Is it too extreme to say an annualized GDP growth number of minus 1.4% this quarter puts us in recession in this quarter, and is it too extreme to call that a “crash?” No, it is not in the least extreme..
What we are seeing now is Nikolai Patrushev and the Kremlin confirming this simple equation of linking the Russian ruble to gold and commodities. In other words, the beginning of...
Currently, everyone’s income can service their debts. But what makes recessions and depressions so depressing, is how streams of income can be curtailed, or completely eliminated.Â
Let me begin by showing you this aerial demonstration of the Federal Reserve’s carefully orchestrated plan for bringing the US economy down for a soft landing...
Direct stimulus payments and other generous social programs lifted checkable deposits for households from $1.16 trillion at the end of 2019 to $4.06T in December 2021. That is a massive cash cushion consumers are sitting on...
Fed officials are vowing to get their benchmark rate up to a “neutral” level by the end of the year. Futures traders are currently anticipating a 2.75% Fed funds rate.Â
