Great Depression

Mapping The Foreign Trade Debate - Where Do 'You' Belong?

"Concerned that we might be headed for a repeat of the Great Depression era’s race-to-the-bottom tariff wars? Or, maybe you’re relieved that diplomats are no longer being diplomatic? We suggest stepping back to review your armchair-policymaker options - answer these two questions..."

Drugs & Demographics - National Tragedy, But Where From?

"There are always grave social and political consequences to prolonged stagnation or depression. It goes way beyond mere statistics of output and labor utilization. The US came out of the Great Depression in many ways nothing like how it went into it...The answer to such despair that might engender so much drug-abused escapism is the satisfying hope that only economic opportunity can afford."

The Secret History Of The Banking Crisis

"Accounts of the financial crisis leave out the story of the secretive deals between banks that kept the show on the road. How long can the system be propped up for?"

22 Troublesome Facts

Below are 22 troublesome facts explaining why the herd may, in fact, have it wrong.

Central Bankers 'Are' The Crisis

"If there’s one myth - and there are many - that we should invalidate in the cross-over world of politics and economics, it‘s that central banks have saved us from a financial crisis. It’s a carefully construed myth, but it’s as false as can be. Our central banks have caused our financial crises, not saved us from them."

Caterpillar Retail Sales Post Longest Winning Streak In 51 Months

CAT's global sales have posted the longest positive streak in 51 months, and appear to have put the 4+ year depression in the read view mirror - even if Asian retail sales appear to be slowing once again - and are levitating higher, although just like during the 2011/2012 downturn, it all depends on how "hard" China's economic slowdown will be over the coming year.