In his recent appearance with Todd on the Sachs Realty Podcast, Peter Schiff paints a sobering picture of America's current economic landscape, challenging mainstream narratives promoted by Wall Street and the Federal Reserve.
Is it just a coincidence that a large number of talking heads in the corporate media have all suddenly decided to start blaming Donald Trump for causing a "recession"?
One month ago, when we first realized just how much fat Elon Musk's DOGE was slashing from the government money-laundering apparatus, we made a controversial (at the time) observation:
The messaging that we are getting from so many prominent voices is so similar that one would be tempted to think that they are all getting their talking points from the same source.
The Biden administration has given us an economy in which homelessness is at an all-time high, demand at food banks is at an all-time high, and poverty is growing all around us.
Medical debt is the largest source of debt in collection in the United States, and it's more likely to be held by women, people with disabilities and Black Americans.
Richard D. Wolff is an American economist and professor emeritus at the University of Massachusetts Amherst. He is known for his critiques of economic inequality and his advocacy for worker cooperatives as a way to empower individuals and address sys
The housing market is mirroring the 2008 financial crisis. Job numbers are faked again. The Fed is knowingly making decision using fake data. The [CB - central bank] has revealed their plan, they want the US to default under Trump's Presidency. Playb
I believe this ancient practice is poised for a major comeback as government, corporate, and personal debt levels today have reached unsustainable heights.
Reeling from falling crop prices, farmers and agricultural companies have grappled with diminished income and pulled back spending
ZEW Index of Current Economic Conditions fell to near the LOWEST ON RECORD. This is in line with the bottom levels in the Great Financial Crisis. All when the economy is heading for the 2nd STRAIGHT year of contraction.
If the workforce doesn't earn enough to have surplus earnings to spend on the enormous output of an industrial economy, then the producers cannot sell their goods / services at a profit, except to the few at the top as luxury goods
Why is demand at food banks all over the country higher than it has ever been before? The media keeps insisting that economic conditions are just fine, but it has become quite obvious to everyone that this is not true.
The last four years have been an economic nightmare for most Americans, and that is one of the primary reasons why Donald Trump won the election.
Are you ready for economic conditions to get even worse in 2025? It would be difficult to find any economist that is willing to argue that global economic conditions are better in late 2024 than they were in late 2023.
[A] crash is coming, and it may be terrific. …. The vicious circle will get in full swing and the result will be a serious business depression.
The damage done by endless wars and astronomical government spending may be at the point where economic catastrophe is unavoidable. However, life is far too complex, with far too many variables and unknowns to say for sure. With that being the case,
If The U.S. Falls into Recession, It Will Be From Years of Government Excess
...Couldn't Even Pay Their Rent Last Month
The world's major growth engine the past few years is showing more and worsening signs of finally cracking, including its currency hitting a record low just today. I'm not talking about the US, obviously, nor is it sickly China. India. If India h
I created a new recession indicator based on claims. Hurricanes have nothing to do with this.
When the wealth gap grows too big, Thirdworldization tends to accelerate and the middle class is crushed. It's happening ...
