Tag Archives : income


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 […]

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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 […]


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 […]

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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 […]


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, […]

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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 […]


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 […]

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The Economist Who Exposed ObamaCare

  Source: http://www.againstcronycapitalism.org By Editor The Economist Who Exposed ObamaCare     Boy, the Congressional Budget Office report which showed that Obamacare will further reduce the number of people in the workforce sure threw the White House for a loop. It spent most of Friday trying to explain the report away. They failed. The train […]


Dr. Paul Craig Roberts-U.S. Markets Rigged by its Own Authorities

  Source: http://usawatchdog.com By Greg Hunter Dr. Paul Craig Roberts-U.S. Markets Rigged by its Own Authorities       Economist Dr. Paul Craig Roberts says, “We have a situation where all the markets are rigged.  All the markets are manipulated.”  As an example, Dr. Roberts points to the stock market.  Dr. Roberts contends, “We have […]

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Manipulations Rule The Markets

  Source: http://www.paulcraigroberts.org By Dr. Paul Craig Roberts Manipulations Rule The Markets   The Federal Reserve’s announcement on December 18 that beginning in January its monthly purchases of mortgage-backed financial instruments and US Treasury bonds would each be cut by $5 billion is puzzling, as is the financial press’s account of the market’s response. The […]