Shell Game
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Back in the Spring of 2009, the World Bank forecast that the global economy would contract by 1.7% that year; the first global contraction since the Great Depression (yet another clear indicator we ar...
As I have detailed with extensive data and accompanying analysis in America's Financial Apocalypse (2006/expanded and 2007/condensed), America’s once great economy has been gradually transformed...
On many occassions, I have made mention of the fact that, despite popular belief, America's economy really does not operate with free market dynamics. I really focus on this premise in America's...
I've been working overtime on my soon-to-be-released healthcare book. The problem is that in the editing process, I keep running across new information that I can't help but to add.
In my last piece, I think I made it clear that the vast majority of economists are not only clueless, but very dangerous to your financial health. Make no mistake. At best they are broadcasters not...
I’m really sick and tired of these economists out there who continue to claim that America will not enter a depression. These are the same bozos that have yet to acknowledge the fact that the U....
In America's Financial Apocalypse (extended 2006 version), I made the case for a trend of declining basic research from core scientific disciplines such as chemistry and physics. I also not...
I recently ran across a story that I wanted to show you because I wanted to point out a few things. It was written by the Associated Press, so that means it was syndicated in hundreds of newspapers ac...
For many years now we’ve all seen the reckless use of taxpayer funds by Washington. This irresponsible and unaccountable waste of tax dollars has been particularly prominent during President...
The latest data on housing continues to worsen on most fronts. See here and here. In fact, the data is now showing strong indications of bold predictions I mad in 2006 and as recent......
Deficits, Debt and Excess Consumption As you may recall, in February 2008 President Bush unveiled a whopping $3.1 trillion budget that boost military spending and reduced health benefits for retire...
I continue where I left off – discussing just a few of the ways Washington tries to fool us by its misuse and manipulation of data. Washington likes to remind critics that Americans enjoy the...
For all of you out there who listen to economists and think they know what’s going on, hopefully you will begin to realize that the official data you see is nothing but an illusion after you rea...
As of yesterday, Lear Corp., an auto parts supplier for the "Little 3" joined the list of others who have been victimized by the collapse of America’s Ponzi scheme economy.
Today, America’s “New Economy” is based exclusively on services - primarily financial and technology-based services, with a whole slew of attorneys and consultants to...
In case you don’t know who Larry Kudlow is, he’s one of the CNBC hacks who continued to claim the economy was strong though most of 2008. Kudlow epitomizes the word hack. His track recor...
I ran across an interesting story about how Japan is using a somewhat innovative approach to deal with its own symptoms of what will eventually be recorded in history books as the global depression....
For some strange reason, economists, and those who actually give credence to what they say seem to think that a single period eighty years ago set a precedent cast in stone for what to expect from thi...
NOTE: Mike Stathis predicted the precise details of the financial crisis in his 2006 book, America's Financial Apocalypse. The Jewish Mafia REFUSED to publish this landmark book because it...
Mr. Greenspan, you have been the individual most responsible for the current crisis; a crisis which commenced only a few years after you tried to minimize the dotcom collapse, which of course you also...
I find it ridiculous that Washington has led America into another trap by supporting ethanol. By now, we all know how expensive it is to produce ethanol from agricultural sources. This is especially t...
All throughout the post-bubble period, Greenspan and President Bush have been claiming how “solid” and “strong” the recovery has been since the recession of 2001-2002. ...