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U.S. Consumers Are Doing EXACTLY What They Did Just Prior To The Crash Of 2008

U.S. Consumers Are Doing EXACTLY What They Did Just Prior To The Crash Of 2008

by Contributing Author | Nov 16, 2022 | Headline News

This article was originally published by Michael Snyder at The Economic Collapse Blog.  We never seem to learn from our mistakes.  Just before the financial markets crashed and the economy plunged into a horrifying recession in 2008, U.S. consumers went on a debt...
Credit Suisse Shares Hit Record Low, CDS Spike To Record High After CEO Letter Backfires

Credit Suisse Shares Hit Record Low, CDS Spike To Record High After CEO Letter Backfires

by Contributing Author | Oct 4, 2022 | Headline News

This article was originally published by Tyler Durden at ZeroHedge.  Update (0800ET Monday, Oct. 3rd): Traders have woken up this morning to more systemic fragility as Credit Suisse debt and equity is dumped in an unceremonious rejection of the CEO’s letter of...
Biden Economic Adviser Asserts That More Government Spending Will Solve Inflation Crisis

Biden Economic Adviser Asserts That More Government Spending Will Solve Inflation Crisis

by Contributing Author | Jun 24, 2022 | Headline News

This article was originally published by Tyler Durden at ZeroHedge.  Biden’s “Build Back Better” efforts have been a phenomenal failure so far, but maybe that’s because Americans just don’t understand a good thing when they see it? This has been...
New Prosperity Magazine: Goldilocks and the Crack-Up Boom

New Prosperity Magazine: Goldilocks and the Crack-Up Boom

by Contributing Author | Jun 8, 2022 | Headline News

This article was originally published by Charles Hugh Smith at Of Two Minds Blog.  For everyone left out of the Fed’s hyper-financialized, hyper-globalized, hyper-inequality “new prosperity,” there’s always the bargain salmon casserole. The...
Will China Pop the Global Everything Bubble? Yes

Will China Pop the Global Everything Bubble? Yes

by Contributing Author | Nov 2, 2021 | Headline News

This article was originally published by Charles Hugh Smith at Of Two Minds Blog.  The line of dominoes that is already toppling extends around the entire global economy and financial system. Plan accordingly. That China faces structural problems is...
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