A hub for independent voices and signals
via Mike Shedlock The Wall Street Journal asked 69 economists what they thought about the economy. Let’s check out the results. By nearly 20 percentage points, a WSJ Survey of Economists said Biden would be better for the economy. Unfortunately, the Journal …
A shocking article emerges in which a former UK prime minister claims that the deep state deliberately undermined the country’s economy to sabotage her leadership. Furthermore, she warns that similar tactics may be employed against former US President Trump. The …
Simply put, China’s economic recovery has been unbalanced. As Bloomberg reports, manufacturing is holding up, thanks to resilient overseas demand and Beijing’s efforts to cushion the blow from US trade restrictions by developing advanced technologies at home. But Chinese consumers …
A panel of undecided voters featured on MSNBC’s “Morning Joe” unanimously raised their hands when asked if former President Donald Trump’s economic policies would be better for their families. Around one in five homeowners and renters said they are skipping …
By Martin Armstrong One thing that analysts fail to explain is that Americans have begun working multiple jobs since the COVID pandemic that wrecked the global economy. Nonfarm payrolls increased 303,000 in March, but there are millions of Americans holding …
by B3stAuD1t0rofA11tiME JPOW often plays the dummy card when he has to explain the economy particularly around the jobs and CPI reports. Just like on WSB, there are some topics we just can’t touch even though it’s pretty obvious why …
via The Telegraph The Treasury said NHS pension liabilities alone had climbed above £1 trillion, while the cost of future pension promises to millions of public sector workers including doctors, civil servants and teachers ballooned by £333bn to reach £2.64 trillion in …
In the realm of economic indicators, recent trends in the US retail sector are sending warning signals. Real retail sales have declined by 1.6% year over year, a concerning downturn that historically precedes a recession. Moreover, the stagnation in retail …
by Michael How much longer will the Biden administration and the mainstream media continue to deny that we are in the midst of a very painful economic downturn? Debt levels have never been higher, delinquency rates are spiking, the commercial …
via Mike Shedlock As a way to create jobs, EC President Charles Michel promotes a war economy. Where that would lead is obvious. I have a suggestion. Michel’s Rosy War Economy Eurointelligence discusses Michel’s Rosy War Economy What Michel wants concretely …
New Zealand has dipped back into a recession after its economy shrank for the second quarter in a row, figures released by government agency Stats NZ showed on Thursday. The country’s gross domestic product dipped in the last two quarters …
In a move that has sent shockwaves through the financial world, Tim Buckley, the CEO of investment giant Vanguard, has suddenly quit his job. This bombshell announcement has raised a lot of eyebrows and has people speculating about the real …
This article was written by Brandon Smith and originally published at Birch Gold Group One of my favorite false narratives floating around corporate media platforms has been the argument that the American people “just don’t seem to understand how good the …
“During the next few years, China’s economy will slow because of structural barriers and Beijing’s unwillingness to take aggressive stimulus measures to boost economic growth,” read the Office of the Director of National Intelligence’s (ODNI) annual worldwide threat report released …
via naturalnews: President Joe Biden’s administration is firm in declaring that the year 2024 is the time for Americans to start breathing easy again when it comes to inflation that haunted households for a few years. After more than 20 …
AP: Russia's economy is growing despite Western pressure After more than two years of the special operation in Ukraine, little has changed economically for most Russians. And this despite large-scale sanctions that have seriously limited Moscow’s trade with Europe, the …
Here’s how many Americans are having sex to save on heating bills amid surging utility costs. “Though electricity costs dropped more than 20% in 2023, according to the US Bureau of Labor Statistics’ Consumer Price Index, they’re still up 29% from …
BRUSSELS (Reuters) – The European Commission will propose on Tuesday ways for the European Union to boost its arms industry so it can shift to “war economy mode” in response to Russia’s invasion of Ukraine. Thierry Breton, the European industry …
by Chris Black I’m no joke thinking of moving to Venezuela. Everything I’m hearing is that it has turned into an absolute paradise after every single criminal, gang member, poor person, and low… Continue reading by subscribing. Username Password Remember …
by Michael Would you eat Cheerios for dinner? What about Lucky Charms? Many years ago when I was a college student, I would often eat cereal instead of a normal meal in the evening. Needless to say, that wasn’t good …
Accenture to cut 19,000 jobs in a major escalation of downsizing by consulting firms Accenture Plc said it will cut 19,000 jobs — or about 2.5% of its workforce — over the next 18 months, one of the largest rounds …
China’s financial sector needs to focus on supporting the real economy and must refrain from “fake financial innovation”, state media has proclaimed amid a tightening of regulations as Beijing seeks to flex its financial might. In what is widely believed …
via notayesmanseconomics Some mornings the economic news sets something of its own agenda and today has been an example of that since this was released earlier. HCOB Flash Germany Manufacturing PMI Output Index(4) at 42.1 (Jan: 45.7). 4-month low. That …
With inflation nearing 30% and its currency hitting an all-time low, Nigeria is facing one of its worst economic crises in years. The latest data from the National Bureau of Statistics on Thursday showed that the headline consumer price index …
(Bloomberg) — China must fix its economy and let Hong Kong run itself if it wants a better future for the financial hub, former Morgan Stanley Asia Ltd. chair Stephen Roach said, after a pessimistic column he wrote sparked an …
by confoundedinterest17 According to mythology, Hades made King Sisyphus roll a huge boulder endlessly up a steep hill in Tartarus. Unfortunately, the modern day version of Sisyphus is the middle class pushing a boulder endlessly up a steep hill while the top …
