The Great Recession Blog

Compare the Great Depression to the Great Recession, and you’ll see a similar pattern in how the Dow Jones Industrial Average graphs out. That pattern appears to be repeating now. The nation’s most notorious stock market crash in 1929 did not occur as a single fall off a cliff, but started with high points that rounded downward as […]

It appears one of my most boisterous predictions last year could be about to fail (and right at the point where it looked like a success in every detail). The current stock market rally and rise in oil prices appear to contradict my big prediction of a stock market crash that would start in December. I bet my blog on that […]

Many nations that experimented with the Fed’s economic recovery plan are now going beyond the outer limits into the twilight zone of negative interest rates. Some of these nations continued to skirt in and out of the edge of recession throughout their years of economic stimulus; so, now they’ve powered their programs into hyperdrive to see if they can escape […]

The developing Epocalypse will become the super-volcano of economic history, and this week revealed cracks in the surface that give hints of the eruption to come. It was a week of crumbling throughout global stock markets that has challenged records. Thursday, Hong Kong stocks suffered their worst start of a Chinese New Year since 1994 in […]

Only a couple of weeks ago, I said we were entering the jaws of the Epocalypse. Now we are sliding rapidly down the great beast’s throat toward its cavernous belly. The biggest economic collapse the world has ever seen is consuming everything — all commodities, all industries, all national economies, all monetary systems, and eventually all peace and […]

The Federal Reserve economic stimulus plan is edging toward the Twilight Zone now that the Fed sees its recovery about to be eaten by an economic apocalypse greater than its imagination could conceive. Though many think of central bankers as stogy and uncreative, the Fed has been quite creative when it comes to massive economic ideas that […]

January was the winter of our discontented stock market. It was the worst January since 2008, when the Great Recession began. It was, in fact, the worst January in the history of the New York Stock Exchange. According to Citigroup, Inc., it was also the worst January ever for credit markets. A financial professor at NYU agrees with […]

In the fall of 2015, the world descended into an economic apocalypse that will transform the globe into a single cashless society. This bold prediction is based on trends in nations all over the earth as shown in the article below. As we enter 2016, we are only beginning to see this Epocalypse form through the fog of war. The […]

If it weren’t so serious for the world, it would have been funny to watch on Thursday as the stock buy zolt ambien online market rose sharply upon news that oil prices were rising. Robotraders with silicone brains, I thought. Do people really believe today’s rise in the price of oil means anything? There must be a built-in […]

As stock markets all over the globe start the week with more cliff diving, following their worst opening week in history, I’d like to take this opportunity to jam my finger in the central bank’s eye. The Federal Reserve’s recovery plan – which I’ll call “Goliath” because of its giant monetary expansion — is now dying. Its obituaries are quickly hitting newspapers all […]

I’m going to declare that I’ve won my bet, and the blog is still here! I bet my blog last year that the global economy would collapse by last fall and that the US stock market would crash in the fall. When fall came, I doubled down on the bet by also betting the exact date for the stock […]

An economic apocalypse upon us. My 2016 economic predictions provide the full explanation as to why 2016 will be the year of the Epocalypse — a word that encompasses the roots “economic, epoch, collapse” and “apocalypse.” I needed a word big enough to describe all that is about to befall the world in 2016. When you see the towering forces that […]