October’s Sobering Jobs Report Adds to Mounting Bad Economic News
Data on employed persons, wages, and other measures point to trouble ahead in an economy already strained by growing bankruptcies, mounting debts, and disappearing savings.
Data on employed persons, wages, and other measures point to trouble ahead in an economy already strained by growing bankruptcies, mounting debts, and disappearing savings.
The new problem we now face arises from the fact that huge deficits are only manageable so long as interest rates remain very, very low.
America is draining its economy by federal debt in a way similar to how American farms and cities are emptying the nation's aquifers. We cannot sustain these losses much longer.
Mark looks at the implications of famed investor Jim Chanos shutting down his hedge fund which specialized in shorting stocks.
Because borrowing from the Fed continues to reach new highs, inflation is unlikely to drop as fast as M2 would indicate, and excess money growth continues to generate problems in the economy with few improvements as it just keeps zombie financial entities alive.
As the federal government continues its Ponzi scheme of issuing debt to pay for past debts, interest rates will increase to the point where this no longer is a tenable strategy—if it ever was.
Mark reports on Pimco's former financial guru Mohamed El-Erian's new views on the Federal Reserve.
China's so-called economic miracle is running into the ground as the reality of central planning becomes increasingly obvious and an economic reckoning looms.
On this episode of Radio Rothbard, Ryan and Tho are joined by Peter St. Onge, an economic fellow with the Heritage Foundation and frequent Mises Wire author.
While the White House claims that inflation is losing steam, the truth is that unless the government changes its reckless monetary course, hyperinflation could be in our economic future.