Thursday, May 19, 2016

"This Is The Most Obvious Disaster In Finance. Central Bankers Don't Understand..."

This is why our financial system will collapse.  It simply isn't sustainable, as debt grows exponentially, impairing balance sheets, and reducing the creditworthiness of potential borrowers.

Friday, May 13, 2016

Making the Chicken Run

Wendy’s Serves Up Big Kiosk Expansion As Wage Hikes Hit Fast Food

Similarly, WalMart annoounced two months ago that they are closing 269 stores and laying off 16,000 employees.  WalMart was also forced to boost the minimum wage for their employees.  Coincidence?  or Correlation?

Tuesday, May 10, 2016

A Dire Future — Paul Craig Roberts

Roberts was the undersecretary of the US Treasury in the Reagan administration.  He praises JFK, a Democrat, and Reagan, a GOP.  He demonizes previous Presidents as war mongers, including the Clinton's, Bush, and Obama.  His opinions are based on facts, unlike mainstream media outlets.