Economic Overviews

This year's Economic Freedom of the World Index, which lists countries by most to least free using every available objective criterion, contains a real shocker when it comes to the United States. We aren't just slipping on the index, we're falling off a cliff. In many parts of the world, life is freer than in the "land of the free." What this reports says about the United States should be front-page news. Instead, it has received barely any attention at all. The U.S. has fallen from a high of 2nd to its current 19th. Here's why. Words: 1040

When you head out to the voting booth this November, know this…regardless of who you vote for you will see no change in the way the country is being managed. Here's why.

When you head out to the voting booth this November, know this…regardless of who you vote for you will see no change in the way the country is being managed. Here's why.

If you see yourself as someone who 'thinks for yourself' and have wealth to protect I strongly recommend you spend time listening to George Soros. I particularly recommend this given that he delivered this address in June, and because I believe we are now getting to the point where we can see the lights of the train as it comes ever closer to where we are standing on the Eurozone (and world) economic track. Words: 655

"The end of the world as we know it" is what David Korowicz predicts is coming sometime this decade - an "ultimate" crash that will be irreversible - TEOTWAWKI! Words: 1395

Pundits and prognosticators like to throw around a lot of numbers when trying to predict where the economy is headed. The most popular economic indicators, however, aren't nevessarily the best. Russ Koesterich explains why the figures you hear most often are over-rated and identifies which indicators should be used instead.

The gold standard is a solution in search of a problem. Actually, it's worse than that. It's a problem in search of a problem. Prices would have to fall a great deal if we adopted the gold standard today. In other words, it would turn the imagined problem of price stability into a real problem of price stability. And, of course, this ensuing deflation would send the economy into a death spiral due to still high levels of household debt. [Let me explain further.] Words: 910

Something really strange appears to be happening. All over the globe, governments and big banks are acting as if they are anticipating an imminent financial collapse. Here's some of what is being said and is apparently happening. Words: 1200

When you head out to the voting booth this November, know this… whether you pick Obama or Romney, you’re essentially voting for the same person. If you watch this video all the way to the end (it gets better as it progresses) you will understand why this is so, why that come election time you'll only have one choice - Obamney of the Republicrats party. The arguments, the debates, the smear campaigns and the emphasized differences between the two candidates are there to give you an illusion of choice.

Much has been written about the merits of the Gold Standard but there seems to be a lack of knowledge about the history of the various exchange-rate regimes over the years and why each was introduced and replaced. The infographic below does an outstanding job of doing just that.