The Greatest Depression Just Began. This is no Drill

The Greatest Depression Just Began. This is no Drill

Feb 27, 2020 | Economy

Exactly a month ago I warned that the Corona Virus outbreak was going to pop the “Everything Bubble.” I did something fairly subtle. I buried my main message under a whole heap of cow manure. It doesn’t make a rat’s ass if I was right or wrong about calling for a...
Paul Craig Roberts: Remarks On The US/China “Trade Deal”

Paul Craig Roberts: Remarks On The US/China “Trade Deal”

Jan 20, 2020 | News

The first thing to understand is that it is not a trade deal.  It is Trump backing off his tariffs when he discovered that the tarrifs fall on US goods and American consumers, not on China.  Trump is covering his retraction by calling it a trade...
The Decade of Debt – Peter Schiff

The Decade of Debt – Peter Schiff

Jan 2, 2020 | News

Reuters has dubbed the 2010s the “decade of debt.” The Reuters report focused on the ballooning levels of corporate debt, but consumer and government indebtedness has skyrocketed over the last 10 years as well. This massive debt bubble poses a...