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New Vehicle Sales “Collapse” And Pending Home Sales “Plunge” As America’s Economic Slowdown Accelerates
New Vehicle Sales “Collapse” And Pending Home Sales “Plunge” As America’s Economic Slowdown Accelerates In late 2018, the bad economic news just keeps rolling in. At a time when consumer confidence is absolutely soaring, the underlying economic numbers are clearly telling us that enormous problems are right around the corner. Of course this is usually […]
Daniel Nevins: Economics for Independent Thinkers
Daniel Nevins: Economics for Independent Thinkers It’s time we stop trusting the ‘experts’ Economists are supposed to monitor and analyze the economy, warn us if risks are getting out of hand, and advise us on how to make things runs more effectively — right? Well, even though that’s what most people expect from economists, it’s […]
Venezuela Has Officially Abandoned The Petrodollar – Does This Make War With Venezuela More Likely?
Venezuela Has Officially Abandoned The Petrodollar – Does This Make War With Venezuela More Likely? Venezuela is the 11th largest oil producing country in the entire world, and it has just announced that it is going to stop using the petrodollar. Most Americans don’t even know what the petrodollar is, but for those of you […]
Major Economic Warning Sign: The Euro Is Heading For Parity With The U.S. Dollar
Major Economic Warning Sign: The Euro Is Heading For Parity With The U.S. Dollar The collapse of the euro is accelerating, and it looks like we could be staring a major European financial crisis right in the face early in 2017. On Thursday, the EUR/USD fell all the way to $1.0366 at one point before […]
Helicopter Money: Global Central Banks Consider Distributing Money Directly To The People
Helicopter Money: Global Central Banks Consider Distributing Money Directly To The People Should central banks create money out of thin air and give it directly to governments and average citizens? If you can believe it, this is now under serious consideration. Since 2008, global central banks have cut interest rates 637 times, they have injected […]
Economic Recovery? 13 Of The Biggest Retailers In America Are Closing Down Stores
Economic Recovery? 13 Of The Biggest Retailers In America Are Closing Down Stores Barack Obama recently stated that anyone that is claiming that America’s economy is in decline is “peddling fiction“. Well, if the economy is in such great shape, why are major retailers shutting down hundreds of stores all over the country? Last month, […]
21 New Numbers That Show That The Global Economy Is Absolutely Imploding
21 New Numbers That Show That The Global Economy Is Absolutely Imploding After a series of stunning declines through the month of January and the first half of February, global financial markets seem to have found a patch of relative stability at least for the moment. But that does not mean that the crisis is […]
JP Morgan And Citigroup Agree That The U.S. Economy Is Steamrolling Toward A Recession
JP Morgan And Citigroup Agree That The U.S. Economy Is Steamrolling Toward A Recession As we approach the end of 2015, researchers at both JP Morgan and Citigroup agree that the probability that the U.S. economy will soon plunge into recession is rising. Just last week, a member of the U.S. House of Representatives asked […]
Alarm Bells Go Off As 11 Critical Indicators Scream The Global Economic Crisis Is Getting Deeper
Alarm Bells Go Off As 11 Critical Indicators Scream The Global Economic Crisis Is Getting Deeper Economic activity is slowing down all over the planet, and a whole host of signs are indicating that we are essentially exactly where we were just prior to the great stock market crash of 2008. Yesterday, I explained that the […]
