The Economy – Articles

Why Free Trade Is Not Good for America

Why Free Trade Is Not Good for America One Radio Network Patrick Timpone interviews Andrew Gause Patrick:  Here’s Rob Kirby, a quick little clip.  We like Rob Kirby, he’s up in Canada. Rob Kirby: Donald Trump, whatever else he might be, Donald Trump is anti-globalist.  Donald Trump has said that he would not allow America…

Trader Scott – Volatility Is Here to Stay – January 6, 2016

Volatility Is Here to Stay Yes 2016 started with a bang and yes that volatility is here to stay and will keep increasing especially into 2017 and beyond. Liquidity, and I’m not referring to liquidity on bank’s balance sheets, but the liquidity in markets, meaning the ability to enter/exit trades – has collapsed. The global…

Trader Scott – “My intermediate outlook changed to bearish on stocks, for the first time in over 4 years”

Trader Scott – “My intermediate outlook changed to bearish on stocks, for the first time in over 4 years” Please check the archives for my prior outlooks for continuity. First stocks, gold, oil and then we’ll spend more time on bonds. My last update 5 weeks ago, my intermediate outlook changed to bearish on stocks,…

During The Best Period Of Economic Growth In U.S. History There Was No Income Tax And No Federal Reserve

By Michael Snyder, on August 8th, 2013 The Economic Collapse How would America ever survive without the central planners in the Obama administration and at the Federal Reserve?  What in the world would we do if there was no income tax and no IRS?  Could the U.S. economy possibly keep from collapsing under such circumstances? …

60 Completely Outrageous Ways The U.S. Government Is Wasting Money

March 25, 2013 http://www.blacklistednews.com Source: Michael Snyder, Guest Post Is there anyone better at wasting money then the U.S. government? Despite the sequester and all of the talk about “deep cutbacks”, the federal government continues to waste money in some of the most outrageous ways imaginable. For example, does the U.S. government really have to…

The Unholy Alliance of John Maynard Keynes

By Ron Hera Perhaps the greatest modern champion of central economic planning was the 20th century English economist John Maynard Keynes. Keynes, who was a political socialist and for a time a central banker, advocated the idea that the government should play a large, active role in the economy. Among the consequences of Keynes’ economic…

VIDEO: Planned Obsolescence – How and Why Products are Designed to Fail

Why do printers fail after printing so many pages and why is buying a new one easier and less expensive than repairing it? Why does clothing wear out after so many washings? Why do nylon stockings get runs in them after wearing them only once or twice? Why is it that as soon as we’ve…

Pending home sales fall 4.7 percent

WASHINGTON (AP) – A measurement of pending home sales fell to the third-lowest reading on record in May as the housing markets recovery continued to prove elusive. The National Association of Realtorsseasonally adjusted index of pending sales for existing homes fell 4.7 percent to 84.7 from an upwardly revised April reading of 88.9. The index…

Whistling I May Soon Be: Fraudclosure

Massachusetts’s highest court is poised to rule on whether foreclosures in the state should be undone because securitization-industry practices violate real- estate law governing how mortgages may be transferred. The fight between homeowners and banks before the Supreme Judicial Court in Boston turns on whether a mortgage can be transferred without naming the recipient, a…

Joseph Stiglitz: the euro may not survive

 Joseph Stiglitz, one of the world’s leading economists, has warned that the future of the euro is "looking bleak" and the fragile European economic recovery could be irreparably damaged by a "wave of austerity" sweeping the continent.    The former chief economist of the World Bank and a Nobel prize winner also predicted that short-term speculators…

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