There is more work to be done to ensure that all Americans can share in the accelerating recovery. — Jason Furman, council of economic advisers, White House By David …
By David Tulis The disaster of national economy that awaits us here in the hinterlands has its makings in ideas that are ultimately religious in nature. More immediately the …
Charles Hugh Smith Please don’t claim anything changes if one party or the other is in the majority. Anyone clinging to that fantasy is delusional. If you really think …
By David Tulis Local economy is safe. Local economy is paying cash to people you know. National economy is not safe. Its chain stores swipe your plastic card into a reader …
By Charles Hugh Smith The hard limits are hidden, and we will discover them only when it’s too late to modify the self-destructive behavior and policies we’ve pursued as …
By Charles Hugh Smith Some basic suggestions for those who are seeking shelter from the coming storms of global financial crisis and recession. Reader Andy recently wrote: “I look …
The strategy of “buying time so the financial system can heal itself” by protecting a systemically destabilizing financial sector has failed because it could only fail. By Charles Hugh …