2018-04-17 04:14
"Enron Accounting" Has Bankrupted America: U.S. Deficit Really $202 Trillion, Boston University economics professor Laurence Kotlikoff says.As the deficit grows so does the national debt, wh… Read More
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Economicrot Blog
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Discussion of Housing Bubble, US Dollar, Debt, Trade Deficit, Oil, Gold, Consumer Spending, Central Banks, Inflation, Outsourcing and the Bleak Future of the US economy
This Blog and/or the articles contained within have been referenced, linked or quoted in: Businessweek online, WSJ Online, Dollar Collapse, Safehaven, Silverbear Cafe, Financial Armageddon, Yahoo & Google Finance -- among many other blogs & web-pages... Thanks for stopping in for a read!
2018-04-17 04:08
I've been writing about the Las Vegas housing market for years and have even stated for the record (on several occasions) that this market will eventually fall to a level where the median ho… Read More
2018-04-13 20:38
Our once great nation has become a culture of unrestrained corporatism with marketing and consumerism superseding collective responsibility. We've become a corrupt, decadent and morally bank… Read More
2011-09-04 13:06
Click any image to enlarge - enjoy! Read More
2011-08-21 17:13
A friend sent me a question via email today asking my opinion on a housing related question; thought I'd share:Question: "Randy, what happens when the majority of America walks away from th… Read More
2011-08-20 11:55
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2011-08-19 11:41
As you can clearly see, panic in the markets is causing a huge rise in the price of gold as investors seek safety, but also look to exit fiat paper currencies, as they race to the bottom of… Read More
2011-08-17 12:34
2011-08-17 12:34
2011-08-07 10:21
U.S. Credit Downgrade: Standard & Poor's Warn More Downgrades May ComeWorld Leader Emergency Meeting; and China: "the good old days when US could just borrow its way out of messes of its… Read More
2011-08-06 16:23
2011-07-31 14:28
2011-07-24 18:29
2011-07-02 15:06
2011-06-25 04:19
2011-05-28 14:12
It's been a while, so a few more than usual today - enjoy! Read More
2011-04-16 13:21
2011-04-10 03:56
I wrote this article back in Jan of 2008 in an attempt to shed light on the past history and likely future of the US Dollar as the World's reserve - bottom line: in this article, I stated th… Read More
2011-03-05 14:31
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2011-02-06 15:27
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2011-01-22 15:58
2011-01-22 15:47
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2011-01-16 23:34
2011-01-11 03:55
- Dem planning bill that would outlaw threats to lawmakers (link)- Newt Gingrich is pushing for legislation that will allow insolvent states to be taken off bailout support and file bankrupt… Read More
2011-01-09 14:46
Click any image to enlarge- enjoy! Read More
2010-12-31 14:56
Happy New Year everyone! Click any image to enlarge Read More
2010-12-22 21:09
A wave of defaults by state and local governments in the coming months will spark a selloff in the municipal bond market, hurting US economic growth and stocks and causing social unrest as g… Read More
2010-12-19 21:58
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2010-12-12 15:04
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2010-11-27 14:17
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2010-11-25 13:20
Protests against austerity measures have flared in cities across Europe. Portugal has ground to a halt, as workers stage a 24-hour general strike over public sector pay cuts and tax rises. I… Read More
2010-11-20 19:29
2010-11-15 12:41
Very powerful song by James McMurtry - discusses the loss of our (once great) manufacturing base, and the hard times that many Americans currently live in. Unfortunately, for most Americans… Read More
2010-11-13 21:19
2010-11-13 13:31
2010-11-08 12:52
Former Assistant Secretary of Housing under George H.W. Bush Catherine Austin Fitts blows the whistle on how the financial terrorists have deliberately imploded the US economy and transferre… Read More
2010-11-06 19:27
2010-11-05 11:38
HA! And the experts claim the recession (depression) is over Read More
2010-11-01 02:12
Superb new video just released from the National Inflation Association (NIA)While watching, note one of the common threads running throughout the piece - apathy. I think you'll agree that mo… Read More
2010-10-30 12:38
Short video that gets straight to the point - enjoy! Read More
2010-10-30 02:45
