Tags » Economic Crisis

Lost Sleeping Beauty (?)

When in the second half of 2014 Croatia’s president Kolinda Grabar Kitarovic entered into the race for the Office of the President of Croatia the other candidates’ camp hung a “Barbie” tag upon her. 1,686 more words

Recession Alert: World Headed for Cyclical Slowdown

Note: Please see the source for the rest of the charts.

Despite the U.S. leading economic indicators appearing healthy, the global economy appears to be headed for a slowdown, with only 34% of the 40 countries we track having leading economic indicators (LEI’s) signalling growth ahead, and the actual GDP-weighted Global LEI growth now below zero (click any image to enlarge):

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Politics

Why even supply-siders know Trickle Down is rubbish. Even if you build it, the poor can’t come - Mark R Reiff.

Supply creates its own demand?

Wrong!

When you build more stuff, it is not true that all the costs of production are introduced into the economy as new money. 1,492 more words

Economics 101

'Venezuela on the Edge: Migration continues amid economic crisis'

Thousands of people are leaving Venezuela following the re-election of President Nicolas Maduro the economy forcing many people to seek better opportunities abroad.

The Venezuelan exodus has attracted the attention of the United Nations which has described it as the largest ever migration from the Americas. 14 more words

Politics And Society

The Red-Flag Warning on Your Social Security Statement

                                                         Credit: Larryhw/Dreamstime

Re-posted from National Review May 24, 2018

‘By 2034, the payroll taxes collected will be enough to pay only about 77 percent of scheduled benefits.’ 887 more words

Economic Crisis

A Global Systemic Collapse – Opportunity & Risk

QUESTION: Mr. Armstrong; FX Street named you forecaster of the year for your Swiss franc euro peg forecast that also nobody else saw coming. I remember you were named here in Canada as Economist of the Decade for your calls during the 1980s with the 1987 crash and the crash in Japan.

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Politics

A smaller housing bubble: prices up, easier credit but homeownership down, fewer involved

Discussion of a looming housing bubble hints at similar factors to the problems of the 2000s:

The number of FHA-insured borrowers who are behind on mortgage payments has jumped, Wade wrote in her testimony.

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Sociology