Archive for July, 2017

Bank Deregulation Back in Vogue: It’s time to dance the last fandango!

Posted July 25, 2017 By David Haggith

tax burden of the beleaguered peasants give rise to socialist revolution

The Great Recession was so great for the only people who matter that it is time to do it all again. Time to shed those bulky new regulations that are like clod-hoppers on our heals and dance the light fantastic with your friendly bankster. Shed the encumbrances and get ready for the new roaring twenties

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Knave_Dave posted on July 30, 2017
No, not going for economic equality -- as you'll see believe -- other than equal opportunity to participate. In a…
Don_in_Odessa posted on July 30, 2017
"Whats a matta whid joo?" Are joo betta dan da Bangladeshis or Mexicans? Just pulling your leg Dave. You are…

Filed in Uncategorized | Tagged: The Federal Reserve, the Great Recession

How Will the Federal Reserve Untie its Gordian Knot?

Posted July 17, 2017 By David Haggith

By Kikuyu3 (Own work) [CC BY-SA 4.0 (http://creativecommons.org/licenses/by-sa/4.0)], via Wikimedia Commons

The Federal Reserve is telegraphing that it is going to begin its great unwind in September. It’s going to untie its ownÂ not untiable knot. In case you cannot untie what I just said, that’s a knot that cannot be untied. I’m writing the article to ask you to ponder this conundrum with me.

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Knave_Dave posted on August 1, 2017
I would love to follow the example of Island. The only country that showed any sign of true prudent wisdom…
Liz Nameth posted on August 1, 2017
I agree with you completely. I think that's the problem when the 1% is in charge. They view the common…

Filed in Uncategorized | Tagged: quantitative easing, stock market, The Federal Reserve

“Epocalypse” Now Proves to be Right Term for the Inevitable Economic Collapse We are Now Headed into

Posted July 14, 2017 By David Haggith

Falling housing prices may cause Housing Market Crash 2.0.

In the fall of 2015, I coined the term Epocalypse to describe and define the scale of economic collapse that we are headed into. I couldn’t think of a better term because it conveys connotations of “epoch” and “epic” with audible overtones of “collapse” while being a contraction for “economic collapse.”

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Knave_Dave posted on August 2, 2017
Same conclusion I've come to in my most recent article: http://thegreatrecession.info/blog/machine-mania-marketplace/ A price vacuum will form because so many traderbots…
QEternity posted on August 2, 2017
The "bubble" is now in passive investment funds. When the market starts to head down, as it will invariably, the…

Filed in Uncategorized | Tagged: economic collapse, epocalypse, The Federal Reserve

US Economy Keeps Moving Into Summer Storm

Posted July 12, 2017 By David Haggith

One of the kookiest moments last month came when Fed Chairwoman Yellen spoke about seeing no financial collapse in sight during our lifetimes “Would I say there will never ever be another financial crisis? No. Probably that would be going a little too far, but I do think that we’re much safer, and I […]

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steven Fortin posted on July 14, 2017
I once had a friend and his favorite saying was " debt is the cheapest form of equity". He ceased…
Delving Eye posted on July 14, 2017
It's hard to fathom the absolute ignorance and hubris of Fed chairs like Greenspan, Bernanke and Yellen. Do they live…

Filed in Uncategorized | Tagged: Ben Bernanke, deficit spending, Donald Trump, economic collapse, economic crisis, economic denial, national debt, quantitative easing, stock market, The Federal Reserve, the Great Recession

The Broken States of the Union

Posted July 1, 2017 By David Haggith

For the first time in US history a handful of US states is teetering on the edge of bankruptcy. Illinois is about to be downgraded to junk bond status, which will turn its financial problems catastrophic overnight. Illinois cannot possibly pay its accumulated debt, its unpaid medicaid expenses and its future retirement obligations, so bankruptcy […]

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Knave_Dave posted on July 5, 2017
Would you believe I meant the younger population died waiting for the baby boomers to take responsibility for their own…
Bill Smith posted on July 4, 2017
"...dead wait..." Really ?

Filed in Uncategorized

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