Unemployment

Guess 'Who' Just Figured Out The Fed Is Behind The Curve

"It’s like the Federal Reserve is Wayne Gretzky’s poorly coordinated older brother. Instead of skating to where the puck is going, the Fed can’t even skate to where the puck is, and is instead busy skating to where it has been."

Police Fire Tear Gas, Rubber Bullets To Break Up Anti-Immigrant Protests In South Africa

South African police used rubber bullets, tear gas and water cannon to disperse anti-immigrant protesters in the capital, Pretoria.  Armed police had formed a barrier between rival crowds of citizens and non-nationals marching in Pretoria, but both sides began shouting at one another and brandishing rocks and sticks, prompting police to disperse the angry mobs.

Ten Great Economic Myths

Our country is beset by a large number of economic myths that distort public thinking on important problems and lead us to accept unsound and dangerous government policies. Here are ten of the most dangerous of these myths and an analysis of what is wrong with them.

The Market Is Not The Economy, But Earnings Are (Closer)

"... share prices, in general, operating on the far end of the probability spectrum; where everything has to go just right in the near future, including whatever may come out of Trump “stimulus” and economic policies. EPS, however, suggests, as the calculations for GDP potential, that that would be a very low probability outcome, including a high risk of “something” going wrong all over again just like it was in 2014."

Welcome To Sweden, Eldorado For Migrants!

Why is it that people from these three Muslim countries choose to cross Europe to come to Sweden? What is it that Sweden offers that attracts people from the other side of the world?

Blind Faith Everywhere

Beware of academics bearing models. Knowing prices are wrong and knowing when they are going to correct are two very different things - being able to survive until and through the correction is vital.

Alan Greenspan: Ron Paul Was Right About The Gold Standard

"When I was Chair of the Federal Reserve I used to testify before US Congressman Ron Paul... we had some interesting discussions... We would never have reached this position of extreme indebtedness were we on the gold standard, because the gold standard is a way of ensuring that fiscal policy never gets out of line."

How Many Euro Crises Will This Make? It's Getting Hard To Keep Track

Every few years, it seems, one or another mismanaged eurozone country falls into one or another kind of crisis. This leads to speculation about the end of the common currency, which in turn spooks the global financial markets. Then the ECB conjures another trillion euros out of thin air and calm returns for a while. At least, that’s how it’s gone in the past. The latest crisis has more than the usual number of flash-points and could, therefore, be something new and different.

There's A Difference: Fake News Or Junk News

If you think it's "progressive" to support war-mongering, neoliberal exploitation and "support our values" social-justice distractions -- sorry, you're a junkie addicted to toxic smack. You're doomed if you can't get the corporate mainstream media monkey off your back.