Economy

This infographic shows the difference in Monthly Personal Disposable Income around the world using data from 2014. In this context personal disposable income refers to the income per person after all taxes have been paid.

If you believe that ignorance is bliss, you might not want to read this article. [Why? Because] I am going to dispel the notion that there has been any sort of “economic recovery”, and I am going to show that we are much worse off than we were just prior to the last economic crisis. [Ready to become informed? Then, read on!]

When markets expect that U.S. interest rates will be hiked, it typically strengthens the dollar because people rush to change other currencies into dollars where they can make more money and this higher demand for the USD drives its value up.

With interest rates being pushed lower year after year, interest expense as a % of disposable income has been declining in Canada and, for the moment, these low interest rates keep the whole thing glued together but, were interest rates to ever rise, Canada's economy would blow up. Here's why.

It’s safe to say that the EU, the U.S., and quite a few other jurisdictions are nearing currency crashes, and in all likelihood, the euro will go before the dollar. When the euro and U.S. dollar fall, however, there is a very sound alternative - and it is NOT gold!

It does not makes sense to expect any major shake-up that would affect the pricing of gold and silver in a major way until at least January 2016 at which time the IMF is scheduled to meet to discuss the possible inclusion of the Chinese RMB in the basket of fiat currencies that make up the constituents of the U.S. Dollar Index. Let me explain why that is the case.

Most Americans are living paycheck to paycheck so all this access to subprime debt is going to do is allow them to consume future income and guarantee that any ability for future financial security disappears.

It is my contention that the official “unemployment rate” has become so politicized and so manipulated that it is essentially meaningless at this point. The following are 10 reasons why.

In spite of the indications presented here I'm willing to bet that both growth and inflation will prove to be even higher than expected in the years to come. Here's why.

The term ‘safe' fiat currency is as intellectually disingenuous as terms like ‘fair' tax or government 'innovation’ but, as we’ve been exploring recently why modern central banking is completely dysfunctional, it does beg the question– is any currency ‘safe’? Let’s look at the numbers for some data-driven analysis.