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Never Before Has So Much Stimulus Been Injected In The Economy In A Single Quarter

July 21, 2020

Never Before Has So Much Stimulus Been Injected In The Economy In A Single Quarter Pandemic-Driven Recession Is Not Over Back-to-back strong monthly gains in retail sales in May and June and a powerful rebound in the equity markets in Q2 create the impression the recession is over. But the recessionary environment is only delayed, […]

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The US Economy Has Not Recovered And Will Not Recover

February 18, 2016

The US Economy Has Not Recovered And Will Not Recover The US economy died when middle class jobs were offshored and when the financial system was deregulated. Jobs offshoring benefitted corporate executives and shareholders, because lower labor and compliance costs resulted in higher profits. These profits flowed through to shareholders in the form of capital […]

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oftwominds-Charles Hugh Smith: Central Banks Have Failed Because They Can’t Push Wages Higher

December 10, 2014

oftwominds-Charles Hugh Smith: Central Banks Have Failed Because They Can’t Push Wages Higher. You can print all the money you want, but it will never boost wages to keep up with prices.   Central banks have been pursuing two goals for the past six years: ignite inflation and an expansion of debt that will supposedly […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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