Recession

More Lies From The 'Experts': "Get Trump At All Costs"

As flyover America has been suffering economically for many years, these Americans were immune to the oligarchy’s anti-Trump propaganda. However, everyone else in the country was taken in by the propaganda - liberals, progressives, the remnant of the leftwing - and the lies continue...

The Power Struggle Unfolding Before Our Eyes

A remarkably diverse array of “explanations” of Donald Trump’s presidential election victory have been aired, representing both the conventional political spectrum and well beyond...

Will Trumponomics Save Us From A Bust?

Can Trump-economics prevent the asset price inflation now infecting the global economy - with its origins in the radical monetary experiment under the Obama Administration - from moving on to its late deadly phase?

Brazil's New President Temer Threatened With Impeachment After New Corruption Scandal Emerges

Brazil’s new president Michel Temer was dragged into yet another influence-trafficking scandal after his former minister of culture reportedly told police the president pressured him into authorizing a construction project benefiting another cabinet member; according to the local press, there is a recording of the conversation which according to Temer was largely innocuous.

GDP Hopes Slashed As Trade Deficit, Inventories Tumble In October

The resurrected hopes of lift-off velocity GDP growth in America suffered a double whammy this morning. A considerably bigger than expected trade deficit (-$62mm vs -$59mm exp) suggests Q4 GDP growth may take a hit and then wholesale inventories tumbled 0.4% MoM (the 2nd biggest plunge in over 3 years) notching more potential from economic growth hopes.

Will The Swamp Swallow Trump?

"Yes, the parallels [with Reagan] are certainly there... I’ve been in touch with the Trump team. I’ve even written a book about Trump.... But those guys are going to be surprised. They just have no idea what they’re up against....I’ve seen it happen. There are alligators in that swamp."

Helicopter Money Has Arrived... And Nobody Noticed: Here's Why

"US will likely implement serious fiscal stimulus but without Fed QE. Europe will have no meaningful fiscal stimulus but lots of QE. Japan is a hybrid as it will have monetary policy that easily allows for more expansionary domestic fiscal policy. However there is some evidence to suggest that we’ll effectively have cross border helicopter money."

Haven't We Done This Before?

The fact that stocks are at record highs as the “dollar” disrupts still another time is as regular as the seasons. Stocks are fueled by hope which takes time for the “dollar” to disprove through first its own systems and then full economy; as it has time and again.

"Obama Set Up The Next President For A Major Recession"... And A Giant Crash Is Coming

The past many months have carried a lot of noise about the coming crash, about a tipping point that may be fast approaching. The economics are simply giving way, and they can’t hold the illusion forever. Now that Donald Trump will be calling the shots, the money powers can usher in collapse if they wish, and have ready their scapegoat.

Venezuela's State-Owned Oil Company Misses Bond Coupon Payments Due To "Glitch", Bonds Tumble

Just a month after dodging a default bullet thanks to a last-minute bond swap, Venezuela's state-owned oil company PDVSA missed coupon payments due on its bonds, according to JPMorgan. However, PDVSA president Del Pino raged on Twitter that "the information about a PDVSA default spread by the enemies of the fatherland is totally false," but the bonds saw prices tumble despite his statement.