Economy

The Pebble Mine Project is a world-class copper, molybdenum and gold deposit in Alaska with the potential to employ over 16,000 in high-paying jobs across a wide range of industries for 30+ years boosting the state ecomomy and generating significant tax revenues in the process.

Despite the Fed’s recent communications that they are planning to “taper” the current monetary program by the end of this year – the index is suggesting that their interventions, in one form or another, are unlikely to end anytime soon. The threat of “deflation” remains the Fed’s primary concern.

The CBC’s Terence McKenna takes viewers behind the headlines and into the backrooms at the highest levels of world governments and banking institutions in a 4-part investigation that reveals the astonishing level of backstabbing and tension behind the scenes as the world came dangerously close to another Great Depression.

A small group of entities — 147 financial institutions and central banks — exert a massive amount of influence over the international economy from behind the scenes. This “economic ‘super-entity’”controls the institutions of government and at the very center of this network is the Federal Reserve.

I wrote several years ago that Japan is a bug in search of a windshield and in January I wrote that 2013 is the Year of the Windshield. Japan is a country that is on the brink of fiscal and economic disaster

Are we headed for rampant inflation or crippling deflation? I believe that we will see both. The next major financial panic will cause a substantial deflationary wave first, and after that we will see unprecedented inflation as the central bankers and our politicians respond to the financial crisis. [Let me explain why I think that will unfold.] Words: 1025 Charts: 3

U.S. Federal Reserve Chair Bernanke addressed the Joint Economic Committee of the U.S. Congress on The Economic Outlook [saying in a nutshell] "We clearly understand the game we are playing, but we are boxed in and have to stay with our current strategy. We hope for the best because we are out of options

When Congress and the Obama administration let a 2% payroll tax cut expire on January 1 as part of the fiscal cliff deal, economists predicted a consumer retreat, [but such has not been the case - at all. It seems that] soaring housing and stock market prices are likely putting Americans in the mood for spending - but where’s the money coming from?

The US Dollar is HOT so what gives? It rallied in 2012 and has gone nuclear in 2013. According to Morgan Stanley it's because of....

More economic fallacies than I have ever seen in my investing career are being passed off (and accepted) as profound, and more misbehavior is being tolerated - if not encouraged. Though I don't believe an apocalypse is imminent, below are a few extenuating factors that could lead to one if they [were all to] continue along the same ominous trajectory.