fake news
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“Fake News,” GDP Edition

With “fake news” a dominant conversation topic in recent months, we would like to remind readers that “non-GAAP reporting” has only recently became a distinctly political phenomenon, although it has been present in economic and financial circles for a long, long time. Nowhere is this more obvious today, than in the following “headline” revision from Read More…

collapse
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Ron Paul: Economic Collapse Imminent — Trump will Get the Blame Instead of the FED

If former Rep. Ron Paul (R-TX) is correct, an Economic Doomsday is here. The second financial bubble is going to soon burst, and there’s nothing anyone can do about it. That’s because, as Paul stated, the Federal Reserve has set up the American economy for financial collapse for printing trillions of dollars back in 2008 Read More…

India's
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Cashless Biometrics And India’s Demonetization Experiment

Well, that didn’t take long. In the wake of India’s demonetization of the 500 and 1,000 rupee notes last November, I wrote an editorial (“Crisitunity in India’s Cash Crunch“) where I noted that one significant reason for the drastic move was the chance to rein in India’s sizable informal economy: In India, they call cash Read More…

goldman
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Actually, Goldman Sachs ‘Hacked’ the Presidential Election

As the media continues to parrot American intelligence agencies’ as-of-yet unsubstantiated claims that Russia hacked the U.S. election, there is far more evidence to implicate an equally dangerous infiltrator: Goldman Sachs. The infamous banking company, which was widely implicated in the 2008 economic crash, appears to have come out on top in the most recent Read More…

afghan
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Hundreds of Millions of US Tax Dollars Spent on Non-Existent Afghan “Ghost Soldiers”

Special Inspector General for Afghanistan Reconstruction (SIGAR) John Sopko is once again warning about the long-standing problems of corruption in Afghanistan, and the amount of US “reconstruction aid” disappearing down black holes over the course of the years. As always, the discussion came around to “ghost soldiers.” Ghost soldiers are a phenomenon in which Afghan Read More…

recovery
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The False Economic Recovery Narrative Will Die In 2017

Yes, the narrative of the “new normal” has been around for so long now that many people have simply grown used to it. The assumption is that the fiscal “new normal” has become the fiscal “normal,” and though the fundamentals continue to strain under the weight of poor global demand and historic debt levitated by Read More…