Is the FedNow Broke?
By David Haggith Recently several major banks were unable for days to process hundreds of thousands of payments. The explanation by the banks given in…
David Haggith
The BRICS Dollar Debacle
By David Haggith My latest Deeper Dive dug into China’s failing commercial real-estate market, as well as other global commercial real-estate markets that are collapsing,…
Cashless Society Talk Goes Mainstream in a Hurry and Should Be Trusted Like the NSA
By David Haggith We’re on the brink of a dramatic change where we’re about to — and I’ll say this boldly — we’re about to…
While Inflation and Fear of the Fed Buried Markets, Deeper Troubles Will Soon be Revealed
By David Haggith Monday’s financial news was filled with fantasies about how Tuesday’s CPI report would be as boring for the stock market as watching…
Economic Predictions for H2 2022, Part 5: The Everything Bubble Bursts into Pieces
By David Haggith To many economists, saying we are going into an economic crash would be a prediction because over eighty percent of economists do…
Welcome to the World of Bankster Magic Where We Shall Have “Weather Followed by More of the Same Unless it Changes.”
By David Haggith At the start of the year he said we were entering the “strongest economy” he had ever seen. Then he said he…
An Apocalypse Upon Us: How Much More Can We Take?
By David Haggith Trade wars, crashing stocks, bond blowouts, global recessions, rapidly plunging corporate earnings, the start of firings, a global energy crisis, collapsing cryptos,…
Seeing It All Come Together: Months of Predictions Closing in on Quick Economic Collapse
By David Haggith Sometimes weeks happen in a day, and we seem to be living in such times. In my latest Patron Post I laid…
Epocalypse Revisited: The Recurring Nightmare of Economic Collapse
By David Haggith In 2015, I wrote about The Great Recession 2.0 that was coming upon us. I called it “The Epocalypse” to signify an economic…
Inflation Flying in Hotter than Ever!
By David Haggith All those economists who went along with the Fed’s inflation-is-temporary-and-going-per-plan narrative are stunned by the data they now see coming in. They…
CASHLESS SOCIETY 2020: Coronavirus Swings Society to “Touch Free” Digital ID and Digital Currency
By David Haggith Many people are warming up to the idea of digital currency in a cashless society due to coronavirus because going touch free…
What to Make of the Bureau of Lying Statistics’ Contradicting Jobs Reports
By David Haggith Employment has been the one stickler in my recession prediction for 2019, and finding a trustworthy measurement from the government’s statistics is…
Stock Market More Overpriced and Perilous Than Anytime in History
By David Haggith I’m not going to predict when and how the US stock market will crash as I did by laying out the stages…
10 Big Steps Down the Road to Recession
By David Haggith First, a decline in manufacturing, and then a slump in service industries, now a broad-spectrum inversion of the yield curve hitting its…