There Are No Currency Wars

There are no “Currency Wars”. There are no currency wars – just coordinated central bank manipulations. Central Banks are in a coordinated relay race to debase with each central bank taking turns debasing their currencies. “Currency Wars” is an often repeated urban meme. Podcast Summary 0:00-5:00 Introduction Retail Sales 5:00-9:18 the U.S economy is based Read More →

The Labor Force Participation Rate

The Labor Force Participation Rate. The Non Farm Payroll number showed “robust” job gains and the unemployment rate fell to 5.5%. Yet, the labor force participation rate is down for all age groups since the Great Recession began, other than for those 55 years and older. Podcast Summary Intro 0:00-4:40 Job Led Recovery? or Jobless Read More →

The Three Legged Economic Recovery Propaganda Stool

Chart showing new home starts from 1960-2015

The Stock Market and the Inflated/Spun Real Estate Market and Job Numbers The false economic recovery story is based on a rising stock market and positively spun poor housing and jobs data. The media’s spins bad economic data by using words and phrases like “lofty” “robust” “accelerating” and “strengthening” to describe the tepid job and Read More →