Archive for August, 2016

Whirled Politics: Would you rather be Trumped or Pillaried?

Posted August 22, 2016 By David Haggith
By DonkeyHotey [CC BY-SA 2.0 (http://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons

I’ve never seen anything so surreal as the United States’ current political circus of unelectable and undelectable candidates offered as each party’s top of the crop. I can’t stop wondering if the Trump is Clinton’s decoy, gathering all the Republiducks into one place so the Democats can slaughter them. Yet, as surely as Trump looks like he’s trying to throw the […]

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Books for the Great Recession

The following is a short reading list of books that readers of The Great Recession Blog have shown the most interest in — books suited for times of economic collapse or geared toward thinking outside the box as well as few on the history of the Great Depression and the making of the Great Recession: […]

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Federal Reserve hacking its own recovery to death

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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This graph says it all — US 2016 Recession Already Here!

Posted August 4, 2016 By David Haggith
US recession 2016

This graph by 720Global shows how spot on my pronouncement of a US 2016 recession is and how precarious the path ahead. In spite of the lack of any official declaration by the US government or its economic priesthood, I’ve stated more than once in 2016 that the US is already in recession. Several interesting observations can be made […]

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Slippery Oil Prices Plunge Over Cliff into Bear Market

Posted August 1, 2016 By David Haggith
Knowing how to invest in oil means not having barrel of it leaking around your home. | By fernost (Self-photographed) [Public domain], via Wikimedia Commons

Oil today plunged quickly below $40 per barrel, taking oil prices down more than 20% from their high a little over a month ago. That officially defines a bear market in oil. As of today, oil has also moved below its 50-day, 100-day and 200-day moving averages. July has again turned out to be a huge disappointment for oil producers […]

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