You Will Never Guess What Happened to the “Strong US Consumer” After Today’s Huge GDP Revisions
(Zero Hedge)—It has become a running joke: the "strong" Bidenomics economy comes with an expiration date, as it is only ...
Friday, September 29, 2023
Tag: Money
10 Numbers Which Prove That the U.S. Economy Has Hit a Major Pivot Point
(The Economic Collapse Blog)—During the summer, many of the experts repeatedly assured us that the U.S. economy would be able ...
Life in America Has NEVER Been More Unaffordable Than It Is Right Now
(The Economic Collapse Blog)—Our standard of living is being systematically destroyed, but for a lot of years many Americans didn’t ...
The Fed Holds the Fed Funds Rate Steady—Because It Doesn’t Know What Else to Do
(Mises)—The Federal Reserve’s Federal Open Market Committee (FOMC) on Wednesday left the target policy interest rate (the federal funds rate) ...
“A New Era of Gold”: Estimated World Official Gold Holdings Reach Record High
(Gainesville Coins via Zero Hedge)—My estimation of global official gold reserves hit 38,764 tonnes in Q2 2023, breaking its previous ...
Bank CEOs Have Their Heads in the Clouds
(Mises)—Bank CEOs always have their heads in the clouds. First, pessimists never earn a seat in the corner office. Plus, ...
The Ticking Time Bomb Gets Closer to Zero as the National Debt Quietly Blows Past $33 Trillion
(Schiff)—Do you hear that? It’s a ticking time bomb. Last Friday, the national debt quietly blew above $33 trillion. As ...
A Ticking Time Bomb: A Huge National Debt Plus Rising Interest Rates
(Mises)—Those who have been predicting a recession in the United States and an associated stock market crash seem to be ...
When People Can’t Take Care of Themselves They Start to Go Nuts
(The Economic Collapse Blog)—The rapidly growing chasm that exists between the ultra-wealthy and all the rest of us is not ...
“This Week Will Be Bumpy”: S&P Futures Slide, Europe and Asia Slump With Brent At $95 Ahead Of Central Bank Barrage
(Zero Hedge)—US equity futures were flat for much of the session before taking leg lower into the red with Treasury ...
