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What Comes Next?
What Comes Next? Predicting life after coronavirus If covid-19 is indeed hastening the permanent disruption of the status quo, what will life in a post-coronavirus world look like? In a prognosticating session building on last week’s Economic Shockwaves roundtable, John Rubino, Charles Hugh Smith and I — also joined by Chris Martenson this time — discuss the […]
As The Perfect Storm Approaches, Most Americans Are Partying Instead Of Preparing
As The Perfect Storm Approaches, Most Americans Are Partying Instead Of Preparing I can’t think of a time when Americans were more apathetic about getting prepared, and yet this is exactly the time when the urgency to get prepared should be at the highest. Earlier today, my wife Meranda and I were discussing the fact […]
Uniting for a Green New Deal
Uniting for a Green New Deal Support is growing in the United States for a Green New Deal. Though there are competing visions for what that looks like, essentially, a Green New Deal includes a rapid transition to a clean energy economy, a jobs program and a stronger social safety net. We need a Green […]
The Real Economic Numbers: 21.5 Percent Unemployment, 10 Percent Inflation And Negative Economic Growth
The Real Economic Numbers: 21.5 Percent Unemployment, 10 Percent Inflation And Negative Economic Growth Every time the mainstream media touts some “wonderful new economic numbers” I just want to cringe. Yes, it is true that the economic numbers have gotten slightly better since Donald Trump entered the White House, but the rosy economic picture that […]
Why do we need jobs if we can have slaves working for us?
Why do we need jobs if we can have slaves working for us? We normally assume that anything that creates jobs is a good thing, but is it, really? Is our current prosperity related to having “jobs”? Isn’t it, rather, the result of the large number of “energy slaves” working for us in the form […]
Automating Ourselves To Unemployment
Tatiana Shepeleva/Shutterstock Automating Ourselves To Unemployment How shortsighted policies are creating a long-term crisis Students of Austrian business cycle theory are familiar with the term malinvestment. A malinvestment is any poor use of resources or capital, commonly made in response to bad policy (usually artificially low interest rates and/or unsustainable increases in the monetary supply). The […]
Why we have a wage inequality problem
Why we have a wage inequality problem Wage inequality is a topic in elections around the world. What can be done to provide more income for those without jobs, and those with low wages? Wage inequality is really a sign of a deeper problem; basically it reflects an economic system that is not growing rapidly enough […]
Ed Butowsky: Calculating The True Cost of Living
Ed Butowsky: Calculating The True Cost of Living Why it’s much higher than we’re told/sold Over the past decade, we’ve been told that inflation has been tame — actually below the target the Federal Reserve would like to see. But if that’s true, then why does the average household find it harder and harder to […]
Mass Layoffs To Return With A Vengeance
Eric Von Seggern/Shutterstock Mass Layoffs To Return With A Vengeance How safe is your job? Remember the mass layoffs of 2008-2009? The US economy shed millions of jobs quickly and relentlessly, as companies died and the rest fought for survival. Then the Fed and the US government flooded the banks and the corporate sector with bailouts and […]
The Fed Induced Farce
The Fed Induced Farce The minutes from the last Fed meeting were released on Wednesday afternoon. The minutes, along with a squadron of jabbering Fed heads lying about the economy doing great, pretty much locked in the most talked about .25% interest rate increase in world history. Evidently the Wall Street titans of greed have […]
Spin cycle: Can 1.3-million new jobs be created in 5 years?
Spin cycle: Can 1.3-million new jobs be created in 5 years? This election has a theme common to almost all others before it: everyone is promising more jobs The promise of jobs, jobs, and more jobs has long been a staple of election campaigns. NDP Leader Tom Mulcair has promised a basket of goodies to help […]
Will The Fed Pick A Winning Combination?
Will The Fed Pick A Winning Combination? It’s highly amusing to read all the ‘expert’ theories on a Federal Reserve hike or no hike tomorrow, but it’s also obvious that nobody really has a clue, and still feel they should be heard. Don’t know if that’s so smart, but I guess in that world being […]
Cincinnati’s experiment with an economy that works for everyone
With the 2016 presidential campaigns underway, economic populism has taken center stage. Bernie Sanders, calling for a $1 trillion investment in a sustainable infrastructure jobs program along with publically funded health care and college education, has forced Hillary Clinton to offer vague support for similar measures, while even some Republican candidates, like Marco Rubio, have asserted the need to stop the “fall […]
Don’t Believe The Headlines: Canada’s Latest Job Numbers Don’t Look Good
Don’t Believe The Headlines: Canada’s Latest Job Numbers Don’t Look Good After two months of shrinking job numbers, it looked like Canada had broken the streak with this morning’s StasCan report showing an increase of 35,400 jobs, and a decrease in the jobless rate to 6.6 per cent, from 6.7 per cent. But that is […]
The Grand Manipulation
The Grand Manipulation Gerald Celente, editor of the Trends Journal, a subscription-based publication for which I write, has permitted King World News to republish my most recent article from the Trends Journal. This makes the article available to you from a free site. In place of me writing yet another expose of the non-existent jobs reported today […]
