Economy

Unlike a number of countries in Europe the U.S. is currently not dealing with general price declines but, that being said, the risks of such an occurrence have increased materially. This article outlines a number of such deflationary risks and how they might impact the U.S. economy.

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.

Hardly anyone thought the Fed would fulfill their plan to stop monetizing the country's debt - and absolutely no one thinks they’ll succeed if they do - but the Fed is acting like it’s serious. The Fed has stopped adding and started subtracting - the money supply is falling - but will this cause the stock market to begin to tank like it did on the last two attempts causing the Fed to relent?

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.

Q: Is it correct to assume throughout that an expanding trade deficit impacts the economy negatively? A: No, the relationship, if there is one, is that there has been a positive -- not negative -- correlation between the stock market and the trade deficit. Let me explain.

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.

Should we be concerned when tepid economic growth and low inflation are accompanied by increasing public and private debt? Are we borrowing just to stay alive? [As I see it,] national governments will increase national debt loads in order to stay in power until one or more of them default. Then their will be financial panic which will most certainly be deflationary. Here's why.

There exists in the Congress, in the Obama administration, in the media and on Wall Street, a national belief that America can print paper money and grow its economy as its route map out of debt. With annual GDP growth expectations of 2% to 3% over the next several years, this is a completely false hope!