Russia, Ukraine and The Dollar

Russia and the Dollar The imposition of sanctions on Russia appear to be working as the rouble has tumbled. Is this a short term victory of the US & EU over Russia? The Fed Produces Nothing, Yet Drives the U.S. Economy Podcast Summary: Introduction: 0:00-6:18 Russia, Ukraine and The Dollar 6:18-12:40 Discussion of the U.S. Read More →

The Fed Prints $4 Trillion Then Changes the Subject

The Fed has printed $4 trillion dollars. Attention is now focused on what they will do with interest rates, rather than $4 Trillion on their balance sheet. Podcast Summary: 0:00-6:15 Introduction Deficits Don’t Matter Again 6:15-11:34 Discussion of the renewed focus on the Fed’s policy towards interest rates now that they claim they will stop Read More →

The Difference Between the Great Depression and The Great Recession

The Great Depression vs. the Great Recession The Great Depression taught savings and thrift, while the Great Recession has taught borrowing and speculation. The Great Depression Taught Savings and Thrift- The Great Recession Borrowing and Speculation Podcast Summary: 0:00- 6:30 Introduction The Real Estate Market Stagnates Despite Historically Low Interest Rates 6:40 -18:50 discusssion of Read More →

Russia’s Plan to Bankrupt the United States

The Impact of Sanctions on Russia U.S. sanctions on Russia may cause a move away from the dollar creating price inflation in the U.S. and causing the U.S. to spend more on social programs. Podcast Summary: 0:00-7:00 Introduction What if they Held a Recovery and No One Came? 7:00 – 17:15 Discussion of the lack Read More →

Recovery! Recovery! Recovery!

The Media’s Economic Recovery The economic recovery has been a six year media event with no real economic gains. Podcast Summary 0:00-5:14 Introduction GDP 2nd Quarter = +4.0% 5:15-11:00 The job recovery, the housing recovery and the economic recovery have been a six year media event. The Fed prints dollars 24/7 for six years, keeps Read More →

Is the Stock Market Ready To Collapse?

Is the Stock Market Ready to Collapse With the stock market at all time highs in a weak economy, is the stock market fixing to collapse? Podcast Summary 0:00-4:14 Introduction The Housing Market is Dead. 4:14-11:49 Even though interest rates are low and the weather is fine, the housing market is not improving. House prices Read More →

Are Bank Failures in Portugal and Bulgaria Isolated Issues?

Bank Failures in Portugal and Bulgaria Do bank failures in Portugal and Bulgaria represent a systemic issue in the global banking system? Update July 16, 2014: Portuguese Telecom Loses Portion of Merger Due to $1 billion non payment by Portuguese Bank Update July 18, 2014: Second Largest Portuguese Bank Declares Bankruptcy Podcast Summary 0:00 – Read More →

A Tale of Two Interpretations of Economic Data

Two Interpretations of Economic Data Is the Economy Improving as the main stream media claim, or do the alternative media have it right- there is no economic recovery? The mainstream media claims the economy is accelerating; the alternative media isn’t having any of it. Who’s right? Podcast Summary: 0:00-3:54 Introduction 3:54-4:45 Review of the five Read More →

How The Fed and The U.S. Punish Their Enemies and Their Allies

The Fed and the U.S. work in tandem to ensure dollar hegenomy. Podcast Summary: 0:00-3:47 Introduction The Fed on GDP, Inflation and The Economy. Is the Fed Just Applying Palliative Care to the Economy or Are They Delusions Doctors? 3:47-8:36 discussion of the Fed President statements on the economy. All are projecting an accelerating economy Read More →

Stop Calling it an Economic Recovery!

The Fed met this week and delivered the news: the economy is recovering & the end of QE is near. The end of QE may be near but the economy is not recovering. Don’t Call it an Economic Recovery. Podcast Summary: 0:00-4:05 Introduction Could Just About Anyone Do Janet Yellen’s Job? 4:05-5:05 discussion of Janet Read More →