What is going to happen when the greatest economic bubble in the history of the world pops? The mainstream media never talks about that. They are much too busy covering the latest dogfights in Washington and what Justin Bieber has been up to. And most Americans seem to think that if the Dow keeps setting new all-time highs that everything must be okay. Sadly, that is not the case at all. Right now, the U.S. economy is exhibiting all of the classic symptoms of a bubble economy. You can see this when you step back and take a
Japan has fueled much of this latest rally in stocks, driving the marketing first with promises of money printing by the Prime Minister in November 2012, and then a massive $1.2 trillion QE program announced by the Bank of Japan last month.
Over the past month there has been a statistically improbable concurrence of events that can only be explained as a conspiracy to protect the dollar from the Federal Reserve’s policy of Quantitative Easing (QE).
The study predicted increasing wealth inequality for each of five successive age groups as they approach retirement.
The Internal Revenue Service asked tea party groups to see donor rolls. It asked for printouts of Facebook posts. And it asked what books people were reading.
In Chapter 12 of David Stockman's new book The Great Deformation, the outspoken truth-sayer discusses the realities of the end of the gold standard - from the the Bank of England's 'default' in 1931 to Nixon and Bretton Woods, constantly deferring the day of reckoning...
Today one of the most well connected hedge fund managers in the world told King World News that a criminal syndicate of banks is raping the gold market with the cooperation of the US Federal Reserve.
Young people around the world have been made to bear the brunt of the capitalist crisis. In the five years since the 2008 crash, youth unemployment has reached Depression-era levels, young workers’ wages have plummeted, and education opportunities have collapsed.
Word on the “street” is that there are trillions of unused, unwanted US dollars coming back to flood our markets in the next few weeks!!! Do with it what you will! Funny… I didn’t see CNBC carry this story yet… I wonder why not…
Great Protest Video: Laughing at the World's Richest Man: He price gouges and then gives away a small percentage in philanthropy to be a fake hero. Activists give him the public mocking he deserves.
In the midst of the worst economic crisis since the Great Depression, the Dow has gained over 8,500 points, surging nearly 130 percent since it bottomed out in March of 2009.
More than 11,000 American babies die on the day of birth, a number 50 percent higher than all other industrialized countries combined.
The US government plays a major role in wage disparity in the country by contracting out federal jobs to private contractors that pay their handsomely for hiring workers at low wages and few benefits, Press TV reports from Washington.
Today James Turk told King World News that despite the current weakness in prices, there are extraordinary delays for both physical gold and silver in Europe... the central planners on the verge of being forced to release the price of the metals higher.
The Dow Jones is soaring. The unemployment rate is stable. People are shopping. America is in recovery. Or is it? Despite all of the positive spin being put on the global and domestic economic recovery, the truth is that nothing of the sort is actually happening.
Financial Empire may have reduced us all to debt prisoners, but we can still become the social protagonists of history’s greatest-ever prison break.
Last week at its regular policy-setting meeting, the Federal Reserve announced it would double down on the policies that have failed to produce anything but a stagnant economy. It was a disappointing, but not surprising, move.
Bill to overturn 1992 court decision has support of Obama, Amazon and Walmart – but its future in the House is uncertain. A 1992 supreme court ruling that said a state could not force a retailer to collect sales tax unless the retailer had a physical presence in the state. Photo: Scott Sady/AP
Diabetes Drugs Cost $35 Billion/Year: Why are we Using Tax Dollars to Buy 400,000 Tons of Sugar? The blatant ways in which the government mindlessly spends our tax money when our health is in decline and the economy sputters along on the petro-dollar are often astounding.
The ISM said in a report released on Thursday that its index of national factory activity dropped to 50.7 in April, down from 51.3 in March. Experts characterized the drop in manufacturing growth to dissatisfaction with the fiscal cliff negotiations, employment market and expectations of inflation.
Here's a really weird "alternative history" thought experiment on this day set aside to celebrate workers around the world. Try to imagine a President of the United States standing up before Congress and saying something like this:
The mainstream media is not telling you this, but the truth is that most Americans are steadily getting poorer. The middle class is being absolutely eviscerated, and poverty is soaring to unprecedented heights.
The official silence on the growth of poverty and social misery stands in stark contrast to the daily struggle of the majority of the US population just to make ends meet.
The vast bulk of new jobs are in low-wage service industries or in temporary or part-time positions.
