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Fumbling Towards Collapse
Submitted by Howard Kunstler via Kunstler.com, In all the smoke and fog emitted by Trump and his adversaries, it must be hard to make out the actual issues dogging this society, and even when you can,...
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Trump’s Top Econ Guy Just ANNIHILATED the Market’s Growth Fantasy
The single biggest story this morning is Treasury Secretary Steve Mnuchin pouring ice-cold water on the market’s mania. Since Trump was elected November 8th 2016, the market has gone almost straight up...
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America’s Miserable 21st Century
Via Nicholas Eberstadt of CommentaryMagazine.com, On the morning of November 9, 2016, America’s elite—its talking and deciding classes—woke up to a country they did not know. To most privileged and...
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A Look Back At 1999!
Via RealInvestmentAdvice.com, On Friday, I penned: “The question that must be answered is just how much of the benefit from these fiscal proposals have already been priced in perfection? What happens...
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US Productivity Growth Slowed Dramatically In Q4
Following Q3’s 3.3% surge in US worker productivity – the best in 2 years – Q4 was a disappointment as growth slowed to just 1.3% (below the 1.5% expectation). Productvity growth slowed to just 1.3% in...
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American Men Are Giving Up On Jobs
Via MauldinEconomics.com, I’ve written about this before, but there are 10 million American males between the age of 24 and 64 who have literally dropped out of the workforce. It means that they have...
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Sinking Into The Centralized Cesspool Of Corruption, Cronyism, And Sclerosis
Authored by Charles Hugh-Smith via OfTwoMinds blog, Those urban regions that pursue decentralized, networked, localized solutions will likely prosper as the adaptive advantages of these principles pay...
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Quiet Start To Quad-Witching St. Paddy’s Day: Futures Flat, Global Stocks Mixed
A quiet start to today’s quad-witching St. Patrick’s day, with European stocks mixed, Asian shares and U.S. index futures (-0.1%) little changed ahead of industrial production data with just Tiffany’s...
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The Divergence Between ‘Hard’&‘Soft’ Data Explained (And Republican Bulls...
Another dataset, another head-scratching disparity between ostensibly fulsome confidence and evidently sluggish activity. While markets get whipsawed reacting to divergent hard and soft data points,...
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Who Wants What In Washington? The One Chart Summary
Once upon a time Washington was simple: on one hand you had Republican interests, on the other: Democrats, and inbetween them perhaps, the occasional independent or “green.” Now… it’s less simple. At...
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Productivity Myths Shattered: Is Productivity Rising Or Falling? Why?
Authored by Mike Shedlock via MishTalk.com, The debate over productivity rages on. Some believe productivity is understated. Others believe it is overstated. Janet Yellen believes a lack of strong...
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#FordSchoolYellen Q&A Post-Mortem – Janet Yellen’s Greatest Hits
Fed Chair Janet Yellen has just completed her Q&A with Twitter. She did not disappoint… The Economy… *YELLEN: U.S. ECONOMY IS "PRETTY HEALTHY" Worst economic recovery on record… *YELLEN: WE MUST...
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China’s Credit Excess Is Unlike Anything The World Has Ever Seen
By Andrew Brown, a partner for macro and strategy at ShoreVest Capital Partners From a global macroeconomic perspective, we encourage readers to consider that the world is experiencing an extended,...
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11 Facts That Prove That The U.S. Economy In 2017 Is In Far Worse Shape Than...
theeconomiccollapseblog.com / By Michael Snyder / April 23rd, 2017 There is much debate about where the U.S. economy is ultimately heading, but what everybody should be able to agree on is that...
View ArticleThe Trump Is A Fraud On Taxes
market-ticker.org / by Karl Denninger / 2017-04-26 You cannot deficit spend your way to prosperity, nor can you print growth. You can print money. Deficit spending is printing money. You cannot print...
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There Is Only One Way Out of Debt-Serfdom: Fanatic Frugality
Authored by Charles Hugh-Smith via OfTwoMinds blog, Debt is serfdom, capital in all its forms is freedom. If we accept that our financial system is nothing but a wealth-transfer mechanism from the...
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These Are The Most Expensive (And Best) Cities Around The World
Every year Deutsche Bank releases its fascinating index of real-time prices around the world which looks at the cost of goods and services from a purchase-price parity basis, to determine the most...
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Which US Region Contributes The Most To GDP?
The U.S. Bureau of Economic Analysis (BEA) has published gross domestic product (GDP) figures for the fourth quarter of 2016 by state. According to the BEA data released on Thursday, real GDP increased...
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Over The Last 10 Years The U.S. Economy Has Grown At EXACTLY The Same Rate As...
Even though I write about our ongoing long-term economic collapse every day, I didn’t realize that things were this bad. In this article, I am going to show you that the average rate of growth for the...
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