Tag Archives: bubble
Death of the Consumer and Other Miracles
Something peculiar is going on. One data point says the economy’s improving. Another says it’s floundering. Nonetheless, we strive to connect the dots and draw inferences as we go. For example, according to data released Tuesday, manufacturing and construction spending … Continue reading
Exercises in Futility
Something rather inconvenient is going on. Quite frankly, we don’t like it one bit. Despite all the assurances of robust economic recovery, the opposite appears to be happening. The economy isn’t climbing up. It’s slipping back. In fact, last week … Continue reading
The High Point of China’s Economic Boom
Sometime in the early 1980s, goes the popular lore, Chinese leader Deng Xiaoping looked out across the vast people’s communes and pronounced, “To get rich is glorious.” Suddenly, without hesitation, the people put down their rakes, walked off the farm … Continue reading
Market Moves Ahead Should be Good for Gold, Bad for the US Dollar
Market Moves Ahead Should be Good for Gold, Bad for the US Dollar By John Williams, Shadowstats Nothing is normal: not the economy, not the financial system, not the financial markets and not the political system. The financial system still … Continue reading
