Bad Policy: Global Taxes – Global Stagnation
The greater role government plays in the economy the less prosperous the people will be — with the possible exception of the governing class and…
Continue readingsecular stagnation
When Does This Travesty of a Mockery of a Sham Finally Implode?
The mutually reinforcing crises aren’t in the future, they’re here now, and Jay Powell’s shuck-and-jive has lost its magical powers to cloak the…
Continue readingMonetary and Fiscal Policy Won’t Help Lift Us Out Of The New Depression
The next two decades of U.S. growth would look like the last two decades in Japan. Not a collapse, just a slow, prolonged stagnation. This is the…
Continue readingNo Fix For Recession: Without A Financial Crisis, There’s No Central Bank Policy Fix
There are no extreme “fixes” to secular declines in sales, profits, employment, tax revenues and asset prices…
Continue readingWhat Killed The American Middle Class?
Rounding up the usual suspects won’t restore a vibrant middle class…
Continue readingThe Myth Of Global Synchronized Growth And The Era Of Secular Stagnation
Synchronized growth is actually synchronized debt growth, and here is why it is a problem…
Continue readingFixing America’s Crumbling Infrastructure Isn’t As Simple As Just Spending Another Trillion Bucks
While everyone agrees America is literally and visibly falling apart in many places, simply spending more money won’t fix what’s broken. Here’s why…
Continue readingLearning From Japan’s Stock Crash: The Good Times Never Last Forever
Simon Black says “most folks believe that market corrections will be very short lived…prices will fall 20% or 30% and then be right back to where they were”
Continue readingCharles Hugh Smith: THIS Chart DEFINES The 21st Century Economy
Charles Hugh Smith shares the one chart he says defines the 21st century. It’s got nothing to do with Venezuela or cryptocurrency, and everything to do with an unsustainable, parabolic move. […]
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