Economic Overviews

Economically we are experiencing the birth pangs of the coming Great Depression and, as we get closer to the crisis that is looming on the horizon, they will become even more powerful. The warning signs are all there – we just have to be open to what they are telling us. This article identifies the many parallels between past economic downturns and what is happening right now.

Fasten your seat belts! Below is my forecast of what will unfold in the U.S. in 2015. Forecasts related to geopolitical particulars (covering Russia, China, Japan, USA, Europe & the Islamic State) and financial matters (covering banking & oil) are covered in subsequent posts.

Will 2015 be a year of financial crashes, economic chaos and the start of the next worldwide depression? Personally, I am entirely convinced that the financial markets are more primed for a financial collapse now than they have been at any other time since the last crisis happened nearly seven years ago and I am certainly not alone.

The Mayans R us. One year, they were cavorting bloodthirstily atop their garish painted pyramids and a generation later the jungle was stealing back over the temple steps and the population was a tenth of its former size. The same thing is going to happen to us, except there will be a hell of a lot more worthless, toxic debris left on the landscape. We enter 2015 with greater tensions than ever before and therefore the likelihood is that the inevitable breakdown will release more destructive energy and be that much harder to recover from.

10 of the top analysts from the mainstays of Wall Street made predictions to Barron’s in an annual December survey. Their expectations for 2015? The party will keep on going. Here are the details.

Most economists (primarily Keynesians and monetarists) believe that authorities can control the money supply and interest rates, and most neo-Austrians believe that the Fed is all-powerful when it comes to inflating - that whatever inflation rate it wants, it simply manufactures. Is that true or false? Read on for the answer.

If oil prices remain anywhere near the current levels for a prolonged period – something the Saudis are aiming for – Canada’s economy is in serious trouble. Here's why.

These days anything with a sustained gain is called a bubble that’s just about to burst so what’s an investor to do?

Martin Armstrong provides a remarkable explanation of what is going on right now with the U.S. dollar, bond yields and the current price of gold. It would be well worth your time to read and reflect on what he has to say.

War is as much a policy response to economic malaise as it is a political response to a threatening foreign power so don’t be surprised then if war rhetoric finds its way back into the headlines in 2015.