Why Is The “Cost of Living” In Cities So High?
The higher “cost of living” was akin to people in San Francisco using a different currency, but is that the correct way to look at it?
Continue readingWage Growth
America’s Poverty Trap: How A Small Financial Setback Can Spiral Into An Inescapable Disaster
The problem with American poverty is that the system is designed to keep you poor. Maybe it’s just because poor people are easier to control…
Continue readingWhy Is What Was Once Affordable to Many Now Only Affordable To The Wealthy?
With these skills accessible only to the wealthy, no wonder only the wealthy have gained purchasing power…
Continue readingConsumers Will Decide If Women’s Sports Teams Get “Equal Pay”
If the fans want the women to be paid more than the men, the consumers will have to spend more…
Continue readingPaul Craig Roberts: The Rise Of Robber-Capitalism And The Enslavement Of The Working Class
The pendulum has swung to robber-capitalism. The only mark of success is money. How you get it doesn’t matter anymore…
Continue readingInvestors & Traders Just Can’t Dump Their Gold & Silver Fast Enough After June 2019 Jobs Report SMASHES ALL EXPECTATIONS!
Gold & silver’s “sell-off” has afforded stackers with a flash sale. Here’s what happened, and here’s why the flash sale may not last all that long…
Continue readingSilver Punches Through $15 As Govt Reports A Pitiful Number Of Jobs (75,000) Created In May
Gold nearly breached $1350 at the release of the jobs report, and the dollar plummeted. Here’s an update…
Continue readingTechnology Is Not Just Disruptive, It’s Disastrously Deflationary
Deflation eats credit-dependent, mass-consumption economies alive from the inside…
Continue readingMILLIONS OF AMERICANS ON EDGE: ONE PAYCHECK AWAY FROM FINANCIAL DISASTER
For nearly half of Americans in the workforce, financial disaster would occur from missing just ONE paycheck…
Continue readingFrench Incomes Place Below Some of America’s Poorest States — And the Protesters Know It
If we compare France to individual US states, we find that France’s disposable income may rank below every US state except Louisiana. Here’s more…
Continue readingA Different Kind Of Wage Inflation Heralds This Cycle’s End
Late-cycle dynamics are now in play, and employers are finding creative ways to attract and retain workers…
Continue readingCharles Hugh Smith: Unrealistically Great Expectations, A Shrinking Pie
Our expectations have continued ever higher even as the pie is shrinking in more ways that one…
Continue readingGold & Silver Rise After Release Of The Spectacular Employment Situation Report For April, 2019
President Trump & Fed Head Powell, we have a problem, and it’s not about gold or silver but about Trump’s demands and current Fed policy…
Continue readingThe Accelerating Decay Of The Middle Class
Ironically, the top wage earners’ ample compensation allows them to avoid the poor-quality services they’ve designed for everyone below them…
Continue readingIf The Economy Is So Great, Then Why Are So Many Workers Miserable?
The mental well being of the American worker hit an all-time low in 2018. That’s a bit shocking considering the economy is booming and…
Continue readingFeedback Loop Of Doom: Creative People & Capital Abandoning Disfunctional, Unaffordable Cities
When the 4% who generate the jobs & tax revenues have had enough and leave, the effects are quickly felt. Political leaders who felt invincible suddenly…
Continue readingThe Sauds, The Petro-Dollar, Gold, And Income Inequality
What do the Sauds, the Petro-dollar, gold, and income inequality have to do with each other, with the US, and with Trump? Craig Hemke explains…
Continue readingWe Give Up! The Fed Is “Resigned” To Blowing Bubbles
After raising rates and getting slapped around by the markets last year, the Fed now appears to accept that future monetary policy can only be easy…
Continue reading2019 Is Starting To Look Like The Oil Crisis And Stagflation Of The 1970s
The U.S. hasn’t had a serious bout with stagflation in quite a while, but it appears that we may be moving in that direction…
Continue readingIt’s 2016 All Over Again, Or Is It?
In 2016, growing weakness in the global economy and wobbling financial markets caused the world’s central banks to absolutely freak out…
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