Global Intelligence
GIH: China’s economy has been overheating, and with a growing financial sector. Some indications point to similarities between events in China now and the US in 2007. A slowdown or credit crisis in China would also impact Australia, the region, and ultimately the entire world economy. Bank of America Is Actively Preparing For The Chinese […]
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Submitted by Michael Snyder of The Economic Collapse blog, If you want to get an idea of where the rest of America is heading, just take a trip through the western half of West Virginia and the eastern half of Kentucky some time. Once you leave the main highways, you will rapidly encounter poverty on a level […]
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Looking at the present financial situation from a historical, social perspective, indicates (based on history) that there will be a severe blowback from the QE program. But unlike other examples provided in the below analysis (such as WW2 spending) QE is nearly completely artificial. During WW2 spending was driven by manufacturing and war logistics. QE […]
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GIH: As we slip into a global crisis, paradigm shift, climate change, social upheaval, and a myriad of other unprecedented circumstances, many simply do not have the time or motivation to even follow what’s going on. This is both tragic and frightening, because society will need an intelligent mass of productive human capital to rebuild […]
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A combination of factors in the US are putting the American economy at a huge disadvantage. The following report looks at how freedom affects the economy. As the US is becoming a police state, with highly regulated financial markets, it can only create additional costs and discourage new investment. With the possibility of the internet, […]
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The new generation is being hit hardest by the crisis. Many of them took student loans only to find no jobs. Due to the economic boom, and proliferation of online schools like Phoenix, college attendance is at an all time high. But much of this is financed by banks. Millennnials are coming into a different […]
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The Baltic Dry Index is one of the only significant indexes of the ‘real’ economy, as it measures the transport of physical goods. While the US stock markets are near their all time highs, the shipment of real physical goods is down 35%, the worst start to the year in 30 years. From Zero Hedge: […]
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With all due respect to Lizzie Velasquez, the vast majority of TED and TEDx talks are complete bullshit, and it’s high time someone called them out on it. Benjamin Bratton, Associate Professor of Visual Arts at the University of California, San Diego, has a huge problem with TED, and he isn’t afraid to tell them so […]
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While the mainstream media continues to tout economic data pointing to a recovery, such as the 7% unemployment rate, the reality for many Americans is quite different. Record numbers of people from all demographics are unemployed, underemployed, or depend on government assistance. Submitted by Michael Snyder of The Economic Collapse blog: In America today, there are […]
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