S&P Case-Shiller housing data was released Tuesday (report). Bottom line up front: The report noted a deceleration in home price growth rates in most of the areas surveyed. Take a look a… Read More
2010-10-30 02:43
Click any image to enlarge - enjoy! Read More
2010-10-28 04:19
If you haven't been hiding under a rock over the last few years, you're probably already aware of some of the various #1 records Las Vegas has attained during this period - records to includ… Read More
2010-10-27 12:41
2010-10-27 12:11
Click any image to enlarge.The first cartoon below speaks volumes and basically says it all - our nation and political systems are "owned" by the banking cartel, and due to their various mis… Read More
2010-10-21 12:06
2010-10-18 02:46
Link to Part 2Link to Part 3 Read More
2010-10-16 13:22
Click any image to enlarge - enjoy!! Read More
2010-10-09 18:25
Click any image to enlarge - enjoy! Read More
2010-10-08 03:52
It's been one of the biggest stories of the year - the rapid rise of the gold price. As uncertainty and recession have gripped global buyers everywhere they have headed to one of the safest… Read More
2010-10-07 04:13
Before looking at the charts below keep in mind the following: No country in the history of the world has ever been successful in printing their way to prosperity, and the outcome will be no… Read More
2010-10-03 16:42
Bloomberg Interview w/Jeffrey Nichols (Sr. Economic Advisor to Rosland Capital). Jeffrey: "Great chance of $1500 by EOY"; the gold market is very small market compared to world equity, curr… Read More
2010-09-29 23:47
The employment company CareerBuilder, in partnership with Harris Interactive, conducts an annual survey to determine the percentage of Americans living paycheck to paycheck. In 2007, 43 perc… Read More
2010-09-28 11:38
Breaking tradition, top American graduates are heading to India to find jobs and opportunity. Many believe that having experience in India is an important addition to their resume in this in… Read More
2010-09-25 15:51
Click any image to enlarge - Enjoy!My Depression (a closing funny):Over five thousand years ago, Moses said to the children of Israel, "Pick up your shovels, mount your asses and camels, and… Read More
2010-09-24 12:20
Jim Rickards on CNBC talks about gold, the dollar and their relationship.Baring hyperinflation, $5K gold sounds about right: Gold How high? (a Jan 2008 post)News from early Friday Morning:… Read More
2010-09-20 12:12
GATA's Adrian Douglas makes the case for bullion bank metals price supression, and for the TRUE value of one ounce of gold and silver Read More
2010-09-15 12:53
Should you invest in it? Is it in a bubble? Ha! I think the better question would be: Should you stay in bubblicious dollar-denominated paper investments (someone else's liabilities)?six m… Read More
2010-09-14 12:39
In a speech on the US economy in Ohio, US President Barack Obama said he recognized that the recovery has been painfully slow and he called on congress to act by cutting taxes for businesses… Read More
2010-09-11 13:23
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2010-09-08 12:50
Strong action indicates we may see a couple of new records today, even thought both are a bit overbought...Excellent read: Gold Entering a Virtuous CircleGOLDSILVER Read More
2010-09-08 12:18
The big three credit-rating agencies that totally missed the meltdown of the subprime mortgage market (Moody's, Standard & Poor's and Fitch) still give the United States a AAA credit rat… Read More
2010-09-06 16:13
This superb series is about how those in power have used Freud's theories to try and control crowds in an age of democracy.Sigmund Freud, the founder of psychoanalysis, changed the perceptio… Read More
2010-09-05 15:37
Related: Obama Hauls Arizona Before the UN Human Rights Council Snippet: This national report is but the first step of the international government’s review process. On November 5, the… Read More
2010-09-04 13:59
A ticking time bomb of American debt. Over $830 billion are owed by college students in the US with $3 thousand more added on every second. The most traditional financial baggage for America… Read More
2010-09-04 12:03
Click any image to enlarge - enjoy! Read More
2010-09-01 04:27
Note: click on any chart to enlargeDOW Chart looks bearish with a falling MACD (bottom of the chart), but it is a bit oversold right now and has a rising Full STO (top of the chart). I anti… Read More
2010-08-29 13:45
Superb interview w/Peter Schiff discussing housing, debt, funny money, moral hazards, Congress, etc. Bottom line: many dangers lie ahead with the likely end-game being a inflationary depres… Read More
2010-08-28 14:11
Click any image to enlarge - enjoy! Read More
2010-08-21 14:11
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