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Monthly Archives: January 2014
Stiglitz on disappointing job growth
The impotent US Fed may be stuck at the zero bound on its policy rates. But their monetary policies are no longer stimulative for the real economy. Nobel prize winning economist Joseph Stiglitz weighs in on the disappointing US jobs … Continue reading
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ECRI updates 2012 recession call
Lakshman Achuthan, Economic Cycle Research Institute, explains why he thinks the U.S. economy is in a recession but we just don’t realize it. Here is a direct video link. ECRI further offers this chart today comparing the 101,000 new jobs … Continue reading
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Volcanoes: Nature’s ticking time bombs
If you think we’re living in an unstable world, just listen to this: only one percent of our Earth is solid rock. Most of the other 99 percent is an oozing, mass, churning beneath our feet like road tar at … Continue reading
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