The Truth About the Paul Ryan/Paul Krugman Flap
The New York Times' leftist columnist Paul Krugman has garnered some headlines recently for attacking the House Republican alternative budget proposal, the so-called...
Economics
Is America Headed Toward a Japanese-Style Economic “Lost Decades”
Just one week after James Bullard of the St. Louis branch of the Federal Reserve Bank released a paper declaring that “the U.S....
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CBO Warns of Greek-style U.S. Debt Crisis
The non-partisan Congressional Budget Office released its most dire warning yet of a looming U.S. debt crisis, openly comparing the U.S. budget situation...
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Smelling a Rat at the IMF
“I smell a rat,” says Robert Wenzel, editor and publisher of EconomicPolicyJournal.com. The rodent whose odor Wenzel detects is the International Monetary Fund...
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Alternative Currencies Flourishing in Germany
Since the introduction of the European single currency, 23 different regional currencies have started circulating in Germany as people aim to revitalize local...
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UN Steps Up Attack On Dollar, Calls for World Currency
After strong criticism of the U.S. dollar in recent weeks from world leaders, the United Nations added more pressure with yet another scathing...
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CBO Labels Current U.S. Debt Path “Unsustainable”
The non-partisan U.S. Congressional Budget Office declared that the U.S. government is on an “unsustainable” path of accumulating debt in a new analysis...
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Banks, Analysts Warn of Massive Money Printing Ahead
As credit and economic activity continue to contract, analysts are warning of big problems and unprecedented fiat-money creation by the Federal Reserve System...
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NYT’s Krugman Claims Europeans Balancing Budgets Means Worldwide Depression
Several European nations recently announced spending cuts to bring their budgets closer to balance in the wake of the current global economic recession,...
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Double Dip Evidence Piling Up
When John Hussman, in his Weekly Market Comment, noted that the Economic Cycle Research Institute’s (ECRI) Index “has slumped to the lowest level...
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World Leaders Attack U.S. Dollar
The attack on the U.S. dollar as the world’s reserve currency intensified over the weekend as French President Nicolas Sarkozy and Russian President...
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Alternative Currencies
The Federal Reserve’s monopoly on money and credit has caused so many problems for average Americans and the nation that addressing this issue...
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Inflation, Deflation, and a Potential Second Stimulus
The Obama administration is pushing for a second “stimulus” package as the amount of money flowing in the U.S. economy contracts at a...
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Private Wages Shrink — Government Programs Swell
“Paychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of this year,” according...
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13 Trillion and Counting
When former Comptroller General Bill Walker, who headed the U.S. Government Accountability Office, said two years ago that the “official” debt of the...
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