How Much Longer Can We Continue To Live In Economic Fantasyland?
There’s this funny thing about something that’s unsustainable…
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The Economic Crisis Caused By The Pandemic Has Dramatically Altered How Americans Are Living
Unfortunately, once eviction moratoriums are lifted all over the country we are going to see the largest tsunami of evictions in US history…
Continue readingUnemployment Rising, U.S. Economy Getting Much Worse Because Of Biden’s Economic Policies
Unemployment took another jump this week with nearly 800,000 new filers…
Continue readingSevere Economic Suffering Is Taking A Very Heavy Toll On Millions Of American Families
In this economy, most Americans are living paycheck to paycheck, and that means that most of the country is literally just a step or two away from…
Continue readingThe Incompetent US Economy Is Still Sinking
How long can the confidence game with the dollar and the Treasury market last with the inmates running the asylum?
Continue readingGet Ready For Chaos! China’s Plan Near Completion As US Economic Crash Has Spiraled
Now it’s China’s move. China is the only economy that grew in 2020 while The U.S. economy experienced a…
Continue reading“The bank and the government have essentially blended into one entity”
One of the most striking trends to emerge in 2020 was the shocking acceleration in the decoupling between the real economy and…
Continue readingSmall Businesses Collapse! Rising Unemployment & The Financial Victims of the Economic Catastrophe
Current measures and incentives are not going to restore anything. Despite the applause and exclamations of…
Continue readingExtreme Charts: Weirdest Year In US Economic History
If “weird” equals “bad” in economics, which it frequently does, the odds of this ending well are rapidly approaching zero…
Continue readingGold Bull Not Over: Gold Is Ready To Rumble
Momentum is a two-way street. The same forces that caused the gold market to overshoot on the downside will cause the next rally in gold to…
Continue readingGood & Bad News: Most Of Population That Wants Vaccine Can Get It By Late 2021, Won’t Rescue Economy
Assuming Joe Biden will be the next president, his administration will have to confront this recession. How might his economic team try to…
Continue readingBracing For A Painful 2021: 38% Of Americans Say They Will Spend The Year In ‘Survival Mode’
Without paychecks, millions of unemployed Americans are unable to pay the bills, and we are being warned that we could be facing a historic…
Continue readingHow the Covid Response Has DESTROYED the Personal Finances of Americans
It isn’t so much the virus that has caused our financial woes – it’s the response to the virus. Federal, state, and local governments have deemed…
Continue readingGold’s Squeaky Wheel Gets Some Oil
A nice bull wedge pattern appears to be in play on the daily gold chart. If gold trades down towards $1800-$1750, investors should…
Continue readingOwn Gold & Silver If You Distrust Government
Amidst the unprecedented fallout from the pandemic and uncertainty in the global economy, the owning of gold & silver is a no-confidence vote against…
Continue readingMass Layoffs Coming One Way or Another
“…massive layoffs of city and state workers and turmoil in the bond market. That kind of thing alone is enough to send the U.S. back into…”
Continue readingWe Destroyed the World’s Greatest Economy for No Reason
Was it all worth it?
Continue readingThe Second Act Will Be Worse Than the First: Lockdowns Are Not the Answer
One would think that this seemingly endless cycle of lockdown-relaxation-lockdown would lead the authorities to rethink their strategies, but that is…
Continue readingSurvey: One Out Of Every Five Americans Could Be Out Of Money “By Election Day”
A substantial portion of the US population is desperate for another round of stimulus checks because they are almost entirely out of cash. In fact, a…
Continue reading15 Signs That America’s Economic Depression Is Accelerating As We Head Toward The Holiday Season
If you have been waiting for a “recovery”, you can stop waiting, because what we saw in the third quarter was about all the “recovery” we’ll get…
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