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Preppers save for a rainy day: Why financial planning is crucial for surviving an economic downturn
Preppers save for a rainy day: Why financial planning is crucial for surviving an economic downturn (Natural News) As a prepper, one of the first things that you need to learn is the importance of financial preparedness. Don’t wait until an economic collapse before you start settling your debts or saving money. (h/t to TimGamble.com) The basics […]
You Can Kick The Can Down The Road, But Reality Will Catch Up With You Eventually
You Can Kick The Can Down The Road, But Reality Will Catch Up With You Eventually Nobody can defy the laws of economics forever. Whether it is an individual, a company or the nation as a whole, reality always catches up with everyone eventually. For years, I have been warning that Sears was eventually going […]
We Witnessed The 3rd Largest Point Crash In Stock Market History On The Same Day That The 3rd Most Powerful Hurricane To Ever Hit The U.S. Made Landfall
We Witnessed The 3rd Largest Point Crash In Stock Market History On The Same Day That The 3rd Most Powerful Hurricane To Ever Hit The U.S. Made Landfall If you don’t believe in “coincidences”, what are we supposed to make of this? On Wednesday, the 3rd most powerful hurricane to ever hit the United States […]
Ron Paul Is Warning That A 50% Stock Market Decline Is Coming – And That There Is No Way To Stop It
Ron Paul Is Warning That A 50% Stock Market Decline Is Coming – And That There Is No Way To Stop It Is Ron Paul about to be proven right once again? For a very long time, Ron Paul has been one of my political heroes. His willingness to stand up for true constitutional values […]
Dr. Charles Hall: The Laws Of Nature Trump Economics
Dr. Charles Hall: The Laws Of Nature Trump Economics It’s all about Energy Retun On Energy Invested (EROEI) Dr. Charles Hall may not be a name you instantly recognize, but it should be. Now a Professor Emeritus of the College of Environmental Science and Forestry, Dr. Hall is a rigorous researcher of energy, oil, biophysical […]
How Economics Failed the Economy
How Economics Failed the Economy The Difficult Art of Reckoning With the Human Good When, in the 1930s, the great economist Simon Kuznets created GDP, he deliberately left two industries out of this then novel, revolutionary idea of a “national income”: finance and advertising. Don’t worry, this essay isn’t going to be a jeremiad against them, that […]
If You Give the State an Inch, It Will Take a Mile
If You Give the State an Inch, It Will Take a Mile There’s No Such Thing as Neutral Intervention Humans are imperfect beings. Try as we may, each of us is subject to some degree of inconsistency in our own thought patterns. Even the greatest champions of liberty who have made invaluable contributions to the […]
Science tells us this is all true
Science tells us this is all true On April 30, 1934, under pressure from Italian-American lobby groups, the United States Congress passed a law enshrining Columbus Day as a national holiday. President Franklin Roosevelt quickly signed the bill into law, and the very first Columbus Day was celebrated in October of that year. Undoubtedly people […]
Hidden Forces of Economics
Hidden Forces of Economics Waiting for the Flood We have noticed a proliferation of pundits, newsletter hawkers, and even mainstream market analysts focusing on one aspect of the bitcoin market. Big money, institutional money, public markets money, is soon to flood into bitcoin. Or so they say. A weekly chart of bitcoin – it actually […]
How Twisted Minds Function
How Twisted Minds Function The economic theories arising out of Australia are both amusing and frightening. In the latest bit of madness, an economist pleads for more inflation, blaming cheap overseas retailers for Australia’s housing bubble. For mocking purposes only, please consider How Cheap Overseas Retailers are Pushing Up House Prices in Australia. “DOWN Down! Prices […]
Ungovernability
Ungovernability Inge Morath Street Corner at World’s End London 1954 Over the summer I introduced a two-fold assertion: 1) global economic growth is over (and has been for years and won’t come back for many more years) and 2) the end of growth marks the end of all centralization, including globalization. You can read all about these themes […]
The IMF and All The Other Losers
The IMF and All The Other Losers Andre Kertesz Bumper cars at amusement park in Neuilly-sur-Seine, near Paris 1930I read a lot, been doing it for years, about finance and affiliated topics (a wide horizon of them), which means I’ve inevitably seen a wholesale lot of nonsense fly by. But for some reason, and I think I […]
‘Days of Revolt’: Chris Hedges, Michael Hudson Discuss How We Got to Junk Economics (Video)
‘Days of Revolt’: Chris Hedges, Michael Hudson Discuss How We Got to Junk Economics (Video) teleSUR In this episode of teleSUR’s “Days of Revolt,” Chris Hedges interviews Michael Hudson on the history of classical economics and explores Marx’s interpretation of capitalism as exploitation. Hudson is a professor of economics at the University of Missouri-Kansas City […]
Economics in one cheque
Economics in one cheque On December 1, 2005, Bill 43 “Alberta Resource Rebate Statutes Amendment Act” received Royal Assent in the Alberta Legislature enabling a one-time rebate to be paid to nearly all Albertans residents in Alberta on September 1, 2005 who had filed a 2004 tax return. The refunds were a product of a […]
