Economic Overviews

The largest association of luxury escorts in Spain - some costing as much as £250-an-hour - are reported to be boycotting their usual banker-clientele by refusing their erotic services until they start lending to the lower Spanish classes and SMEs (I assume this reference is to ‘small and medium business enterprises’). Sunday is April Fool's Day so is this really happening or is it just an early spoof? Read on... Words: 497

The supposedly dead "Security and Prosperity Partnership of North America" proposal calling for the "integration" of Canada and Mexico with the U.S. into a North American monetary union complete with a new currency and a regional authority of governance seems to be alive and well and slowly evolving according to the original unofficial plan to bring it about. Below is more on these ominous plans which would adversely affect the sovereignty of each of the 3 countries involved. Words: 1685

It drives me crazy when I read stuff by “economists” that is just plain wrong. Some of them are allegedly “MBAs” and “PhDs” but I think that their common sense is actually “DOA”. Unfortunately, millions in the public arena see their interviews and blogs and they seem to automatically swallow their commentaries… hook, line and sinker. Let’s address some of the nonsense that these pundits are expressing. Words: 870

Instead of a secular change in interest rates, gold and energy prices [like we experienced in the 1970's, this time round] we could well see a sudden, catastrophic shift in these metrics as control is lost across a broad front. This is why it’s so important for investors to be properly positioned ahead of that catastrophic shift. [Let me explain.]

Higher inflation expectations and the outlook for growth are still closely linked. This may be a revelation in some circles (or ignored or even damned in others), but it's been reality for several years now. [Let me explain why such is the case.] Words: 388

The two-party political tyranny – Republican and Democratic – is too busy kneeling before the check-writers of imperious corporatists to stand up for the people whose votes they strive to secure. [Imagine,] as U.S. citizens struggle, Wall Street and Washington worry about Greece! Words: 550

Hundreds of articles are posted every week but their content is almost never challeged. Campbell does just that. He conveys his comments, concerns and criticisms in a concise conversation, concluding his critiques with either his concurrence or contrary point of view. He invariably ends each critique with a question or two for you to mull over until his next insightful and thought-provoking commentaries. Put your thinking cap on and give them a read. Words: 1722

Please don’t believe the hype that the American economy is healing. While it is true that some data is showing improvement, the true fundamentals of the economy continue to erode. Don’t believe the lie that the Fed’s money printing is laying fallow at the central bank and that inflation isn’t harming the American middle class and the economy. [Let me tell you the truth!]

While recent developments seem to suggest some positive news for the global economy, there are at least four downside risks that could materialize this year – undermining global growth and eventually negatively affecting investor confidence and market valuations of risky assets. [Let me spell them out.] Words: 933

Only in a debt-based money system could debt be curiously cast as an asset. We’ve made “extend and pretend” a quaint phrase for a burgeoning market for financial lying and profiteering aimed toward preventing the collapse of a debt- (or lack-) based system that was already doomed by its initial design to collapse. This primer will detail the major components and basic evolution of fake wealth creation, accelerating debt expansion, hollowing out of the economy, and inevitable financial implosion. Words:1583