Latest Russian figures on wages and earnings, rounding up 2015, are pretty horrific.
Well, they got that right. Detecting that “parts of the U.S. jobs report for January seem fishy” MarketWatch offered this pictorial summary: Needless to say, none of that stink was detected by Steve Liesman and his band of Jobs Friday half-wits who bloviate on bubblevision after each release. This time the BLS report actually showed the US economy lost 2.989 million jobs between December and January. Yet Moody’s Keynesian pitchman,…
Few are yet willing to accept the harsh reality that the world has sunk back into crisis.
Bill Black explains why one of world’s largest investment firms Goldman Sachs is questioning the “efficacy of capitalism” and why its CEO is terrified of a Sanders presidency.
Japan has adopted negative interest rates as the latest effort to revitalize its dying economy. But the country has been falling down the demographic cliff after its baby boom ignited
he U.S. Federal Reserve is squeezing a good deal of the profit out of mortgage bond trading, and Wall Street banks are increasingly heading for the exits.
Since late 2008, central banks around the world have used unprecedented QE to try and stoke the global economy. Then in June 2014, the ECB took it a step further.
Ifo Economic Climate Index in the Euro Area has posted another contraction
Wall Street’s business model is a “fraud ripe for revolution.”
Americans spend their entire working lives paying for their Social Security benefits, and for decades it was a pretty good deal.
But that’s changed, and it’s getting worse every year.
