Each new policy destroys another level of prudent fiscal/financial discipline.
A world in which "we do these things because they're easy" has one end-state: collapse.
The fragility of our financial buffers will only be revealed when they fail in the next crisis.
Debt-dependent consumption in a world in which wages stagnate for the bottom 90% and energy costs increase as demand outstrips supply is a system with only one possible end-point: collapse.
Stock market update with Jim Goddard show.
Tour of dying Paradise Valley mall in Phoenix AZ.
The technocrat and capital-owning class is delighted with the economy, and can't understand why everyone isn't prospering.
Jack Ma predicted this week that in 30 years, people will be barely working.
Employers have no choice: it's innovate/automate or die.
A look inside this dying mall in Arizona.
We want this time to be different so badly, we can almost taste it.
A video tour and mini documentary about the dying retail store Kmart.
This episode is on the decline of Hallmark Gold Crown Stores across the country.
Gravity eventually overpowers financial fakery.
If you want to understand why we're fragmenting as a society, start by looking at the asymmetric burdens imposed by inflation.
Founded in 1921, May 31 is Radio Shack's last day for most of its stores.
"The system is disintegrating, and slapping a "reformist" coat of paint over the dryrot cannot renew the structural timbers that have rotted to their very core."
Peter Temin, the author of "The Vanishing Middle Class," explains how the US is moving towards two economies, one for the lower 80% and one for the upper 20%.
The Powers That Be are perfectly fine with your transition to proletarian debt-serf.
The rising asymmetry of rewards within our economy has many drivers.
"...what's called "socialism"--yes, Scandinavian-style socialism and its variants--is really nothing more than finance-capital state-cartel elitism..."
Ninety percent of Americans saw their income drop in a decade.
Atlanta FED GDP reading drops.
Nine years after 2008 and little to show for Fed policy except Donald Trump.
It's time to start planning for what we'll do when the current healthcare system implodes.
Interview on Ochelli Effect podcast.
Strip away the centralized power and prices would plummet.
Independent enterprises are a source of political and financial independence--and any independent class is dangerous to the ruling elites.
The future has been borrowed against for the elite games.
This is how stocks go up with no real economic growth.