Home » Posts tagged 'great depression' (Page 8)
Tag Archives: great depression
Why This Feels Like a Depression for Most People
Why This Feels Like a Depression for Most People “And the little screaming fact that sounds through all history: repression works only to strengthen and knit the repressed.” – John Steinbeck, The Grapes of Wrath Everyone has seen the pictures of the unemployed waiting in soup lines during the Great Depression. When you try to tell a […]
Stock Market Crash October 2015? 9 Of The 16 Largest Crashes In History Have Come This Month
Stock Market Crash October 2015? 9 Of The 16 Largest Crashes In History Have Come This Month The worst stock market crashes in U.S. history have come during the month of October. There is just something about this time of the year that seems to be conducive to financial panic. For example, on October 28th, […]
Bubble Bubble Where is the Bubble
Bubble Bubble Where is the Bubble It is fascinating that when I warn of anything using the word “CRASH” newspapers immediate report it as I am forecasting a crash in the stock market. This demonstrates that there is no consideration that government can also crash and burn – the perfect example of 100% confidence. Yes, if […]
Fourth Turning: Crisis of Trust
Fourth Turning: Crisis of Trust “Imagine some national (and probably global) volcanic eruption, initially flowing along channels of distress that were created during the Unraveling era and further widened by the catalyst. Trying to foresee where the eruption will go once it bursts free of the channels is like trying to predict the exact fault […]
Will Uncle Sam Confiscate Gold Again?
Will Uncle Sam Confiscate Gold Again? Investors suffered financial losses in recent weeks as stocks globally came under pressure in August and had their worst month in the last three years. In one of the most volatile trading periods since the global financial crisis, August saw a massive $5.7 trillion erased from the value of stocks […]
Only The Date Is Unknown
Only The Date Is Unknown The US and world economies are frauds that are coming unraveled. The Greek bailout is the most recent example of “kick the can down the road” solutions. The US housing bubble was an attempt to cover up/recover from the dot-com bust. Now the US is in a financial bubble engineered to recover […]
Did You Know That The U.S. No Longer Has Any Strategic Grain Reserves At All?
Did You Know That The U.S. No Longer Has Any Strategic Grain Reserves At All? Once upon a time, it was popular to say that the U.S. government only had enough wheat stored up to provide everyone in America with half a loaf of bread. But that is not true anymore. Recently, I discovered that […]
How Keynes Almost Prevented the Keynesian Revolution
How Keynes Almost Prevented the Keynesian Revolution October 30, 1929. A brisk autumn’s day in Manhattan. The Savoy-Plaza Hotel’s thirty-three stories cast a long shadow over Central Park. At the base of the hotel a financier lies freshly fallen, motionless, while his last breath, wrenched from the lungs by force of impact, is now a […]
There is Only One Way Out For Greece
There is Only One Way Out For Greece Brussels has been dead wrong. The stupid idea that the euro will bring stability and peace, as it was sold from the outset, has migrated to European domination as if this were “Game of Thrones”. Those in power have misread history, almost at every possible level. The […]
Its 1929 In China—-Here’s The Chapter And Verse
Its 1929 In China—-Here’s The Chapter And Verse I’ve mentioned the Chinese stock market mania here briefly in recent weeks. I’ve now compiled a fair amount of data along with some interesting anecdotes that show just how crazy it’s gotten so I thought I’d spend this week’s market comment laying it all out for you. […]
Pop goes the Bubble
Pop goes the Bubble Running a fundraiser (which, by the way, has been a great success—thank you all very much!) has prompted me to think about money more deeply than I normally do. I am no financial expert, and I certainly can’t give you investment advice, but when I figure something out for myself, it […]
An Important Economic Indicator – Money Velocity – Crashes Far Worse than During the Great Depression
An Important Economic Indicator – Money Velocity – Crashes Far Worse than During the Great Depression Underneath the Propaganda, the Economy Is In BAD Shape … We noted 3 years ago that the velocity of money – an important economic indicator – is lower than during the Great Depression. Things have gotten even worse since since […]
What We Learned over Dinner from a Swiss Central Banker
What We Learned over Dinner from a Swiss Central Banker Dear Diary, Today… what we learned over dinner from a surprisingly smart central banker. But first, to the markets… The Dow shot up 121 Dow points yesterday, recovering most of Tuesday’s slide. In a series of business meetings Tuesday and Wednesday, we explained why nobody but us is rooting for […]
We’re In Uncharted Economic Territory
We’re In Uncharted Economic Territory We’re in uncharted territory … For example, this is the first time in history that most central banks worldwide have printed money during the same time period. And one of America’s leading economists (Nobel-prize winner Robert Shiller) just said that – unlike 1929 – this time, stocks, bonds and housing are ALL overvalued: This […]
This Time is Different
This Time is Different For years, I have warned that we will face our worst nightmare – the collapse of socialism. In the death throes of this abomination that even the Ten Commandments listed as a serious sin, equal to “thou shalt not kill”, government will become the ugly beast that will devour society to retain […]
