Historical Archives

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How Central Banks Are LBOing The World In One Stunning Chart

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Meet Gulmurod Khalimov----new Islamic State Top Commander Trained By US Special Forces

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Imperial Washington Versus Little America

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Elon Musk To Employees: Cut Costs For The Next "4.5 weeks" So Tesla Can Raise More Capital From The Goldman Mullets In Q4

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Apple's $14.6 Billion Tax Bill And The Impossibility of "Worldwide" Source Corporate Taxation

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A Pleasant Lull Before The Next Election BS Eruption

Support this blog by visiting Jim’s Patreon Page! A pleasant lull lies over the land where today fewer people labor honestly — and some labor gruelingly for too little — while a matrix of rackets sustains the illusion that our living arrangements have a future. Is Quarterback Colin Kaepernick on the minds of the millions moiling more »

The post A Pleasant Lull appeared first on KUNSTLER.

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The Fed Fiddles While The Free Market Burns

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The Greater Depression, Part 1

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Weak August Tax Collections Mean US Recession Near, Another Fed Delay

Real time withholding tax collections slumped badly in August after skyrocketing in July. The growth rate is now back to the lowest levels of the past year. As of September 1, the annual rate of change was +1% in actual, nominal terms versus the corresponding period a year ago.  That would be a negative number…

The post Lower August Tax Collections Suggest US Near Recession, Fed To Delay Again was originally published at The Wall Street Examiner. Follow the money!

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Below The August Jobs Headline----Even More Weakness

In the technical notes for the Employment Situation Report, the payroll numbers that everyone obsesses over in fine detail, the BLS still shows a 90% confidence interval at 1.6 standard deviations that works out to +/- 115k. That means that whatever number gets splashed onto every headline and worked into every major commentary piece isn’t...

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