Tag: US Economy
Neoliberal Economics Destroyed the Economy and the Middle Class
Perhaps economists will also come to the realization that they owe us accurate GDP accounting and not fanciful accounts that serve elite wealth in the financialized economy.
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What Globalism Did Was to Transfer the US Economy to China
The Fed can pump out more money to drive up financial asset prices, but it doesn’t drive up production because the jobs have been sent abroad.
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President Nixon’s Accomplishments in Protecting the Environment Are Being Destroyed by the Trump Regime
Richard Nixon is mostly remembered for Watergate, but he also established environmental protections that are being rolled back by the Trump administration.
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Is the Federal Reserve Losing Control of the Gold Price?
With central banks moving their reserves from dollars to gold, the demand for US government debt is not keeping up with supply.
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Tariff Damage Spreading in US, China within Target in H2 2019
In the second half of 2019, US economic prospects will soften, despite the Fed rate cut, whereas Chinese growth target is likely to prevail. It’s time to prepare for diminished global economic prospects in 2019-20.
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More Fake Happy News About Jobs
The claim of a falling rate of unemployment over the past decade is inconsistent with the falling labor force participation rate.
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Economic Growth Comes from Consumer Saving, Not Spending
The Federal Reserve’s inflationary monetary policy perversely incentivizes consumer spending when what the economy needs for real growth is consumer saving.
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Are You Prepared for a Recession?
Contrary to what you might read in the New York Times and other establishment media, the US economy is not doing fine. Another Fed-caused bust is coming.
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Huge Gap between US Markets and International Trade
The current gap between US market highs and international economic realities is precipitating a global recession by 2020, given the current trends.
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The Diminishing American Economy
The Federal Reserve conducts monetary policy for the purpose of protecting the balance sheets of banks and other favored financial institutions.
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The State of the Economy
The Federal Reserve and plunge protection team will rig the markets for the mega-rich until the US dollar loses its role as world reserve currency.
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Trump’s Futile Quest for a Renminbi Plaza Accord
China’s monetary policy is not as US media reports claim, and the negative consequences of Trump’s tariffs are about to hit American consumers.
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The Tariff Issue
The tariffs will not bring back jobs, but will reduce the profits of American overseas production exported to the US and raise prices to US consumers.
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apres moi le deluge
History is repeating itself: Let them eat cake. After me the deluge. The French Revolution followed.
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A Golden (Long-Term) Opportunity
With most physical demand for gold coming from emerging economies that are also fueling global growth prospects, gold is on the right side of the future.
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Can Trump Survive Syria, Mattis, Stock Market Fall, & Friedman’s ‘Watershed Moment’?
The bipartisan consensus that sustained the Cold War for more than four decades has never reconciled itself to the prospect of geopolitical peace.
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Underneath the Trade War of Donald Trump and Xi Jinping
There are two crucial factors at the forefront of the US-China trade war: the leadership qualities and personalities of Donald Trump and Xi Jinping.
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An Assessment of Trump: Trump the Great?
In a stroke of genius, Trump, despite his thoroughly neoconservative regime, is doing a wonderful job of destroying Washington’s hegemony.
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How Could Trump Tariffs Double America’s Trade Losses
Trump tariffs are based on flawed doctrines, which could penalize the US as much as its trade deficits.
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More Jobs Fictions
Considering all the contradictions in the BLS data and the inaccurate measure of unemployment, we really have no idea of the state of the economy.
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