Tag: economic crisis

Fed Roundtable Reveals a “Perfect Economic Storm” Approaching

From Peter Reagan for Birch Gold Group

There is a big disconnect between what the White House would like you to believe about the economy, and how most Americans are feeling about it right now.

Some members of the Federal Reserve board, including Chairman Powell, tried to listen to the concerns that a handful of panelists had, and the result wasn’t surprising.

The Fed got an earful during a town hall-type event event recently:

Higher interest rates together with instability in commodity prices “has a stranglehold on the American agriculturalist right now, which leads to a stranglehold on all of rural America,” said Whitney Ferris-Hansen, who owns and operates J/W Farms and Ranch in Burlington, Colorado.

Here’s a perspective on the stark reality of Bidenomics and its effects American families:

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There Is No Means of Avoiding the Final Collapse

Via International Man

By Nick Giambruno

Economic collapse

The Fed has already printed trillions—and shows little sign of slowing down—which means much higher inflation is already baked into the cake.

The only question is how the Fed will respond to it.

Ludwig von Mises, the godfather of free-market Austrian economics, summed up the Fed’s dilemma:

“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.”

The Fed has two choices:

1) keep printing trillions and let inflation skyrocket

2) tighten monetary policy and watch the markets crash.

In other words, it can sacrifice the stock market or the dollar.

#1 Keep Printing Trillions and Let Inflation Soar

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Doug Casey on His 10 x 10 Approach

Guest Post by Doug Casey via International Man

10 x 10 Approach

Everyone who devotes any attention to investing inevitably develops his own specialties, approaches, and methods. In other words a style. There are many paths up the mountain, and all intelligent methods have merit. But the degree of merit can vary tremendously with the times. A value investor, who attempts to find dollar bills selling for 50 cents, is going to have a tough time in a mildly inflationary environment when the stock market is booming. A growth investor, who looks for companies with rapidly and consistently compounding earnings, is going to have a tough time during a deflation. A technician, who follows the price action of charts, has a tough time in trendless markets, or periods punctuated by unpredictable events in the world outside.

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12 Ways The Economy Is Already In Worse Shape Than It Was During The Depths Of The Last Recession

 Guest Post by Michael Snyder

Twelve - Public Domain

Did you know that the percentage of children in the United States that are living in poverty is actually significantly higher than it was back in 2008?  When I write about an “economic collapse”, most people think of a collapse of the financial markets.  And without a doubt, one is coming very shortly, but let us not neglect the long-term economic collapse that is already happening all around us.  In this article, I am going to share with you a bunch of charts and statistics that show that economic conditions are already substantially worse than they were during the last financial crisis in a whole bunch of different ways.  Unfortunately, in our 48 hour news cycle world, a slow and steady decline does not produce many “sexy headlines”.  Those of us that are news junkies (myself included) are always looking for things that will shock us.  But if you stand back and take a broader view of things, what has been happening to the U.S. economy truly is quite shocking.  The following are 12 ways that the U.S. economy is already in worse shape than it was during the depths of the last recession…

#1 Back in 2008, 18 percent of all Americans kids were living in poverty.  This week, we learned that number has now risen to 22 percent…

There are nearly three million more children living in poverty today than during the recession, shocking new figures have revealed.

Nearly a quarter of youngsters in the US (22 percent) or around 16.1 million individuals, were classed as living below the poverty line in 2013.

This has soared from just 18 percent in 2008 – during the height of the economic crisis, the Casey Foundation’s 2015 Kids Count Data Book reported.

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