Economics | Zero Hedge

How Total Spend by U.S. Advertisers Has Changed, Over 20 Years

Much of the top 10 biggest advertising spenders are in the telecommunications industry, but it is retail giant Amazon that tops the list with an advertising spend of almost $7 billion.

"A Sense Of Euphoria": China's Auto Sales Have Officially Completed Their V-Shaped Recovery

Salespeople at a local Toyota dealer were seen "chatting merrily". Their dealership has "run out of inventory".

Elliott Management Latest Hedge Fund To Follow 'Uncle Carl' Icahn To Florida

Come for the sunshine, stay for the taxes.

The New Tyranny Few Even Recognize

Clearly, the Fed reckons the public is foolish enough to believe the Fed's money will actually be "free"...

What Is The Purpose Of The Fed?

With all the history, lore and media spotlight the Federal Reserve receives, how many people stopped to ask: What is the Fed’s purpose?

Why Do We Put So Much Faith In Central Bankers?

"...all they can do is play God and try to uphold the illusion of competence...”

California Is Blaming Its Crippled Economy On Climate Change

We're sure it has nothing to do with years of big government and a fundamental misunderstanding of economics, though.

Has Our Luck Finally Run Out?

...a proliferation of parasitic elites, a weakening of state finances and a decline in the purchasing power of wages/labor... All three are playing out globally in the present.

Science For Madmen & 'The Great Reset'

“The pandemic represents a rare but narrow window of opportunity to reflect, reimagine, and reset our world...”

Why Is Ernst And Young The Auditor At So Many Companies That Have Recently Imploded

Wirecard, NMC Health, WeWork, Luckin Coffee - why is E&Y the one tie that binds them all?

The "Titanic" Analogy You Haven't Heard: Passively Accepting Oblivion

Whether we realize it or not, we're responding with passive acceptance of oblivion...

After A Brief Uptick, Commercial Construction Backlog Falls Again

The AIA data indicates that business conditions are the softest at firms in the Northeast. Billings continued to decline at firms in the rest of the country as well...

US Industrial Production Unexpectedly Tumbled In September

This leaves US Industrial Production unchanged since May 2006...

Italy's 'La Dolce Vita' Versus Europe's Rising Tide Of National Self-Interest

How wrong we all were about Italy. Europe’s least competitive economy with the highest debt load (155% of GDP) commands premium pricing... and all be because the ECB has enabled it...

2 Artists Dominating American Music Charts Both Died Before Their Albums Dropped

The mounting violence in the rap game ties in to the worsening urban gun violence across the US...

Bankrupt Restaurant Chains Hand Their Keys To The Lenders

Last week, California Pizza Kitchen canceled its auction after no worthy bidders came forward to buy the casual-dining chain. The result: The company will likely end up in the hands of its lenders.