Moody’s has reported that the top 25 largest U.S. public pension funds face about $2 trillion in unfunded liabilities. This is what we see as the next great crisis post 2015.75. We are in a very serious economic crisis within the years ahead and we are preparing a very important report on this crisis. We will […]

Elizabeth Warren is insisting she wants to hold hearings on Capital Hill regarding secret tapes that reveal allegedly the Fed exempts Goldman Sachs above all other banks. The tapes appear to show an “unwillingness”, as Reuters put it, among some Fed supervisors to both demand specific information from Goldman about a transaction with Banco Santander and […]

The global demand for oil is declining as the United States moves toward self-sufficiency and is the only nation still in a positive economic trend. Everywhere else we see the global economy turning down since 2007 including China and Russia no less Europe. But the level of pessimism in the USA does not imply a […]

Polls even in the United States are showing that Americans have not only record high pessimism about the future, the majority now believes their children will have it worse than they did. Despite the stock market is surging to record highs, retail participation is at historic lows. The American economy is growing at its fastest rate […]

Perhaps the most perplexing aspect of the current equity trend that is not well understood has been the development of private investment by governments. Strangely enough, the development of the euro has totally disrupted the world monetary system for this has created a period of dramatic capital concentration in US dollar debt as the real […]

Ecuador has announced it will begin to circulate electronic currency created by its central bank in December. This is the way of the future. They often take a country like this for the test case. Ecuador will begin the process and we will see it swing to the USA and Europe during the decline in […]

Europe will move to Eurobonds for now Brussels gets it – if the euro fails, they lose their jobs in Brussels. Individual government bond issues have prevented the Euro from becoming a major currency and it now trails even the Chinese Yuan in trade. Nonetheless, some are trying to argue such as the German bank co-chief […]

Merkel is under serious pressure from two fronts. The sanctions against Russia are having a major impact upon the European economy as a whole. This has caused Merkel to bluntly state that the US cannot solve all the problems of the world. Indeed, what she is not saying is that these US policies may be […]

Global central bankers led by Federal Reserve Chair Janet Yellen gathered in Jackson Hole for their annual Marxist Festival. Of course, those in government are just way too dangerous because whatever they see never involves them as a cause of any problem. It is impossible to see how to engage the economy when you eliminate […]

  Many people are always skeptical about forecasting for they first tend to confuse what we do with others who just express opinions. Secondly, they assume because you cannot predict the closing price of the Dow Jones tomorrow, then how can you possibly forecast years and decades in advance? This paradox incorporates trends, connectivity with […]