Economic Overviews

We all live extremely busy lives and often fail to keep up with the most informative articles posted on the internet. munKNEE.com searches the internet for such articles out there and posts the best of the best in an edited and abridged format each and every day for the sake of clarity and brevity to ensure a fast and easy read. Below are links, with introductory paragraphs, to the 10 most popular for this past week in descending order. You're busy so save time by just reading those that interest you most and Sign-up for Automatic Receipt of Articles as they get posted on munKNEE.com - Your Key to Making Money! Words: 1150

In light of the unfolding global sovereign debt fiasco that has turned out to be less of a waterfall and more of an avalanche [than anticipated I present below a description of the 5 stages of collapse and discuss our preparedness. If you haven't read it yet, perhaps you should.] It has been read by 70,000+ people so far - and is still being read by an average of 1,500 people each month - on my site alone. Words: 2525

There's been a major swing in what people now fear the most for the U.S. economy. Take a look. Words: 255

You might be able to predict the economy from the stock market, but you can’t do it the other way around. [As such,] ignore economists trying to forecast the market because the market knows better what is going to happen with the economy than even the leading indicators. [In fact,] the stock market leads the LEI by about a month. [Let me substantiate my words.] Words: 333

Much of what we see and don’t see regarding the modern-day tragedy that is Greece, is all about perserving the dream of a pan EU/European nation state, a United States of Europe if you will, rather than about bailing out the foreign bank holders of European sovereign debt. Let me explain my perspective. Words: 627

Our government is broken. Our economy is broken. Our infrastructure is crumbling. Our major institutions — education, religion, culture — are inadequate to the tasks at hand. These are all signs of an old world passing away and clearing the way for a new one to arise in its place. The sooner we let go of our assumption that going back is desirable, or even possible, the sooner we’ll be able to fully embrace the new things that lie ahead. [Let me explain.] Words: 1891

Are we in an economic recovery or not? This article will deal with this issue. I will briefly recap how we got here and the problems we need to overcome before we can call it a recovery. I will look at the reasons behind our current positive data and then I will compare the current data to see where we are. Words: 1650

This time is far worse than any other modern recession. What we are seeing now is a depression, despite what the NBER would have you believe. If you are still looking for the “Big One” to happen, you are too late. It happened here and it is still happening here and in Europe. They, like us, have tried to paper over most of the effects of the boom-bust business cycle malinvestment, and they have failed and the piper is at their door [as it is here in the U.S.]. The current economic “good news”, this supposed "recovery", is largely based on fiat money steroids and will not last without continuous injections of new fiat money into the economy. [Let me explain.] Words: 2300

The U.S. government is destroying its own currency and is now showing signs of desperation and fear regarding the gold market [going as far as] to label goldbugs as terrorists.

What passes for journalism at CNBC and the rest of the mainstream print and TV media is beyond laughable. Their America is all about feelings. Are we confident? Are we bullish? Are we optimistic about the future? America has turned into a giant confidence game. The governing elite spend their time spinning stories about recovery and manipulating public opinion so people will feel good and spend money. Facts are inconvenient to their storyline. The truth is for suckers. They know what is best for us and will tell us what to do and when to do it. [Let me give you some examples.] Words: 1130