Silver as an investment

Category Archives: Bureau of Labor Statistics

“This May Be The End Of Europe As We Know It”: The Pension Storm Is Coming

Authored by John Mauldin via MauldinEconomics.com, I’ve written a lot about US public pension funds lately. Many of them are underfunded and will never be able to pay workers the promised benefits – at least without dumping a huge and unwelcome bill on taxpayers. And since taxpayers are generally voters, it’s not at all clear […]

San Franciscans Pissed To Learn Their Liberal Policies Caused A Wave Of Restaurant Failures

In a note that we’ll file away under the definition of ‘irony’, Bloomberg wrote today that the fun-loving, free-spirited socialists of San Francisco are suddenly really pissed off that their liberal economic policies have resulted in a wave of restaurant failures, making it nearly impossible to find good food at an ‘affordable’ price.  We would […]

“This Is A Crisis Greater Than Any Government Can Handle”: The $400 Trillion Global Retirement Gap

Submitted by John Mauldin of Mauldin Economics Today we’ll continue to size up the bull market in governmental promises. As we do so, keep an old trader’s slogan in mind: “That which cannot go on forever, won’t.” Or we could say it differently: An unsustainable trend must eventually stop. Lately I have focused on the […]

The Working Class Can’t Afford The American Dream

For millions of middle- and working-class Americans, the "American Dream" is all but dead.  Far from being able to afford their own homes, the Fed’s latest survey on the wellbeing of US households revealed that nearly a quarter of Americans are unable to pay their monthly bills on time, and nearly half have less than […]

August Payrolls Preview: Prepare For Disappointment

If there is one common theme across sellside previews of tomorrow’s nonfarm payrolls number, expected at 180K after a surprising jump to 209K in July, it is to brace for disappointment, or in Wall Street parlance, “downside risks.” And it’s not because of Harvey which hit the US far too late in the month to […]

These Are The States Where $1 Million Lasts The Longest

If you had a million dollars, would you retire? For most Americans, the answer to that question would be no. Which is especially problematic for millennials, who, having been permanently scarred by the financial crisis, are investing at lower rates than members of Generation X or the Baby Boomers, making it more difficult for them […]

Baltimore’s Homeless Erect Modern Day ‘Hooverville’ Tent City On Front Lawn Of City Hall

Via StockBoardAsset.com, Baltimore’s homeless have erected a modern day ‘Hooverville’, or better yet a ‘Trumpville’ on the front lawn of Baltimore’s City Hall.  The tent city demands are the following: Economics: 21st Century Jobs Guarantee Program Criminal & Social Justice: Support for Power Consulting to become DOJ consent decree monitor Housing: City Wide Housing First […]

From Jihad To Jobs, Paul Craig Roberts Says “Fakes News Is A US Media Specialty”

Authored by Paul Craig Roberts, The American media specializes in fake news. Indeed, since the Clinton regime the American media has produced nothing but fake news. Do you remember the illegal US bombing and destruction of Yugoslavia? Do you remember “war criminal” Slobodan Milosevic, the Serbian president branded “the butcher of the Balkans,” who was […]

Southern California Median Home Price Doubles In Five Years

Submitted by Jeff Paul The US government likes to pretend that the rising cost of living is under control. People in Southern California know better. According to a new report in the Los Angeles Times, median house prices in Southern California have doubled in the last five years. LA Times reports: In many corners of […]

A Shocking Thing Happened To College Tuitions In 2016…

The staggering inflation rates of college tuition over the past couple of decades has been a frequent topic for us.  As the Wall Street Journal notes today, the cost of educating our snowflakes has soared since the early 90’s and outstripped overall inflation by nearly 4x.  It seems that the liberal indoctrination of an entire […]