Independent thinking for complex markets and current events
Nearly 1 in 10 Americans can’t afford minimum credit card payments. With household debt surging past $18 trillion, the foundation of our economy – consumer spending – looks increasingly shaky. Here’s what happens when borrowing breaks down… By Peter Reagan In our modern day and age of economics, the health of the economy is usually …
Gold is rising faster against the USD and other world currencies as their purchasing power is eroded by desperate policies aimed at inflating away debt through currency debasement. Please refer to the graph below. byu/Boo_Randy_II inWallstreetsilver Gold is leaving the vault! COMEX inventories are falling. Demand for physical gold is exploding. BUY GOLD, WEAR DIAMONDS. …
Anybody surprised that „GDP growth“ based on debt fueled construction of ghost cities, idle airports and vacant skyscrapers doesn’t translate into corporate profits? — Michael A. Arouet (@MichaelAArouet) January 1, 2024 The End Phase of High Levels of Chinese Growth. In the 1980s until about 2000, China led the world in Total Factor Productivity (TFP) …