Economy

The argument that the past 10 years of low interest rates has just been an anomaly which will normalize to higher levels in the next couple of years is not going to unfold. Interest rates will be perpetually low for the rest of our lives! Here's why.

There is a consensus in the investment markets today believing that student debt is a major credit problem rivaling other credit problems that were disastrous over the last 30 years... This article seeks to explain the lies, damned lies and the statistics surrounding the student debt myth in the United States.

Millennials seem so angry these days and, no wonder! We lied to them! Here's how.

Now that the Fed has stopped its quantitative easing who does the Fed expect (hope) will buy US Treasury debt?

This article answers the question as to how far the employment situation in the U.S. is from "normalizing" by analyzing 6 metrics to help answer the question. The conclusion is surprising. Read on.

Mark this day on your calendars. The Dow is at 16974, the S&P 500 is at 1982 and the NASDAQ is at 4549. From this day forward, we will be looking to see how the stock market performs without the monetary heroin that the Federal Reserve has been providing to it.

The Fed's buying of U.S. Treasuries by creating currency (paper money) out of thin air is inflationary (either now or long term) and those that do not accept this premise are, with all due respect, daft, and is sure to result in a momentous growth in the value of hard assets such as gold and silver. Here's why.

It’s widely expected that at the end of this month, the Federal Reserve will end its third round of quantitative easing (that began in September of 2012)...[but] is there another round of QE coming? Here’s why I ask:

Over the last 14 years, house prices in Canada have increased by 150%, twice as fast as in the U.S...[and] far outpacing household incomes. Any increase in interest rates would prick the bubble, and its implosion would trigger all sorts of mayhem to the point that the Canadian government has expressed concerned that such an event would be a significant risk to the "stability of the financial system".

Interest rates will not rise again in our lifetime. Why, you ask? Because the leverage in the system would collapse the very financial assets and governments which underpin the global financial systems. It is INFLATE or DIE and it provides the additional benefit of feeding insolvent welfare states and the socialist politicians to feed their "useful idiot" supporters. Today’s missive will put some meaning into that observation.