Economics
US Unemployment Approaches Reality?
Written by The Daily Bell
Unemployment falls to 9 percent, lowest since 2009 ... The unemployment rate is suddenly sinking at the fastest pace in a half-century, falling to 9 percent from 9.8 percent in just two months — the most encouraging sign for the job market since the recession ended. More than half a million ...
Reads: 909
The Egyptian Tinderbox: How Banks and Investors Are Starving the Third World
Written by Ellen Brown
Underlying the sudden, volatile uprising in Egypt and Tunisia is a growing global crisis sparked by soaring food prices. But what caused the recent jump in food prices remains a matter of debate.
“What for a poor man is a crust, for a rich man is a securitized asset class.”
–Futures trader Ann ...Read more: The Egyptian Tinderbox: How Banks and Investors Are Starving the Third World
Reads: 1110
Central Banks Now Creating Hyperinflation?
Written by The Daily Bell
CB president Jean-Claude Trichet's rate retreat on commodity spike ... The European Central Bank (ECB) has taken a strategic gamble that the current surge in food and commodity prices is not a repeat of the inflation virus of the 1970s and will subside without the need for a monetary squeeze. ...
Reads: 1401
Richard Daughty on the Fiscal and Monetary Insanity of the Whole Freakin' World
Written by Anthony Wile - The Daily Bell
The Daily Bell is pleased to present an exclusive interview with Richard Daughty.
Introduction: Richard Daughty, the Mogambo Metals and Money Guru, describes himself as "the angriest guy in economics." No doubt this is because a genuine belief in Austrian hard-money economics leads him to ... Read more: Richard Daughty on the Fiscal and Monetary Insanity of the Whole Freakin' World
Reads: 782
Talk About the National Debt Like a Pro!
Written by Jim Bacon
Now that budget and deficits are the No. 1 topic in Washington, D.C., politicians should make a point of downloading a recent Congressional Budget Office (CBO) study, “Federal Debt and Interest Costs,” so they can learn what the heck they are talking about. The study is an excellent primer for ...
Reads: 838
Fall of Saudi Arabia to End Dollar Reserve System?
Written by The Daily Bell
Is this the fall of the puppet states, like a chain of dominos?
There is a social media revolution in Saudi Arabia ... Ten million Saudis are online, 3 million belong to Facebook, and Twitter feeds are up more than 400 percent. Recently, many tweets and posts have been focused on the uprising in ... Read more: Fall of Saudi Arabia to End Dollar Reserve System?
Reads: 2211
'Super Stagflation' End Game?
Written by Right Side News
Britain in battle over stagflation ... New figures set to confirm that growth has slowed, while unemployment and oil prices rise – a severe problem that blighted the 1970s. Fears are growing that the UK is running the risk of a period of painful "stagflation", as official figures should this week ...
Reads: 920
State Secession or Washington Debt Depression
Written by Ron Holland - The Daily Bell
Everyone with any intelligence in the US and around the world knows that there is no way for Washington to manage the tens of trillions in debt and unfunded liabilities short of ultimate repudiation or hyperinflation. Thanks to Wall Street bankers and the Anglo-American financial elite, our ruinous ...
Reads: 861
Perpetual War for Perpetual Employment?
Written by Anthony Wile
Here at the Daily Bell, we remain convinced that America's serial wars have continually deepened that great country's economic crisis. And this gives rise to a peculiar dilemma that we don't usually point out, but which will be the purpose of this article. It may even explain the reluctance of the ...
Reads: 955
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- Green Auto-Sales Wilt as US Gov Dumps GM Back on Markets
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- What Kind of Gold Standard?
- Dollar Coming or Going?
- Eric Garris on Anti-War Activism, Military Adventurism and the Future of Economic Liberty
- Rick Rule on Scarce Commodities, the High Price of Gold and the Sale of Global Resources
- The Golden Promotion?