Tag Archives: bubble
Is an Economic Deluge Nigh?
Is an Economic Deluge Nigh? By David Galland, Casey Research If history has taught one certain lesson, it is that the less fettered an economy, the better humankind is able to do what it does best: run from trouble and … Continue reading
Mass Delusions of Cupcakes and Credit
According to the Commerce Department, the U.S. economy grew at an annual rate of 2.2 percent during the first quarter of the year. Like the economy, something doesn’t feel quite right about this number. But what is it, really, that … Continue reading
Everything that’s Wrong with Everything
Is the economy improving or stagnating? Are businesses hiring or firing? Is the stock market a buy or a sell? Will monetary inflation prevail over debt deflation? Quite honestly, we don’t know the answers to these questions. Nonetheless, we have … Continue reading
False Booms
Consumers are borrowing money again…and they’re borrowing a lot of it. Last week the Federal Reserve reported that consumer credit increased $19.3 billion in December. This increase dwarfed the $7 billion median forecast of a Bloomberg News survey of economists. … Continue reading
