Dorothea Lange [Public domain], via Wikimedia Commons

Arguing with a liberal about the economic impact of rampant immigration will twist your brain into a pretzel. It inevitably goes something like this: “Illegal aliens and legal immigrants are taking millions of our jobs.” “No, they’re not.” “Then they’re all on welfare.” “No, they’re not. Even most undocumented workers are productive members of society.”

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The Inevitability of Economic Collapse

Posted February 11, 2017 By David Haggith

While I haven’t had the privilege of divine revelation, I do try to look at the forces that are in play that have the power to move nations economically. Two dominant countervailing forces right now are those who have George Soros nearly in tears — who make up the anti-global revolution — and then all the globalists like Soros […]

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trump inauguration crowd photo shows sparse audience

Last week the mainstream media devoted huge resources of time and space to comparing photos of President Obama’s inauguration audience to photos of President Trump’s inauguration audience. Major news media all over the US pushed the subject for an entire week. Their claims that Trump had a comparatively small audience were so exaggerated that the newly elected president’s press secretary, Sean Spicer, […]

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Brussels-Arch

The following is a guest editorial from one of The Great Recession Blog‘s faithful readers who prefers to simply go by his pseudonym “Auldenemy.” I wanted to share it here because it offers observations from the UK — the first nation to exit the EU — that closely parallel the immigration issues that fueled Donald Trump’s […]

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A Davos Parable

Posted January 18, 2017 By David Haggith

Cirrus clouds wavered overhead like a circus big top billowing in a summer breeze. Sunlight filtered through, making it a warm, hazy afternoon for the kaleidoscopic disarray of people jumbled on the fairgrounds. A large banner that read “The World’s Fair or Bust” rippled above the ground and flapped in the breeze. Small groups of […]

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Fake News: The Fake-Stream Media Devours Itself

Posted January 16, 2017 By David Haggith
Fake new by CNN attacked by Trump

When their Anointed One lost the election, big television news networks and primary newspapers coined the term “fake news” because they were angry at alternative media for eroding deep into their domain. It was time to expose these fakers because audiences were fleeing to alternatives to establishment media as certainly as they fled to alternatives to establishment politicians.

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Late in 2016, I predicted the week after the election would be hell week as people revolted against the election results, and it was so. First, the mainstream media stared into living rooms in shock and awe as they reported with tear-brimmed eyes that the nation had not voted for the media’s Anointed One. Then city blocks closed down to […]

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George Soros: The Man Behind the Mayhem

Posted January 13, 2017 By David Haggith
Photo taken by [http://www.lensamalaysia.com/forum/showpost.php?s=ac6be7d441f75c012a1745d701f65d4d&p=47697&postcount=13 Jeff Ooi]. Posted to LensaMalaysia.com, which licenses all images under the Creative Commons Attribution Licence unless otherwise specified

I have struggled to understand George Soros because he is a character riddled with contradiction. His push to break down borders by increasing immigration all over the world is undermining his desire to establish a unified Europe and a unified world. By pushing too hard, too fast, he’s creating obvious pushback. So, I decided to work on an article that […]

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If 2016 Wasn’t the Epocalypse, What the Heck Was it?

Posted January 3, 2017 By David Haggith
Crude oil price predictions for summer 2016 are for heavy storms as we move into the Year of the Epocalypse.

So, 2016 wasn’t the predicted Epocalypse, but it sure was weird! Globally, it was a year of continued economic malaise and increasing financial risks. Most notably, though, it was a year of political upheaval that pitted voters in the UK, Italy and the US in civil wars at the ballot box. Here are a few of the otherworldly highlights […]

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Looking for 2017 stock market predictions feels a little like 1929.

I begin my 2017 stock market predictions with a recap of last year’s predictions. In an article back in 2015 titled “The Epocalypse: What Will D-Day Look Like?” I predicted the Fed would raise rates on December 16th, 2015, and the US stock market would crash immediately. Counterintuitively, I said it would crash by shooting upward for […]

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The Obama-Putin Legacy Captured in Cartoons

Posted December 30, 2016 By David Haggith

Here are some of my favorite Obamatoons to finish off the year  … and Obama’s presidency … in good cheer: (Please add some of your own family-friendly Obamatoons in the comments below.)

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Euronomics Decomposing, Raise a Glass of Cheer!

Posted December 30, 2016 By David Haggith
By ECB - European Central Bank (Flickr.com) [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons

Europeans must have been delighted to discover that one thing is working as well as it has since the start of the Great Recession. Behemoth banks that are failing are still able to pay their Christmas bonuses to their top executives and give nice dividends to their shareholders thanks to Super Mario Draghi.

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Israel-Palestine-United-Nations-Map

President Obama is systematically diminishing the sovereign powers of the United States president by yielding numerous regulatory powers to the office of UN Secretary General. His latest maneuver to strengthen UN regulation of Israeli settlements may not be the finale of his closing months as president but the prologue to years ahead by pushing his legacy to where he can continue to carry it out […]

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Irrational Exuberance in US Stock Market Grasps at 20K for Dow

Posted December 22, 2016 By David Haggith
Celebrate because the Epocalypse is here!

Since Trump’s election, the US stock market has climbed unstoppably along a remarkably steep path to round off at a teetering height. Is this the irrational exuberance that typically marks the last push before a perilous plunge, or is the market reaching escape velocity from the relentless gravity of the Great Recession?

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