It’s no longer just me using terms like “Armageddon, crisis, devastating, chaos, Great Depression;†it’s leaders of the world’s most august and conservative central banks!
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Archive for October, 2019
Housing Falls
Posted October 25, 2019 By David Haggith
The leaves are turning quickly now, and so is housing … down … like autumn’s leaves. Earlier this month, I wrote of how housing sales had started to float upward against my call for a long housing decline more than a year prior, but that turned out to be a mere swirl in the wind:
Filed in Uncategorized | Tagged: housing market collapse
The Whacky Wonderland of Sovereign Debtors and their Central Banksters
Posted October 20, 2019 By David Haggith
Before delving further into the schemes of central banksters for saving their debt-addicted sovereigns from monsters the banksters created in their own laboratories, I thought it might be helpful to present an overview of just how wild their brave new world has become.
Filed in Premium Posts, Uncategorized | Tagged: bonds, deficit spending, economic collapse, euro crisis, European Union, national debt, Reaganomics, The Federal Reserve
Quick Recap of the Fed’s Foundering Follies and Our Descent into Economic Madness
Posted October 19, 2019 By David Haggith
As September rolled into October, the US central bank’s monetary madness blew all over us like a fountain of foam in a windstorm. First, the Fed burst into $75 billion in overnight funding operations due to obvious shortages all over the map in bank reserves. Then the surge spread beyond that into longer-term temporary funding […]
Filed in Uncategorized | Tagged: economic collapse, quantitative easing, quantitative tightening, The Federal Reserve
QE4ever Arrives in One Quantifiable Quantum Leap!
Posted October 14, 2019 By David Haggith
It’s QE4ever, Baby! The Fed’s latest move back into quantitative easing took a quantum leap in a single day with last week’s rush announcement of major permanent money injections to begin this Tuesday. Since the Fed adamantly denies it is doing what it is doing — going back to quantitative easing (because they legally have […]
Filed in Uncategorized
ECONOMIC RECOVERY: A Dozen Doses of Real Medicine for Sustainable Economic Recovery
Posted October 13, 2019 By David Haggith
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 […]
The Relentless Road to Recession
Posted October 5, 2019 By David Haggith
“Show me the data,” demand those who cannot see a recession forming all around them and who keep parroting what they are told about the economy being strong because it is what they want to believe; yet, the data look like an endless march through a long summer down the road to recession.
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