Category Archives: Main Page

70% of Americans made less real wages in 2012 than 1979

Not only are 70% of Americans earning less real wages, but they are more indebted, so spending power is much less than in 1979. This is why demand is weak. And no Central Banks can’t fix that. To the contrary, … Continue reading →

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Strong dollar and deflation haunt asset prices this Halloween

The Bank of Japan spooked another massive short-covering rally in global stocks today even while central banks are clearly not stimulating the global economy and deflation continues to haunt them with mounting downside to global revenues, GDP, emerging markets, currencies, … Continue reading →

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Over-priced financials last leg under Canadian stock market

Four of the big 6 Canadian bank CEO’s are cashing out this year at the top of the Canadian consumer credit bubble. After reaping a fortune working to ramp the country up in debt and financial leverage over the past … Continue reading →

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