Global Debt Leverage: Is a Great Reset Coming?
Three hundred trillion dollars is the record debt which global governments, households, financial corporates and nonfinancial corporates owed in June 2022.
New Heritage Analysis Finds Average American Family Is Effectively $7,400 Poorer Under Biden
Lost purchasing power combined with falling real wages, has caused the average American family to lose $7,400 in annual income since Biden took office.
Is the Fed Trying to Wean Markets Off Monetary Policy?
The Fed however, may be attempting to implement a contrarian, controlled demolition of the U.S. bubble-economy through interest rate increases. ~ Alastair Crooke
Zoltan’s Year-End Masterpiece: Dusk For The Petrodollar, Dawn For The Petroyuan And The Coming...
Earlier this month, former NY Fed repo guru Zoltan Pozsar wrote one of his most important reports of 2022, in which he described how Putin could...
Paying Americans Not to Work
A Family of Four Can Receive over $100,000 Annualized Equivalent in Cash and Benefits in Three States, And over $80,000 in 14 States, with No One Working.
Recession Coming in 2024: Economic Forecaster
American industry will slow down next year, then fall into a recession the year after, according to ITR Economics, an economic forecaster.
Biden inflated 2nd quarter job numbers by 1 MILLION: data review
Federal Reserve Bank of Philadelphia has notified public that previously reported 1.1 million jobs added between March and June 2022 was closer to 10K.
Fed Raises Interest Rates by 0.5 Percentage Point to 15-Year High
Federal Reserve policymakers voted to raise benchmark federal funds rate by 50 basis points to a target range of 4.25–4.5 percent, the highest level since late 2007.
Americans Might Be in for a Tax ‘Refund Shock’ Next Year: Analyst
Millions of Americans could face “refund shock” when they file their taxes next year because a number of pandemic-related programs are set to expire or have expired.
Too Much Stimulus Is Key Cause for a Coming Recession, Says Bank of America...
Excessive stimulus spending by governments during the pandemic is a key cause for a coming recession next year, according to a major bank CEO.
Yield Curve Inversion Reaches New Extremes
A scenario in which short-term yields exceed long-term yields is known as an inverted yield curve and is often seen as a red flag that a recession is looming.
Biden Urges Congress to Intervene, Avert Rail Strike That Could Inflict ‘Billions’ in Economic...
Biden urged Congress to pass legislation to adopt tentative agreement between railroad workers and operators to avert “potentially crippling national rail shutdown”.
