U.S. Economy May Not Survive Further “Stimulation”
Continuing reports of gold reaching new record highs on practically a daily basis, is probably all the indication we need to realize that the economy is not as close to “recovery” as some would like us to think.
8 CommentsUS Economy Mired in ‘Form of Depression’: Rosenberg
The US economy is mired in an economic crisis that shows only scant signs of abating, economist David Rosenberg told CNBC.
5 CommentsIMF Warns of Revolution if Another Round of Bailouts are Handed Out
Many officials and experts have warned of violence stemming from the economic crash.
46 CommentsHere Is Why The Dollar Is Now Effectively Worthless
A picture is worth a thousand Krugman essays, which is why we present a chart comparing the US Monetary Base (and by subtracting Reserve Balances with Fed Reserve Banks, Currency in Circulation), and the Fed’s holdings of MBS and Agency paper (worthless GSE/FHA garbage).
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