Economy
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John Paulson’s Scary Speech: Double Digit Inflation By 2012, Gold At $4,000
John Paulson scared the pants off of a packed audience at New York's University Club recently as he warned them of huge changes in the...
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Shut Down the Fed (Part II)
I apologise to readers around the world for having defended the emergency stimulus policies of the US Federal Reserve, and for arguing like an imbecile...
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S. 510: 12 Reasons Why The Food Safety Bill From Hell Could Be Very Dangerous For The U.S. Economy
As you read this, there is a bill before the U.S. Senate that has the potential to change the U.S. food industry more than any...
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The National Bureau of Economic Research’s Fairy Tale
Happy days are here again, so let’s break out the party hats and balloons. One might be so inclined if they happened to see...
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Economic Collapse Leading to Privatized Police and Corporate Mercenaries
Pastor Terry Jones was recently sent a security bill of $180,000 by the local authorities for his "burn the Koran" uproar. Pastor Jones...
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20 Signs That The Economic Collapse Has Already Begun For One Out Of Every Seven Americans
For most Americans, the economic collapse is something that is happening to someone else. Most of us have become so isolated from each other...
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Morgan Stanley Says Government Defaults Inevitable
Investors will face defaults on government bonds given the burden of aging populations and the difficulty of securing more tax revenue, according to Morgan Stanley. “Governments...
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Little-known fact: Obama’s failed stimulus program cost more than the Iraq war
Expect to hear a lot about how much the Iraq war cost in the days ahead from Democrats worried about voter wrath against their unprecedented...
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How Hyperinflation Will Happen
Right now, we are in the middle of deflation. The Global Depression we are experiencing has squeezed both aggregate demand levels and aggregate asset prices...
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Weekly Jobless Claims Post Surprise Jump, Hit 500,000
New U.S. claims for unemployment benefits unexpectedly climbed to a nine-month high last week, yet another setback to the frail economic recovery. Initial claims for state...