The dollar fell against the euro Friday despite a rather strong U.S. April jobs report that otherwise sent stock markets and oil prices soaring.
Homeownership is at its lowest level in 18 years, but housing prices are rising. Why? Because banks are creating real estate scarcity by buying up homes and selectively stalling foreclosures.
Figures on the state of the European economy published over the past week are not only the expression of a deepening economic and social crisis. They have a profound historical meaning, pointing to the bankruptcy of the capitalist economic order.
There have been so many assaults committed by stealth against Americans of good faith, and carried out so slowly and incrementally, that you have actually been ambushed. Now I’d advise that you prepare for the sucker punch.
9.5 million Americans have left the workforce during the presidency of Barack Obama, according to the Bureau of Labor Statistics.
Unemployment in the euro zone hit another record in March, climbing for the 23rd consecutive month, with no end in sight to the economic and social catastrophe gripping Europe.
The percentage of Americans that are working for themselves has never been lower in the history of the United States... by murdering small business, the bureaucrats are destroying the primary engine of job growth in this country.
Ron Paul and Jim Rogers spoke at the Sovereign Man: Offshore Tactics Workshop in Santiago, Chile, on March 30 – April 1, 2013. These are clear warnings signs that a rational person simply cannot ignore.
Most people feel that a time of great change is upon us. But what kind of change is unfolding, exactly? To answer that question, we must examine current trends and attempt to understand where they are headed.
HUNDREDS OF low-wage fast food and retail workers walked off the job and into the Chicago streets on April 24, only two weeks after fast food workers in New York City held another similar walkout and amid an ongoing national campaign against the retail giant Wal-Mart.
People have to understand that going forward large deposits by ‘non-insiders’ are no longer going to be permitted. The goal of this pre-arranged wealth destruction is to equalize the ‘new rich’ and the ‘upper middle-class.’ Those not on the inside, with the right families and the right companies, are not going to be tolerated in the ‘New Paradigm’ of currency and metal that we are now moving into. So the only means of being able to protect yourself will be to understand the answer to the question, ‘What is the final end game for the most powerful families that are in fact running countries and markets?’....
The obscene greed-and-arrogance stories emanating from Wall Street are piling up so fast, it’s getting hard to keep up. This one is from last week, but I missed it – it’s about the foreclosure/robo-signing settlement that was concluded earlier this year.
On Wednesday, April 24, a day after Bangladeshi authorities asked the owners to evacuate their garment factory that employed almost three thousand workers, the building collapsed. The building, Rana Plaza, located in the Dhaka suburb of Savar, produced garments for the commodity chain that stretches from the cotton fields of South Asia through Bangladesh’s machines and workers to the retail houses in the Atlantic world. Famous name brands were stitched here, as are clothes that hang on the satanic shelves of Wal-Mart. Rescue workers were able to save two thousand people as of this writing, with confirmation that over three hundred are dead. The numbers for the latter are fated to rise. It is well worth mentioning that the death toll in the Triangle Shirtwaist Factory fire in New York City of 1911 was one hundred and forty six. The death toll here is already twice that. This “accident” comes five months (November 24, 2012) after the Tazreen garment factory fire that killed at least one hundred and twelve workers.
“These policies of supporting the financial system or the banking system are not going to work. QE1 didn’t work, QE2 didn’t work, now we’ve got QE3 and Japanese money printing. Central banks are (also) now buying stocks. How much lunacy do we have to have? Just think through it a little. It has to stop some day. We just can’t keep accelerating this without one of two things happening: You are going to get a financial collapse, or you are going to get hyperinflation....
Thanks to the revelation brought to the world regarding the paper gold fraud, certain gold shares will now advance by many hundred percents. Some are likely ten baggers like in the 1980s. Good growing intermediate tier producing gold shares will lead gold majors, gold and all equities now to new highs in its own unprecedented bull market as the successful short of gold share hedge funds sitting with huge shorts have become complacent. There is a new definition to the right gold companies. They are the holders of the real physical supply.
Police and protesters have clashed at an anti-government demo in the Spanish capital, Madrid, with bottles thrown and officers making baton charges. The government is set to reveal a new plan to turn the economy around.
|Your donation helps provide a place for people to speak out. thepeoplesvoice.org P.O. Box 159113 Nashville, TN 37215 Not tax deductible. firstname.lastname@example.org|
|Search the Site||Search the Internet|
|<< <||> >>|