Tag Archive
authoritarianism bank bailouts bank failures Bank of America Ben Bernanke bonds capitalism cashless society China coronacrisis cryptocurrency deficit spending Donald Trump economic bubble economic collapse economic crisis economic denial economic news articles economic predictions economic recovery epocalypse euro crisis European Union great depression Greek crisis Hillary Clinton housing bubble housing market collapse hyperinflation immigrant labor inflation Iran nuclear crisis national debt oil prices quantitative easing quantitative tightening Reaganomics recession recession v depression Russia stock market sustainable economics The Federal Reserve the Great Recession unemployment
The Fed Never Sees it Coming! They Just Cause it!
Even though the Fed was specifically chartered to help protect the US from massive economic collapses like we experienced in The Great Depression and to protect banks from major bank runs like banks experienced in the Great Depression, the Fed never sees these things coming. Not only does it fail to see them coming even […]
Panic in the STREET: One Bank Crashes, A Bigger One RUNS for its life then crashes, and Suddenly it’s Panic on Wall Street!
Just when you have figured out what you’re going to write about at the start of day, along comes major morning news that sweeps your plans away. Today, the news changed more quickly than I could write the introduction to this article. I had to rewrite it and the headline several times after I published the article!
The Epocalypse Interview with Tom Bodrovics
Here is my recent interview with Tom Bodrovics of Palisades Gold Radio. I think it gives the broadest and easiest-to-understand overview of how the Federal Reserve has delivered us into a catastrophic situation for which the Fed truly has no answers that will do anything, except make everything worse: (In summary: The coronacrisis brought massive […]
Epocalypse Revisted: The Entire Global Economy is Breaking Up on the Rocks
The sails are torn and fluttering fiercely like flags in a windstorm. The ship has stopped slicing through the waves, and its timbers are shuddering on the rocks. You can hear the stony teeth chewing into her planks, but the captain and crew are passing around sherry glasses and raising a toast to the fine […]
Protected: Economic Predictions for H2 2022, Part 1: This is not Your Father’s Inflation
There is no excerpt because this is a protected post.
Protected: Death of the Dollar: Economic Collapse Certain
There is no excerpt because this is a protected post.
Coronavirus Unemployment Could Cause Greater Depression, Deadlier than the Disease
The longer US unemployment rises due to our response to coronavirus, the greater our depression, whether mental or economic, even to the point of another Great Depression. Suicides increased during the Great Depression. Suicide mortality peaked with unemployment, in the most recessionary years. The great despair of the Great Depression and increased suicide rates were due […]
Fiercest Economic Collapse in History is Best Month for Stock Market
It was the best of times, it was the worst of times. April closed as the best month for the US stock market since the V-shaped recovery that followed the Black Monday stock market crash of 1987. April also delivered the deepest, broadest economic collapse of any month in history.
Wall Street Bulls Battle the Bears in Mother of All Recessions
FedMed proved dead awhile ago with the whole Bulls team looking dead on the field, until Team Trump, the owner’s club, joined Coach Powell. Then Powell’s coaching team upped its game; and, finally, the Wall Street Bulls revived. “Big deal!” the Bears now yell. “Let’s get back to playing ball!”
It’s a Bloodbath, and There’s a Toaster in the Bathwater
It just can’t get bad enough, and I can ‘t write fast enough. The headlines at the end of the week are now stunning, so I’m going to share several of them along with some quotations from the bawling and dying market bulls. In just one week, this has become the fastest stock market plunge […]
Bubble Bubba Isn’t Doing Fine Anymore
Let’s take a look at how the average consumer is doing. I’ll call this typical consumer “Bubba” because I just read an article that claimed “Bubba’s doing better today than at any time since before the Korean War.” It disgusted me because I found it to be such a disingenuous set of lies wrapped in […]
Protected: Flying Upside Down over Wonderland in a Cold-Air Balloon about to Burst: Welcome to Negative Interest in Bond Bubbleland
There is no excerpt because this is a protected post.