It turns out that all of the “doom and gloomers” that were warning that we would eventually experience nightmarish inflation were right after all. In particular, vehicle prices have…
Continue readingAt face value, there wasn’t as much price inflation in July as in June, but there’s still a heck of a lot!
Continue readingPeople making money are indulging in new cars. At the same time other people are too broke to cover their payments. This is the result of a seriously screwed-up financial system […]
Continue readingIt appears that most of the sugar high from the Fed’s money printing and the CARES Act has worn off…
Continue readingWithout question the economy is not even remotely close to being in the “V” recovery that is implied by the action in the stock market…
Continue readingAnyone that was hoping for a quick “return to normal” can forget it, because “normal” is about to be completely redefined…
Continue readingWill our economy ever be the same again?
Continue readingIt’s no secret the auto market worldwide has been mired in recession, and it looks like the collapse won’t slow anytime soon…
Continue readingGood thing there’s no inflation…
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Ford Motor Company is cutting 7,000 white-collar jobs, or about 10% of its salaried staff worldwide, as part of a cost-cutting effort it says will save the company about $600 […]
Continue readingYet another Trump MAGA lie exposed as Ford announces it’s cutting 7,000 jobs, starting with hundreds in the US this week. Here are the details…
Continue readingConsumers appear to be running out of steam, and the reports are showing a slump in industrial production and downward revisions to…
Continue readingPeople are increasingly failing to make payments on their vehicle loans, and now the delinquencies are at crisis levels. Here are the details…
Continue readingThe latest numbers are clearly telling us that the U.S. economy is not even moving in the right direction. Economic conditions are getting worse, and…
Continue readingOur economy is headed for an epic crash. Many people think the economy is in good shape, but these 14 numbers paint a very different picture…
Continue readingThe interventionist program was a massive policy failure for several very predictable reasons…
Continue readingPeople think the US recovered from the December scare, but the global economy is rapidly sinking, and it’ll likely take the US economy with it. Here’s why…
Continue readingEconomic numbers all over the world continue to get worse, and unfortunately, most Americans still have absolutely no idea this is happening…
Continue readingFalling auto sales in China an Europe are taking their toll. Here’s the latest car company to announce major layoffs amidst the global slowdown…
Continue readingThe value of declaring the entire nation in or out of recession is limited, especially if the top 10% never even feels it. Here’s more…
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