A hub for independent voices and hard truths
by Jesse Colombo Back in December, while much of the country was riding a wave of optimism over Donald Trump’s presidential victory, I warned that we were hurtling toward a recession—and saying that it may have already begun. I also noted that the increasing likelihood of a recession would drive up gold prices—and …
by Mike Maharrey Every month, we report on the massive budget deficits. Most people yawn and move along. The reality is they don’t view overspending and debt as a big problem. After all, the debt has been growing for decades and nothing bad has happened. But the problem with kicking the …
Homebuilders Have the Most Inventory Since May 2008, Big Discounts Coming Speculative building, measured by started but unsold housing inventory, is at the highest level since May of 2008. https://t.co/VgkiA2sWJq — Mike "Mish" Shedlock (@MishGEA) May 25, 2024 The echoes of 2008 are deafening as the housing market teeters on …