Central Bank’s Staff Expects a Recession This Year
Economists at the Federal Reserve (the United States central bank) said they expect a “mild” recession later this year, an ...
Tag: Economy
U.S. Fiscal Path “Unsustainable” With $39T in Liabilities
The U.S. holds $39 trillion in liabilities while only having $4.9 trillion in assets, leading the Department of the Treasury ...
How Would You Fix This Colossal Multi-Trillion Dollar Mess?
Everyone can see the slow-motion train wreck that is unfolding right in front of our eyes, but nobody has a ...
Top Economist Warns Regulators Face ‘Mission Impossible’ Amid Inflation, Recession Risks
Economist and New York University professor Nouriel Roubini, often referred to as “Doctor Doom” for his pessimistic economic forecasts, said ...
Recession Warning? Consumer Debt Climbs Again but Pace Slowing
American consumers continued to pile on debt in February, but the pace of borrowing slowed significantly, another sign the economy ...
Central Banks Continue Their Streak of Accumulating More Gold in 2023
The world’s central banks continued their streak of accumulating gold during the first two months of 2023, according to the latest report from ...
Brace Yourselves for an Economic Avalanche, Because a Major Credit Crunch Has Already Begun
This is moving even faster than a lot of us thought that it would. For weeks, I have been warning ...
What Do They Know? China’s Appetite for Gold Remains Insatiable
As we've covered many times on this site, central banks across the globe are buying up as much gold as ...
Renowned Economist Nouriel Roubini: Trifecta of Inflation, Recession and Banking System Collapse Driving America Into a DOOM LOOP
An esteemed professor and economist pointed out that persistent inflation, the impending economic recession and an imminent insolvency crisis in ...
While Everyone’s Distracted, the Dollar Is Dying
Editor's Note: As always, I appreciate Daisy Luther's take on these important subjects. She is one of the best resources on ...