Something Happened • Complacency Reigns At Epic Levels: “Few Are Ready For What Is Coming”
by Howard Kunstler via Kunstler.com Ben Bernanke’s memoir is out and the chatter about it inevitably turns to the sickening…
Jobs • September Disappoints – August Revised Even Lower
Who’s blowtorching American jobs? Before delving into the latest abysmal jobs report, this video by John Titus of BestEvidence published…
Devaluation Stunner: China Has Dumped $100 Billion In Treasurys In The Past Two Weeks
On August 11, China devalued its currency, and in the subsequent 3 days the onshore Yuan, the CNY, tumbled by…
After 6 Years Of QE, And A $4.5 Trillion Balance Sheet, St. Louis Fed Admits QE Was A Mistake
After years of sounding the alarm that Fed policy was not helping the real economy but merely papering over insolvency…
US Stock Drop NOT Made in China & Dollar Crisis& more, more more….
WOW! So CNBC is actually airing a special broadcast this evening to assure everyone that things are just fine, don’t…
More “Cooked” Numbers – Existing Home Sales Extrapolation Surges To Highest Since Feb 2007
While we are in fact entangled in a global economy, the blowhards in the mainstream media like to shrug off any…
Job Cuts Soar To Highest Since September 2011 • Highest YTD Layoffs Since 2009
It’s getting harder to keep the earrings on this lipsticked pig of an economy. 08/06/2015 While we await for the…
Fed Finally Figures Out Soaring Student Debt Is Reason For Exploding College Costs & The Truth About The College Student Debt Crisis
Could it be possible that the Fed itself, with its imbecilic monetary policies, and the Federal government with its resultant…
The Books Are Cooked•The Chapwood Index Unveils Real Numbers
In 2008 not only was the economy brought to its knees but the entire financial system was on the verge of collapse.…
What Do the State of Illinois, Chicago, Public Pensions and Greece Have in Common?
It’s everywhere. And it’s right HERE too! It’s not just Greece, now Puerto Rico, Spain, Italay, Portugal, etc… The Mainstream…