Economy

On the surface, policy settings around the world look very inflationary with large fiscal deficits and aggressively easy monetary policies yet it is hard to see inflation gaining any traction [with] global activity so weak and the monetary transmission process so impaired in many countries. There is more of a deflationary than inflationary tone to the economic environment and it does not look as if this will change any time soon.

[In a recent] conversation about international banking and the state of the global financial system [with] a senior executive of a large international bank - the ultimate insider - I was floored by what he told me. [Here's what he had to say and, in his opinion,] what basic steps, taken now, will enable you to be one of the few people left standing should the house of cards collapse. Words: 465

Don’t get too worked up over interest on the national debt or what will happen when interest rates rise because, by then, we’ll likely be talking about ways to cool down the economy. [Why?] Because interest rates on US government debt are really a function of economic growth. If the economy is weak the Fed will pin short rates to stimulate the economy and if rates rise it’s going to be a function of better days ahead. Words: 525

There are literally thousands of economic blogs out there and most don’t have much to offer. One exception is a blog by “Katchum” that is dedicated to monitoring breaking global economic news on a day to day basis and, as such, provides unique insights into, and analysis of, various aspects of the financial markets, commodities and the economies of the world. Take a look in this post at some of his recent analyses.

Busy? No problem. Don't bother taking the time to surf the internet in search of videos on the dire state of the U.S. economy. This post contains descriptions and links to 57 of the best.

The U.S. Dollar is being very aggressively devalued in a parabolic...[manner] as we enter the final stage in the paper currency cycle. The government needs Gold to go vastly higher so the budget can be balanced after all of the paper promise debts are added to the balance sheet. Interestingly, Michael Belkin, arguably one of the best analysts in the world, expects earnings for companies to plunge this year causing the DJIA to crater about 30%. This fits with the kind of correction in the now high flying DJIA that we have discussed per the late 70’s charts where Gold and the Dow would meet between 10,000 and 12.000. Words: 1022

We believe that we are in the “competitive devaluation” stage presently [see graph below] as country after country is printing money in order to lower rates and doing whatever possible to devalue their currency - to have the fastest currency in the...race to the bottom - in order to export their goods and services. [The next stage will be protectionism and tariffs. This article gives an update on the race to debase.]

The mainstream media wants us to believe that government spending is good for employment [but my analysis shows exactly the opposite. As outlined below, it clearly demonstrates that]....countries with higher government involvement have higher government spending, higher personal income taxes, higher unemployment and a weaker economy as a consequence. [Below are the facts to back up those claims.] Words: 525; Charts: 4

The U.S. Dollar has lost over a third of its value inside a 10-year falling channel as it continues to create a series of lower highs while holding on to a small rising support line. The question now is whether the U.S. Dollar Index will gain enough strength to break out to the upside or continue to trend lower and lower over the ensuing weeks and months.

Most Americans simply don't understand that Russia and China have the power to collapse the U.S. economy by going to a gold for oil system. All they have to do is pull the trigger. Let me explain. Words: 1515