We Haven’t Seen a Manufacturing Slowdown Like This since the Last Financial Crisis
Manufacturing is now the smallest share of the United States economy that it has been in 72 years.
6 November 2019 - 16:48
The Deutsche Bank Death Watch Has Taken a Very Interesting Turn
Deutsche Bank is the largest domino in Europe’s very shaky financial system. When it fully collapses, it will set off a chain reaction that nobody is going to be able to stop.
5 November 2019 - 19:03
Michael Snyder: We Just Got Some Good Economic News
On Friday, the Labor Department announced that the U.S. economy added 128,000 jobs last month
4 November 2019 - 19:48
The Fed’s Liquidity Response Is Too Little, Too Late, but That Was Always the Plan…
That is to say, the Fed kept liquidity conditions as tight as possible until the public finally became aware of the crisis. The truth is, nothing has changed as far as liquidity is concerned.
4 November 2019 - 04:48
Ranked: Which Economies Are the Most Competitive?
In 2019, Singapore wins the coveted “most competitive economy” title, with a 84.8 score on the GCI.
2 November 2019 - 10:48
Uluru Spotlights Prosperity Question
Ultimately the supply chain for cultural tourism must be supported. This includes better educating Anangu children in both the modern world and for their families to have the strength to teach their culture in a healthy and fostering environment.
1 November 2019 - 22:48
More Bad Economic Numbers Put a Huge Dent in the Case of the Economic Optimists
Molson Coors just announced that they will be laying off up to 500 workers as they desperately search for a way to survive in this difficult economic environment
1 November 2019 - 16:29
What in the World Is the Federal Reserve Thinking!?
Even though a new financial crisis has not even started yet, the Fed has been creating money like crazy and their balance sheet has ballooned “by about $100 billion over the past month”…
31 October 2019 - 15:48
Odd Economic Numbers: Consumer Confidence Falls, but Consumer Spending Remains High
Personal loan balances rose to $305 billion in Q2 2019, an increase of 12% year over year, and double the growth of credit card debt, the next-highest category.
31 October 2019 - 09:48
The Boom Turns into a Bust: Here Are Fourteen Signs that the U.S. Economy Is Steadily Weakening
#7 The Cass Freight Index has now fallen for 10 months in a row.
30 October 2019 - 13:30
How the Deep State Overthrew the Last Nationalist Government of Canada… in 1963!
The Northern Vision called for building vast roads and resource development complexes across the Arctic along with rail links to Alaska.
28 October 2019 - 03:48
Analysis: The European Project is Making People Poorer
The EU is a graveyard of low growth.
28 October 2019 - 00:48
What You Think Is Controlled by What You Watch, and What You Watch Is Controlled by the Elite
We are in a battle for hearts and minds, and the elite have an overwhelming edge because of the colossal system that they have created.
26 October 2019 - 14:48
Mac Slavo: Food Preparations for Winter Power Outages
Once there’s a warning that a storm is inbound and likely to take out the power in your area, it’ll be too late. Stock up throughout the year, when things go on sale. Not only will you save money, but you will also already be prepared for the power outage and won’t have to rush to the store.
26 October 2019 - 02:48
Generation Rent: How Millennials are Fueling the Rental Economy
Offerings within the rental sector have exploded over the last decade, with furniture being the number one category that consumers rent.
25 October 2019 - 20:48
Meritocracy Is Not the Enemy
There is no reason why meritocracy can’t be compatible with an agenda focused on reducing poverty. However it may require abandoning the myth that every difference in outcome is the result of government not doing enough, or discrimination of some kind.
24 October 2019 - 08:48
Goodbye, Middle Class: Fifty Percent of American Workers Make Less than $33,000 a Year
The truth is that most American families are deeply struggling, but you hardly ever hear this from the mainstream media. Yes, about 10 percent of all American workers are making $100,000 or more a year, but most of those high paying jobs are concentrated in the major cities along the east and west coasts. For much of the rest of the country, these are very challenging times as the cost of living soars but their paychecks do not. According to the Social Security Administration, the median income in the United States last year was just $32,838.05. In other words, 50 percent…
23 October 2019 - 17:48
What Would Boris’ Deal Mean for the Economy?
The latest CER report notes that excluding the US from the analysis reduces the estimated hit from 2.9% to 2.2%, while excluding Germany (and thus increasing the weight on the US) increases it to 3.4%. As result, ‘because of this rising degree of error, this will be the last update in the CER series on the cost of Brexit’.
23 October 2019 - 16:48
Agriculture and Fishing / Brexit / Economy / International Relations / International Trade / Politics
Unreasonable Pressures on the DUP
The whole of agri-food sector exports to the EU comprise only 1% of output of goods and services in Northern Ireland or in other words 4% of sales to the outside world. Even so, almost one billion pounds of business is at stake and 5,000 jobs could be at risk plus parts of farmer’s incomes if the whole sector were to go under.
23 October 2019 - 11:48
Come on Treasury, Time Doesn’t Stand Still
The structural tax cuts would replace the Low-Middle Income Tax Offset (LMITO), which does nothing to improve economic efficiency, and will cost the budget about 10% more than expected. Further, all future federal governments should follow the lead of the UK Treasury in using dynamic tax analysis to give accurate information on economic efficiency and revenue estimates.
23 October 2019 - 08:48
Midtown Manhattan, NYC
They Are Telling Us that the Next Recession “Won’t Be as Bad as 2008”. They Are Wrong.
Stock prices are absurdly overinflated, and at some point there is going to be a dramatic implosion.
23 October 2019 - 02:48
Civil Unrest Is Erupting All Over the World, but Just Wait until the United States Joins the Party…
All over the globe, the mood is turning sour. Anger and frustration are bubbling over, and protests are becoming violent in major cities all across the planet.
22 October 2019 - 14:48
The Problem Is “the Economy, Stupid” and not the Climate
In addition, unfunded liabilities, like medical care and pensions, are at least $300 trillion globally. If we add gross derivatives of $1.5 quadrillion, which are likely to turn into real debt as counterparties fail, the total debt and liabilities are above $2 quadrillion.
20 October 2019 - 02:48
Hungarian Prime Minister Urges Turkic Council Leaders to Sign Trade Deals with the United Kingdom
Reflecting the obsessive focus on a deal with the European Union, the Department for International Trade's efforts at signing trade deals with non-EU states has fallen well short of expectations.
19 October 2019 - 21:48