Category: Economy

Stalling Markets

Stalling Markets by Alasdair Macleod for Gold Money The combination of American trade protectionism and the end of a failing credit expansion is leading into a global economic downturn, and potentially a systemic crisis. Meanwhile, investors still believe more extreme...

The Myth of Compounding Interest

The Myth of Compounding Interest by James Altucher for Daily Reckoning Editor’s note: It’s one of the oldest rules of saving and investing: the wonders of compound interest. But can you rely upon it to build wealth? Today eccentric former...

The Lie Factory—CNN—Is Collapsing

The Lie Factory—CNN—Is Collapsing.  Thank God. Paul Craig Roberts CNN abandoned journalism and became a propaganda ministry for the Democratic National Committee and the corrupt upper echelons of the CIA and FBI.  After three years of telling the most outrageous...

The World is Dedollarizing

The World is Dedollarizing Author: Peter Koenig for Journal NEO What if tomorrow nobody but the Unites States would use the US-dollar? Every country, or society would use their own currency for internal and international trade, their own economy-based, non-fiat currency....

“Transportation Recession” Gets Uglier

“Transportation Recession” Gets Uglier by Wolf Richter for Wolf Street After the boom comes the bust. Freight shipments in the US across all modes of transportation – truck, rail, air, and barge – fell 5.3% in June compared to June...