Tuesday , 12 December 2017


Economic Overviews

Canada’s Economy Is In Trouble – Here Are 6 Reasons Why

A number of factors don’t bode well for Canada’s economic expansion in the near-term and for the valuation of the Canadian dollar in particular. GDP growth in 2012 was down to 1.8% from 2.6% the previous year. The nation’s central bank is holding the overnight rate at 1% and will likely maintain this level for some time to come. Words: 440; Charts: 7

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Coming Soon: Further Devaluation by Deception

The euphoria, New Year’s Eve at the Big Casino, continues but the price will be high when it all ends and it will end because it is not this or that asset class that is in a bubble but the entire world that is a giant soap bubble that will float until the heat of the sun pops the thing in one ugly mess. I fear that subprime loans, dot.com fantasies, and the S&L crisis will pale when we are done with this party because, my friends, the bill for the festivities must get paid.

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How the Ongoing U.S. Economic Collapse Compares to the U.S.S.R. Experience (Dmitry Orlov)

Dmitry Orlov's repeated travels to Russia throughout the early nineties allowed him to observe the aftermath of the Soviet collapse first-hand. Being both a Russian and an American, Dmitry was able to appreciate both the differences and the similarities between the two superpowers. Eventually he came to the conclusion that the United States is going the way of the Soviet Union and has concluded that when the U.S. economy collapses, it is bound to be much worse - and permanent - because the factors that allowed Russia and the other former Soviet republics to recover are not present here. Words: 3730; Slides: 28

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Monty Pelerin Cuts Through All The Economic Noise To Tell It Like It Really Is!

I read many hundreds of articles every week looking for writers who have an in-depth understanding of our economy and who are not reticent to tell it like it is. Monty Pelerin (a pseudonym) does just that week after week, year after year. This post includes introductory paragraphs and links to 25 of his most enlightening and current articles. Take a look. There are bound to be several that will grab your interest.

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U.S. Can’t Escape the Mess It’s In Without a Complete Economic Collapse! Here’s Why

us-collapse1

The last several decades of governmental economic policy has seen wealth destruction. Such policies are analogous to the government heating its home by burning the furniture. Burning furniture might get you through a few winters, but unless it is replaced eventually there is nowhere to sit and no fuel for next winter. Fortunately our ancestors were industrious and frugal, creating a lot of furniture. We stayed warm for a long time as a result, but the furniture is disappearing. Words: 970

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Confessions of a Banking Insider: “It’s time to be very worried!” Here’s Why & How to Protect Yourself

[In a recent] conversation about international banking and the state of the global financial system [with] a senior executive of a large international bank - the ultimate insider - I was floored by what he told me. [Here's what he had to say and, in his opinion,] what basic steps, taken now, will enable you to be one of the few people left standing should the house of cards collapse. Words: 465

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