Ron Paul continues to forecast a collapse of the US economy even in light of the election of President Trump.
Ron Paul said that Federal Reserve policy has set the country up for economic collapse, and though the central bank has been very creative in making the impossible work, and putting off financial (Read More….)
The national debt in the U.S. is going to explode higher during a Trump Administration. My prediction is that by the end of Trump’s first term, the national debt will be more than $23 trillion. It took 240 years to build up the first half of our debt. Democrats and President Obama doubled that in (Read More….)
We pulled off an incredible victory of getting Donald Trump elected. Congrats guys, we did it. Now the first point of focus is the backward bending Laffer Curve. Thanks to the reckless policies of Democrats and Obama, the national debt is up to almost $20 trillion dollars. The horrible national debt leaves Trump with little (Read More….)
ObamaCare has created massive shortages within the healthcare sector. In cities, it is common to wait many hours before being seen as hospitals have a shortage of beds. Doctors have stopped taking new patients as they are overwhelmed by the numbers of people coming to see them. Let’s examine what happened from a macroeconomics perspective.
All the recent talk of an OPEC deal to push up the price of oil is nonsense. Here is a hypothetical supply and demand chart of oil.
In this hypothetical example, equilibrium is set where the supply and demand curves cross at a price of $40 a barrel at 75 MMbpd.
Shifting the Supply (Read More….)
The US national debt just broke above $19.5 trillion. Both Democrats and Republicans are to blame, but it is important to note that President Obama and Democrats increased the national debt more than all President’s before combined.
George Bush exploded the national debt by $3 trillion in response to an imploding economy and 911. (Read More….)
The velocity of money has hit the lowest level ever recorded as I wrote about here. I believe the crowding out effect is at least partially to blame for the slowdown in the velocity of money.
President Obama has run the national debt up to nearly $20 trillion, more than all President’s before him combined. (Read More….)
Donald Trump has correctly criticized the Federal Reserve for keeping interest rates low for Democrats. Yellen’s allegiance to Democrats is something I’ve been talking about for more than a year now.
Janet Yellen herself is a Democrat who was appointed by Obama. Remember how Yellen was questioned about why she was meeting with Democrats more (Read More….)
Falling profit margins typically precede a recession. Last week, the Bureau of Economic Analysis released the latest profit margin numbers that clearly point to an oncoming recession.
Notice how the last two recessions (shaded areas) came within six months of a -20% change from a year ago (red line). The only thing that is (Read More….)
Brexit fear gripped traders, as the leave camp gained ahead of the June 23rd referendum on the UK’s continuing membership in the European Union. There was lots of jawboning about Brexit. Most of the talk was about the chaos that would follow the UK seceding from the EU. Stocks closed down for the week with (Read More….)
A gay nightclub in Orlando was the scene of the worst terror attack in U.S. history since 9/11. A shocking 50 people were killed inside the Pulse club. Was it Muslim based terrorism or gay hate as a result of the redefining of marriage by the Obama Administration and Democrats?
It was probably (Read More….)
George Soros has come out of retirement to personally oversee big bearish bets against the market including bearish derivatives and huge positions in gold and gold mining stocks.
The spooky thing is that the last time Soros did this was in 2007, right before the last recession.
George Soros is a big supporter (Read More….)