Tag: United States Economy
America’s Real National Emergency
GDP is falling, not rising…at a 6% annual rate. And if this keeps up, it will rival America’s Great Depression in severity.
The Real Threat Is in Washington
GDP is increasing at 2.5% per year. Federal debt is increasing twice as fast. No way is that going to have a happy ending.
Crash Alert
The next recession is coming fast. And based on the early data I have, it looks like the Doom Index will hit ‘8’ in our official reading this quarter.
Conversations with a Ghost
You’ve got a debt of $22 trillion that you can’t possibly pay. I see you’re spending 38% of GDP, but you’re only collecting about 17% of GDP in taxes.
An Oasis in a Desolate Wilderness…
No economic recovery ever exceeded 119 months. This one is already at month 116. The audience is getting restless. It’s time to wrap it up.
The Disappearance of the American Conservative
The economy is no better than it was under Barack Obama. And that ‘blazing’ growth? It’s actually less than the growth rate through the Great Depression!
‘Us Versus Them’ Is Always a Scam
Why would taxes on the rich suddenly be so popular? Easy…the middle classes think they’ve been cheated. Many thought Donald J Trump would set things right. Now they look to the tax code.
Investors Will Fight This Trend…And Lose
After a 38-year boom, the fundamentals have reversed. Day is night; night is day. From lower and lower interest rates, we see rising ones.
The Real Problem with AOC’s Tax Hike
Americans seem to be getting on board the ‘tax the rich’ train faster than they can sell tickets for it. Envy is readily disguised as ‘virtue signalling,’ and larceny is easily confused with reducing ‘inequality.’
Bill Bonner: Seeing Eye Human
Untying the US economy from China is not possible. The relationship is sick…but symbiotic. The US provides the fake money. China provides the cheap stuff.
Where the Market Will Go Next
The primary trend of the market had changed from bullish to bearish. But that doesn’t mean it will be a straight shot down.
Mr Market Will Have the Last Laugh
The US government funded the boom of the last 30 years with debt — which increased, year after year, 2-4 times faster than the GDP needed to pay it.
One Mistake Dooms Investors…
Both Trump and Powell will do all they can to save this market. Both are avoiding a bloodbath because the blood will splatter on their own white shirts.
Dow 10,000
Trump will do whatever he can to keep prices rising on Wall Street — by talking up the economy with his usual mixture of real bravura and counterfeit facts.