Stunning Chart: Today’s Stock Market is Eerily Reminiscent of 1929…
Mac Slavo Activist Post With the holiday shopping season off to a slow start according to preliminary retail sales numbers and with the stock market…
Great Depression
New US data reflects economic hard times
Incomes and home values fell in the United States last year, and poverty grew © AFP/Getty Images/File Scott Olson AFP WASHINGTON (AFP) – Incomes and…
Economic crisis in ‘dangerous new phase’: IMF chief
Lagarde warned of a vicious cycle of weak growth and weak balance sheets © AFP/FIle Gerard Julien AFP WASHINGTON (AFP) – IMF chief Christine Lagarde…
White House predicts surge in US growth
The White House forecast the jobless rate will fall nearly one percentage point to 8.2 by the end of next year © AFP Robyn Beck…
Just one in four Americans like Obama on economy
President Barack Obama speaks at a town hall-style meeting © AFP/Getty Images Joe Raedle AFP WASHINGTON (AFP) – The number of Americans who approve of…
Ex-Obama economist warns of new US recession
Former chairman of the White House Council of Economic Advisors Larry Summers © AFP/POOL/File Feng Li AFP WASHINGTON (AFP) – President Barack Obama’s former top…
Market Strategist: “We’re on the verge of a great, great depression”
Dees Illustration Margo D. Beller CNBC Wall Street Baffled by Slowing Economy, Low Yields: Trader Wall Street is having a hard time figuring out what…
Rich Get Richer When Governments Tout Austerity
Matthew Lynn Bloomberg Remember all that stuff about how the credit crunch was going to usher in a new age of austerity? The financial industry…
Europe stumbles blindly towards its ‘Great Depression’ moment
It is the European Central Bank that should be printing money on a mass scale to purchase government debt, not the US Federal Reserve. Ambrose-Evans…
It’s Not the “Great Recession”, It’s the Great BANK ROBBERY
Washington’s Blog In case it’s not crystal clear, this isn’t the “Great Recession”. It’s really the Great Bank Robbery. First, there was the threat of…
New Figures Detail Depth Of Unemployment Misery, Lower Earnings For All But Super Wealthy (VIDEO)
Huffington Post One out of every 34 Americans who earned wages in 2008 earned absolutely nothing — not one cent — in 2009. The stunning…
Depression Within a Depression
John Maynard Keynes James Quinn, Contributor The Casey Report Regular Casey Report contributor James Quinn is the head of strategic planning for one of the…
Behind federal government’s lies: real economic numbers prove US in Great Depression
Terrence Aym Helium The US government has been playing with the economic numbers for years and now the statistics have become nothing more than a…
Wealth inequality rivals the months prior to the Great Depression
My Budget 360 The official announcement that the recession is over underscores the massive disconnect between Wall Street and the rest of America. Wealth inequality…