Tag: economic crash

From Peter Reagan for Birch Gold Group

If you were to do nothing but listen to President Biden and the corporate media prattle on about the economy, you might think things sound great!

You would hear endless claims of “record economic growth” and quarter after quarter of “historic GDP.”

But that’s the main problem with Bidenomics in the media, it looks better on the surface than it’s actually performing under the hood.

When it comes to Biden’s recent gross domestic product and how well it’s actually performing, we’ll turn to a recent article written by Jim Rickards:

Continue reading “Biden’s Debt Dilemma Uncovered: Economic Plane Crash Ahead?”

Via RT

The great stagflationary debt crisis will hit markets this year, the famed economist warns © Getty Images / Patrick Fraser

The world is facing the “perfect storm” of high inflation, rising interest rates and a recession in 2023, with people who are currently employed likely to be hit hardest by the crisis, famed economist and New York University professor Nouriel Roubini told Australia’s ABC on Thursday.

One of the first economists to predict the financial crisis of 2008-09, Roubini has been warning now for months of a stagflationary debt crisis, which would combine the worst elements of 1970s stagflation and the 2008 debt crisis.

Continue reading “Worst-ever economic crash coming – Nouriel Roubini”

Guest Post by Jim Kunstler

Events are in the driver’s seat now, not personalities. Gil Scott-Heron was right way back in the day when he said, “the revolution will not be televised.” Only what he called “revolution” turns out to be collapse, led by the disintegrating news business, so that the people of this land are flying blind into a maelstrom of hardship. Everything is going south at once here, and you probably don’t know it.

Continue reading “Flying Blind”

From Brandon Smith

There are many problems when attempting to track a faltering economy. For one, the people in government generally do not want the public to know when the system is in decline because this looks bad for them. They prefer to rig statistical indicators as much as possible and hope that no one notices. When the crash occurs, they then claim that “no one saw it coming” and the disaster “came out of nowhere”, so how could they be to blame?

Continue reading “The Economic Crash So Far: A Look At The Real Numbers”