Tag Archives : income


Poverty Report Contradicts GDP Claims

Source: http://www.paulcraigroberts.org By Dr. Paul Craig Roberts   Poverty Report Contradicts GDP Claims   It is amazing how the government manages to continue selling Brooklyn Bridges to a gullible public. Americans buy wars they don’t need and economic recoveries that do not exist. The best investment in America is a highly leveraged fund that invests […]

Dr. Paul Craig Roberts

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30 stats to show to anyone that does not believe the middle class is being destroyed

Source: http://theeconomiccollapseblog.com By Michael Snyder   30 stats to show to anyone that does not believe the middle class is being destroyed   The 30 statistics that you are about to read prove beyond a shadow of a doubt that the middle class in America is being systematically destroyed.  Once upon a time, the United […]


Investment Guru Warns: “The Market Is Very Crash-Prone… Very Fragile”

Source: http://www.shtfplan.com By Mac Slavo   Investment Guru Warns: “The Market Is Very Crash-Prone… Very Fragile”     Ahead of the collapse of 2008 well known investment manager Bill Fleckenstein warned that real estate and stocks were headed for a crash. He positioned himself and his clients to absorb the brunt of the imminent hit that […]

economy

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Hillary Clinton Has Got To Be Joking – This Is What ‘Dead Broke’ Actually Looks Like…

  Source: http://theeconomiccollapseblog.com By Michael Snyder   Hillary Clinton Has Got To Be Joking – This Is What ‘Dead Broke’ Actually Looks Like…   During a recent interview with Diane Sawyer, Hillary Clinton claimed that Bill and her were “dead broke” when they left the White House.  And then on Sunday, Hillary told the Guardian […]


US Economy Is A House Of Cards

  Source: http://www.paulcraigroberts.org By Dr. Paul Craig Roberts US Economy Is A House Of Cards   The US economy is a house of cards. Every aspect of it is fraudulent, and the illusion of recovery is created with fraudulent statistics. American capitalism itself is an illusion. All financial markets are rigged. Massive liquidity poured into […]

Dr. Paul Craig Roberts

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Thomas Piketty’s Sensational New Book

  Source: http://mises.org By Hunter Lewis Thomas Piketty’s Sensational New Book   Thomas Piketty, a 42-year-old economist from French academe has written a hot new book: Capital in the Twenty-First Century. The U.S. edition has been published by Harvard University Press and, remarkably, is leading the best seller list; the first time that a Harvard […]


19 Signs That The U.S. Consumer Is Tapped Out

  Source: http://theeconomiccollapseblog.com By Michael Snyder 19 Signs That The U.S. Consumer Is Tapped Out   You can’t get blood out of a rock.  Traditionally the United States has had a consumer-driven economy, but now years of declining incomes and rising debts are really starting to catch up with us.  In order to have an […]

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Tax Consumers, Taxpayers, and the Cox Box

  Source: https://mises.org By Jim Cox Tax Consumers, Taxpayers, and the Cox Box   Years ago I joked that every economist’s highest goal was to have a graph or concept named for him or her. Among the existing ones are the Keynesian Cross Graph, the Edgeworth Box, the Phillip’s Curve, the Laffer Curve, Rothbard’s Law, […]


No Janet Yellen, The Economy Is NOT “Getting Better”

  Source: http://theeconomiccollapseblog.com By Michael Snyder No Janet Yellen, The Economy Is NOT “Getting Better”   On Tuesday, new Federal Reserve Chairman Janet Yellen went before Congress and confidently declared that “the economic recovery gained greater traction in the second half of last year” and that “substantial progress has been made in restoring the economy […]

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221 Percent Increase In One Year? Why Are So Many People Renouncing American Citizenship?

  Source: http://theeconomiccollapseblog.com By Michael Snyder 221 Percent Increase In One Year? Why Are So Many People Renouncing American Citizenship?   The number of Americans that renounced their citizenship was 221 percent higher in 2013 than it was in 2012.  That is a staggering figure, and it is symptomatic of a larger trend.  In recent […]