No 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…
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What 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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