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Fed-up and Failing: How FedMed Killed the Patient

When The Great Recession Blog was conceived back in early 2011, I wrote the following statement to my friend Stan who was thinking about developing a website of his own, which became the core theme for this site: I think focusing on the economy from the perspective of economic sustainability might be better. I don’t know if […]

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You Could Get Mad as Hell and Just Not Take This Anymore!

It’s time to show you’re Fed up! Get mad as hell! Don’t take this any more! Scorch the earth with your rage! Yell from the rooftops! Stick your head out the window and scream! Fight the economic injustice that serves the rich! Kick political asses, and kick them hard! Don’t just whine, do something about […]

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A Sustainable Solution to Endless Cycles of Economic Collapse

It’s not hard to figure out how to end the rinse-and-repeat cycles of financial destruction that I described in “The Bailout Bonanza is Back! (Pt 2: Hedge Hogs Demand More!).” It’s just hard to do politically because the people who are getting bailed out run the system.

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ECONOMIC RECOVERY: A Dozen Doses of Real Medicine for Sustainable Economic Recovery

I spend much time criticizing the outlandish economic foolishness I see throughout the global economy and especially in the US economy (because the US economy is the one I am familiar with as a direct participant). Those who criticize need to be able to offer solutions. I have real, sustainable economic recovery ideas, but I […]

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All Fed up on Peak Debt

How inflated with debt have we become? How long can we float on our own bloat? Reasonably trim in 1970, the sum of all debt publicly financed by the US government was $275 billion. Last week, the government sought to raise $258 billion in just one week! The weekly financing to keep the government afloat […]

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As a Matter of INTEREST, Talk of Inflation Fear, the Fed’s Perfect Unwind, Concern about Wages is ALL Economic Denial

The Federal Reserve is now hacking its own zombie recovery to death and eating it by reversing the actions it employed to create this artificially supported recovery. Each time the Fed unwinds its balance sheet, 10-year bond rates recoil, and the stock market dances along in countermoves and wild swings. The main theme of my […]

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Here’s You and Here’s the Top Ten Percent

In a nutshell, here is a graph that summarizes everything you need to know about the unsustainable US economy. Unless you’re in the top ten percent of income producers in the nation — or, at least, living in their neighborhood — you are living in a dingy bedroom economy that has only seen its net […]

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Yawning Debt Trap Proves the Great Recession is Still On

While David Stockman stated early this year with resolute certainty that the debt ceiling debate would blow congress up and send the nation reeling over the financial precipice, I avoided jumping on the debt-ceiling bandwagon. While I was convinced major rifts in the economy would start to show up in the summer, I was not […]

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A Davos Parable

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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Liberals Scared to Death by Their Own Caricature of Trumpettes

  Everyone must stop saying they are “stunned” and “shocked.” What you mean to say is that you were in a bubble and weren’t paying attention to your fellow Americans and their despair. YEARS of being neglected by both parties, the anger and the need for revenge against the system only grew. Along came a […]

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Professional Stupid-People Consultant: A Personal Perspective on Why Corporate Culture is in Decline

I’m working on a new Linked-in profile and wanted to get your thoughts on it. I’m sure others have similar experience in the decline of corporate culture to share here, too. If I wanted to stay employed in the current corporate climate, I’d update my profile as follows to make it fit what corporations are […]

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Who is Responsible for Creating America’s National Debt?

In my last article, I described how Republicans and Democrats have equally contributed to America’s national debt AND to our economic crisis. That raised a lot of ire from some people on some blogs, and I’m fine with that because anger is always the response when you try to break through denial, especially mass denial. […]

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