economics


Lost In Today's Job Revision Chaos: Over 1 Million Foreign-Born Workers Found A Job... And No Native Borns

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Biden's parting gift to the Trump administration.


'Worse Than World War II' - Visualizing US National Debt (As A Percent Of GDP) Since 1900

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This year, U.S. national debt is set to approach 100% of GDP, up from 36% in 2005...

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Consumer Credit Unexpectedly Surges By Most On Record Despite All-Time High APRs

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One month after a near-record drop in consumer credit we just saw the biggest increase in consumer credit on record, coming at a time when credit card APRs are the highest on record.


Tomorrow's Jobs Report Will Finally Capture The Surge In Illegal Aliens, Lead To Another Big Negative Payrolls Revision

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Slowly but surely, the full extent of Biden's economic malfeasance and fabrications is emerging.


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Too Many Politico Subscriptions? There's An App For That

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Federal government has spent $44M on POLITICO subscriptions since 2017.


US Services Sector Surveys Plunged In January As Prices Rose & Orders Fell

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...but both input costs and output prices rose at faster rates.


US Trade Deficit Soars As Firms Front-Ran Trump Tariffs In December

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...not a good sign for Q4 GDP...


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Why The US Grows While The EU Slows: Adam Smith's Recipe

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What explains the curious lack of economic progress in the EU over the past 16 years?


Banks Report Tighter Standards, Growing Loan Demand As Conditions Ease Some More

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In short, flat to rising loan demand, tighter supply.


Canada's Auto Industry Faces Shutdown Threat Amid Tariff Shock

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"The auto sector is going to shut down within a week." 


Trump Effect: US Manufacturing Surveys Signal 'Expansion' For First Time In 16 Months

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"A new year and a new President has brought new optimism in the US manufacturing sector..."


Will The Fed Use The Excuse Of Tariffs For The Inflation They Create?

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The most important objective of Keynesians is to make you think that the consequences of inflation are the causes...


Rickards: A US Recession Is Coming

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...a summary of three economic threats to investors that may emerge over 2025 before we get to higher ground expected in 2026 and beyond...


Replace The Income Tax With Tariffs?

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There was a time, before 1913, when you could keep every penny you earned.


Trump's 25% Tariff Shock: Here's What Goldman & Deutsche Bank Think Will Happen

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Three ways this could play out...


US Pending Home Sales Plunged In December

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"...elevated mortgage rates have appreciably cut affordability..."


Q4 GDP Growth Comes In Unexpectedly Light Despite Red Hot Personal Spending Beating Estimates By A Record

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The US economy is all about consumer credit


Biden Leaves Office With All-Time-Record US Trade Deficit In December

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US manufacturers remain challenged by weak overseas economies and a strong dollar that risk keeping the trade gap wide this year.


Zombie Foundations Threaten The Nation And All Of Creation

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...the bloated nonprofit sector exploits American wealth and freedoms to erode liberty and prosperity


Economic Black Hole: Here Are 25 Signs That The US Economy Is Dying After 4 Years Of 'Bidenomics'

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The damage caused by 4 years of “Bidenomics” has been so immense that it is difficult to put it into words...