U.S. Economy Stagnates Even With Massive Printing
I don’t know how long this sort of Fed induced lunacy can continue, but real signs are pointing to an economy that is still stagnating even with the trillions of dollars of money printing.
Too Big To Fail Is Now Bigger Than Ever Before
We are witnessing a consolidation of the banking industry that is absolutely stunning. Hundreds of smaller banks have been swallowed up by these behemoths, millions of Americans are finding that they have to deal with these banking giants whether the…
U.S. faces prospect of more ‘jobless recoveries,’ economists warn
The U.S. looks set to face a future of “jobless recoveries” from economic downturns, as part of growing pattern of chronic unemployment following recessions, a major new study warns.
And Now The Real, Uncomfortable Reason Workers Are Getting More And More Screwed
A famously depressing chart is the “Labor’s Share” of GDP, which shows how much of our total income is going to laborers instead of capital-holders.
It’s been on a pretty steady downtrend over the last several decades.
Author Sanghoee: Income Inequality Will Crash US Economy ‘Like a House of Cards’
In one of the sternest warnings yet about America’s growing income inequality, a former banker is predicting the American economy will come crashing down like a house of cards if we don’t deal with the issue.
Sanjay Sanghoee, an author and political and business commentator, in an article for The Huffington Post, cites numerous statistics to support his view.
Inequality is greater than it’s been since the 1920s. Average income in the U.S. is $51,000, but $717,000 for the top 1 percent.
Two-thirds of minimum-wage earners live below the poverty line. The top 1 percent owns 42 percent of America’s wealth and has raked in 95 percent of all income gains since 2008.
BIS: The most powerful bank in the world announces the crash
The Bank for International Settlements (BIS) is the current situation on the financial markets as worse than before the Lehman bankruptcy. The warning of the BIS could be the reason why the U.S. Federal Reserve decided to continue indefinitely to print money: Central banks have lost control of the debt-tide and give up.
The decision by the U.S. Federal Reserve to continue indefinitely to print money (here ) might have fallen on “orders from above”.
Apparently, the central banks dawns that it is tight.
The most powerful bank in the world, the Bank for International Settlements(BIS) has published a few days ago in its quarterly report for the possible end of the flood of money directly addressed – and at the same time described the situation on the debt markets as extremely critical. The “extraordinary measures by central banks” – aka the unrestrained printing – had awakened in the markets the illusionthat the massive liquidity pumped into the market could solve the fundamental problems (more on the huge rise in debt – here ).
Large bearish wick in S&P 500 takes place as inflows hit record levels!
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A large bearish wick took place this past week in the S&P 500 as inflows hit record highs!