Silver as an investment

Category Archives: Recession

Is The Fed About To Drop The MOAB On Wall Street?

Authored by Michael Pento via PentoPort.com, Wall Street and our central bank are in for a rude awakening very soon! The idea that the US economy is on stable footing and about to experience a surge in growth is ridiculous. Hence, the consensus that the Fed can normalize interest rates and its balance sheet is […]

You Got Trumped! Winning horse in presidential race was Trojan

The following artice by David Haggith was first published on The Great Recession Blog: Has there ever been a bigger or worse April fools joke than the spectacle this month of Donald Trump revealing the manifold ways in which he fooled the multitudes? I sympathize with the many people who hoped for a shot at changing the corrupt political-industrial establishment as they feel their opportunity evaporate around them. […]

“The Retail Bubble Has Now Burst”: A Record 8,640 Stores Are Closing In 2017

        “Thousands of new doors opened and rents soared. This created a bubble, and like housing, that bubble has now burst.”         – Richard Hayne, Urban Outfitters CEO, March 2017 The devastation in the US retail sector is accelerating in 2017, and in addition to the surging number of brick and mortar […]

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, rolling process of deflating its credit excesses. It is now simply China’s turn. For context, Japan started deflating their credit bubble in the early 1990s, […]

David Stockman On The Anything President And The Everything Bubble

Authored by David Stockman via The Daily Reckoning, The lemmings are running hard towards the cliffs today. Despite a renewed burst of bombs and drones careening into the already rubble-strewn wastelands of Afghanistan, Yemen, Syria and Iraq. Or the outbreak of cold war style nuclear brinksmanship on the Korean peninsula — what one commentator properly […]

Is World War The Twisted Cure For A Doomed Economy? “Signals for War Are Fiscal”

Authored by Mac Slavo via SHTFplan.com, The march to war is deafening. But the reasons for it go beyond the elements of military conflict and political intrigue. Underlying it all, the reasons are economic. With a nothing-doing economy that has long dragged on the American soul, there is a growing temptation to wipe the slate […]

What’s Your Plan B?

Authored by Charles Hugh-Smith via OfTwoMinds blog, Although Plan B includes a wide spectrum of options, these three basic categories define three different purposes for having an alternative residence lined up. We all have a Plan A–continue living just like we’re living now. Some of us have a Plan B in case Plan A doesn’t […]

After ‘Modest’ 250% S&P Returns, Corporate Pension Funding Levels Roughly Same As 2008

We spend a lot of time writing about public pensions because the aggregate underfunding levels, $3 – $5 trillion on the low end, are simply staggering and at some point they will be realized for the ponzi schemes that they are and the systemic risk they represent to the global financial system.  Until then we’ll […]

US Restaurant Industry Suffers Worst Collapse Since 2009

What tentative hope had emerged for a rebound for the U.S. restaurant industry at the start of the year, was doused last month when in its February Restaurant Industry Snapshot, TDn2K found that “Restaurant Sales and Traffic Tumble in February” and reported that same-store sales fell -3.7% in February, with traffic declining -5.0% . It […]

Angst In America – Disappearing Pensions

Authored by John Mauldin via MauldinEconomics.com, “Companies are doing everything they can to get rid of pension plans, and they will succeed.”   – Ben Stein   “Lady Madonna, children at your feetWonder how you manage to make ends meetWho finds the money when you pay the rent?Did you think that money was heaven sent?” […]