Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Saturday, December 3, 2016

“Economy Shattered, Currency Collapsing”: Venezuelans Wait in 6 ATM Lines For Enough to Buy Rice

Zombies won't be the scourge of a future apocalypse.  Hyperinflation will be, thanks to the government printing press.  It's already happening in several countries.  There is no future for them.

http://www.shtfplan.com/headline-news/economy-shattered-currency-collapsing-venezuelans-wait-in-6-atm-lines-for-enough-to-buy-rice_12022016#

Friday, February 27, 2015

Greenspan: "The Stock Market Is Great", But The Economy Feels Like In "The Late Stages Of The Great Depression"

I'm taking the over/under wager proposition on when former Fed Chairman Alan Greenspan-turned-truthsayer is demonized by the mainstream financial press.  Another side bet could be made on when current Fed Chairperson Janet Yellen will accuse Greenspan of being a turncoat.

http://www.zerohedge.com/news/2015-02-26/stock-market-great-economy-not-alan-greenspan-warns-great-depression-global-demand

Saturday, November 29, 2014

The Price Of Oil Exposes The True State Of The Economy

The oil bubble bursting is ultimately bearish for crude oil prices, and probably for precious metals, too.  But then again, if the tanking economy dooms the USDollar, all bets are off.

http://www.theautomaticearth.com/the-price-of-oil-exposes-the-true-state-of-the-economy/

Sunday, April 24, 2011

US Default Could Be Disastrous Choice for Economy

This is the most honest story by CNBC I've read in years.  The takeaway message: there is no way to end QE 2.0 in June without seriously disrupting the US Treasury bond market, which would have a cataclysmic effect on global financial markets.  However, if the Fed were to extend QE beyond June, it could intensify inflationary pressures.  See previous blog <click here>.

http://www.cnbc.com/id/42732831

Friday, July 30, 2010

Michael Krieger on politics, the economy, and gold

Fast forward to the 14-minute mark of this video to catch Michael Krieger's interview.



http://www.youtube.com/watch?v=piXQGmJTt_g&feature=player_embedded

Sunday, March 21, 2010

British unemployment rate is 25%

As bad as the employment figures are in the US, the UK has it worse. The implication is that quantitative easing won't end, despite the Fed's plan to abort purchasing of US Treasury bonds and agency mortgage-backed securities. In other words, until the employment picture improves, attempts to stimulate the economy will continue.

http://www.telegraph.co.uk/finance/jobs/7465199/Quarter-of-adults-out-of-work-official-figures-show.html