So, the Fed has opted to abandon the real US economy for the Tinkerbell and pixie-dust delusions of the Wall Street markets by raising official interest rates overnight. The move was not justified, being merely a face-saver after so many months of 'will we, won't we' dithering. This post inspired by: Federal Reserve announces first... Continue Reading →
It’s A Mystery
So, it's a mystery. Well, not really. The more jobs, the more money is in the economy and the more inflation there should be. It hasn't happened. What's wrong? This post inspired by: The Mystery of Missing Inflation Weighs on Fed Rate Move Photo: Scott Eisen/Bloomberg News It can only be the jobs figures,... Continue Reading →
Third World Nation
The US will be a third world nation within the next nine years. This is the prediction of Paul Craig Roberts in the article which inspired this post: US On Road To Third World — Paul Craig Roberts I am going to break down this article into point format to make it easy to see... Continue Reading →
Not Something Else 