Historical Archives

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The Farm Bubble has Burst

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Buy This Dead-Cat Bounce At Your Own Risk

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Memo From Goldman Traders------Thanks For The Insured Deposits, FDIC

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More Bad Economic News From The Oil Patch

At the end of August, the US Energy Information Administration reported that it had been overstating domestic demand for oil and energy products to a considerable degree. Using imprecise and lagging data, the calculations for the amount of product being exported overseas was understated by an average of 16%. That meant more output was being...

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Book Review of David Stockman’s “Trumped! A Nation on the Brink Ruin”

Dave Stockman released his latest book “Trumped! A Nation on Brink of a Ruin” on Monday. I read an advance …

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Trump Slams Fed's "False Stock Market", Says Yellen Should Be "Ashamed"

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The US Consumer Taps Out: BofA Internal Credit Card Data Shows Retail Spending Tumbles

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Red Ponzi Keeps Sinking----Despite Beijing's Desperate Efforts To Goose State-Owned Enterprizes

The US is not alone in its corporate profit slump. In China, profits at State-Owned Enterprises fell a further 6.5% year-over-year in the January to July period. Estimated to have been RMB 1.31 trillion (about $195 billion), SOE profits are being dragged down by those firms under control of the central government. Locally-administered SOE’s showed...

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The Folly Of Economists: Negative Interest Rates

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Obamavilles-----Tent Cities Full Of Homeless People Are Booming In Cities All Over America

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David Stockman's Contra Corner is the only place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked. Subscribe now to receive David Stockman’s latest posts by email each day as well as his model portfolio, Lee Adler’s Daily Data Dive and David’s personally curated insights and analysis from leading contrarian thinkers.