US have declined by 470 thousand on an annual basis, or an 11% decline. The US fertility rate has likewise cracked lower, from 2.12 births to 1.72, an 18% decline (2.1 births over a females childbearing years is considered zero growth). This has resulted in 4.5 million fewer net births in the […]
If Central Banks Are the Only Game in Town, We’ve Lost
If Central Banks Are the Only Game in Town, We’ve Lost Relying on monetary policy to prop up asset prices and smooth out global volatility is a recipe for disaster. Just since December 2018, central banks have collectively injected as much as $500 billion of liquidity to stabilize economic conditions. The U.S. Federal Reserve has […]
Global De-Banking On The Rise? $100 Bills See Mysterious Surge In Circulation
Global De-Banking On The Rise? $100 Bills See Mysterious Surge In Circulation It has been three years since the establishment launched its official ‘war on cash’ by eliminating Europe’s €500 bill, under the pretense that this effort would be fighting financial crime, terrorism, corruption and drug dealers. Of course, as we wrote at the time, what Europe and the […]
American Farm Debt Reaches 1980s Crisis Levels: Agriculture Secretary
American Farm Debt Reaches 1980s Crisis Levels: Agriculture Secretary Debt among American farmers has increased to $409 billion, Agriculture Secretary Sonny Perdue warned Wednesday. That is up from $385 billion last year and is currently at levels not seen since the agricultural recession (farm crisis) of the 1980s, reported Reuters. “Farm debt has been rising more rapidly over the […]
Satyajit Das: The CDO Bomb That Blew Up In 2008? There Is A New One
Satyajit Das: The CDO Bomb That Blew Up In 2008? There Is A New One In recent months, with the investor spotlight increasingly falling on the “leveraged loan problem”, or the fact that there are now more leveraged loans outstanding – most of them offering virtually no covenant protection to investors and effectively stripping them of their […]
The U.S. National Debt is Completely Out of Control. Oh Well?
The U.S. National Debt is Completely Out of Control. Oh Well? The U.S. National Debt recently blew past the $22 trillion mark, to the shock and amazement of… Almost no one. Although there remains a minority of individuals who are concerned about the exploding debt level, they are a shrinking minority, as more and more people […]
