![By U.S. Department of State from United States ("Restart Button") [Public domain], via Wikimedia Commons](https://i0.wp.com/thegreatrecession.info/blog/wp-content/uploads/Hillary-Clintons-Reset-Button-with-Russia.jpg?fit=150%2C150&ssl=1)
A number of readers here know that I have sometimes written articles for RT.com, owned by the Russian government. I got paid $200 per article via direct deposits from Moscow into my bank account for each article I wrote. Never did I write anything about the US that I was not willing to publish here […]
The following is a comment I found on Zero Hedge. It says almost exactly what I would do with the stock market as the kind of REAL corrective action that needs to happen to fix the flaws in our economy, some of which I wrote about in my book Downtime.
![DonkeyHotey [CC BY 2.0 (https://creativecommons.org/licenses/by/2.0)]](https://i0.wp.com/thegreatrecession.info/blog/wp-content/uploads/Xi-Jinping-Caricature.jpg?fit=150%2C107&ssl=1)
A new report by the conservative Peterson Institute for International Economics says, “China Was Never On Path to Meet ‘Phase 1’ Purchase Commitments.” The report confirms my claim in December, 2019, that Trump offered a fake Phase One deal because he had failed in his trade war and needed a win for his campaign.
Having written my own articles about how we are going into recession dead ahead, I want to back those up with the chorus of alarmed comments everywhere now about Powell is power-diving our economy straight into a recession.
I tried my best to give the BLS the benefit of the doubt when it did not massage the inflation rate in its last CPI report lower for January than December as I thought it would. I did, that is, until I dug deeper into what the BLS did do. Now government is at it […]
With their falling star, Hillary Clinton, in need of fresh diapers because her geriatric presidential campaign was just charged in court with spying on the White House, a president of the United States, and an election campaign for the purpose of creating “evidence” that President Trump colluded with Russia against Hillary … and with their […]
After hitting the highest official inflation rate in 40 years, bonds did exactly what I warned of in my last Patron Post where I said, The collapse of the Everything Bubble will be an economic supernova. Think Lehman Bros. and Bear Stearns and all the rest of what happened to cause the great recession, then […]
This is my 777th post on this blog, although a couple of those are still in draft form. With this post I get to acknowledge something almost impossible. I struck out with my last post and knocked the ball out of the park. It was tempting to pull the post this morning and revise it, […]
They already promised they will. That’s the kicker, and everyone in the financial press accepted their promise with no complaints because everyone in finance wants to see lower inflation that won’t disturb broker’s bullish selling and investor sentiment and bond funds and hedge funds, etc. It pays to not question.
The stock bubble, the bond bubble (along with its sub-bubble, the zombie corporation bubble), and the housing bubble are all major parts of the economy that central banks directly inflated with their profligate monetary whoring that will all deflate catastrophically when the hot air blown into their love dolls is taken away. These bubbles constitute […]
I’ve just written a Patron Post that lays out the enormous scope and serious ramifications of the corporate zombie bubble that will likely blow up as part of the bond bubble that is now ready to supernova, but here is a video by CNBC that does a good job of laying out the basic problem […]
My first article in the “The Everything Bubble Bust” series focused on the bursting of the stock-market bubble, which is already reached minimum bear-market stage, because that is the most obvious area of everyone’s concern, and it is something with which we are all familiar. In my second article, I was going to focus on […]
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