If You've Got Gold, You've Got Money!
US Bankruptcies Busting Out to Match 2009 Peak Mean Trouble for Stock Market by David Haggish for The Great Recession Bloomberg reported this week that thirteen US companies (in the 50-million-plus size) filed for bankruptcy last week. That brought the...
2020 Economic Predictions: This Series of Unfortunate Events Guarantees the Epocalypsen by David Haggith for The Great Recession Look at the plethora of problems in my list of 2020 economic predictions, which are so severe and so likely to get...
Recession Started Right on Time — Before Most Were Even Aware, So Beware! by David Haggith for The Great Recession Before we get into the timing of the recession, here is a graph that is particularly telling of the Fed’s...
To “V” or Not to “V”? That is the question. by David Haggith for The Great Recession Whether it is more likely for the economy to recover in a V-shaped pattern or not, the stock market did. Now it is...
Lying, Deadbeat Fed Fathers Starving Children but Feeds His Fat Favorites by David Haggith for The Great Recession When asked by the press if the Fed was concerned about how it has increased wealth disparity in the US with its...
Papa Powell Sees “Tremendous Human and Economic Hardship” (No V-Shaped Recovery) by David Haggith for The Great Recession Jerome Powell burst the stock market bubble by publicly acknowledging there will not likely be a “V”-shaped economic recovery. He indicated that...
The Jobs Report Misunderstanding in a Nutshell: NO V-Shaped Recovery in Sight by David Haggith for The Great Recession The first graph gives you a glimpse of the “huge jobs rebound” that shocked the stock market into spurting past its...
I Believe in the Stupidity of the Stock Market by David Haggith for The Great Recession I believe in it in the sense that I believe it will stupidly become even stupider for a short time. So, I’m putting money...
An Epocalypse Upon Us by David Haggith for The Great Recession I’ve missed a few predictions along the way, but usually only in part. When I missed, it was because I took the bad too far. The bad has almost...
CASHLESS SOCIETY 2020: How Banks Mint Money and What’s Restraining Digital Currency by David Haggith for The Great Recession Bill Gates, a plague and central banks have converged like the perfect storm to propel the US toward becoming a cashless...
CASHLESS SOCIETY 2020: Coronavirus Swings Society to “Touch Free” Digital ID and Digital Currency by David Haggith for The Great Recession Many people are warming up to the idea of digital currency in a cashless society due to coronavirus because...
CASHLESS SOCIETY 2020: Bill Gates Goes Viral on Digital ID and Digital Currency by David Haggith for The Great Recession This may be my most important article to date. Bill Gates went viral in several controversial interviews last month, advocating...
Fiercest Economic Collapse in History is Best Month for Stock Market by David Haggith for The Great Recession It was the best of times, it was the worst of times. April closed as the best month for the US stock...
GDP Screams U.S. Recession Has Begun, but ‘Real GDP’ Is Far More Terrifying by David Haggith @EconomicRecess for CCN U.S. GDP crashed in the first quarter, but the numbers would have been worse if not for bogus BEA data revisions. The...