ECONOMY
Trump Makes Imports Great Again With Two New Record Trade Deficits
The Census Department reports two new records trade deficits in January. For those who appreciate record-breaking efforts, I am pleased to report the International Trade in Goods and Services report for January has many new records to consider. Trade Details Real Goods in 2017 Dollars – Census Basis In retrospect, I am […]
12 Shocking New All-Time Economic Records That Are Being Reported In 2025
The U.S. economy was steamrolling in the wrong direction for four years under Joe Biden, and now we have an extraordinary mess on our hands. Nobody can deny that our economic numbers are absolutely horrible right now. GDP growth is expected to be negative during the first quarter, inflation is rising again, home […]
The Clean Industrial Deal
The European Commission crafted a new strategy to funnel money into climate change initiatives—The Clean Industrial Deal (CID). The European Union has watched as these net zero carbon goals slowly strangle their economies. Yet, those in charge believe they can achieve net zero by 2050 through perpetual spending. The Clean […]
DOGE, The Epstein List, and World War III
WWE theater front and center I have criticized Donald Trump countless times for his pattern of promising, bloviating, then backing off. Or more often flip flopping. I coined the term the Trumpenstein Project to explain his befuddling behavior. He talked the talk, but never walked the walk. All toupee and […]
Gold’s Historic Rally
Even casual observers know that gold has been trading near all-time highs lately. The dollar price of gold has been trading around $2,955 per ounce, quite close to the all-time closing high and near the recent intraday high just below $3,000 per ounce. Since November 1, 2022, gold has rallied […]
A Monetary Reset Is Coming
“Crisis Investing” Issue 2 / February 2025 – Vol 2 Dear Reader, On a September evening in 1985, finance ministers from the world’s largest economies gathered at New York’s Plaza Hotel for what would become one of the most significant currency interventions in modern history. The dollar had become too […]
Ending Incentives for Migrants
Executive order “Ending Taxpayer Subsidization of Open Borders” was signed into law by Donald Trump on February 19, 2025. Homeland Security arrested around 20,000 illegal migrants during Trump’s first month in office, but that is a drop in the bucket. Agencies must now act swiftly to ensure that we are […]
Three Ways to Restore Housing Affordability
The choice is simple: housing is either shelter for citizens, or it’s just another interchangeable speculative asset in the global financialization casino. It can’t be both. We tend to think of housing becoming unaffordable as a matter of land prices, zoning and the cost of 2X4s, but it’s fundamentally a […]
Initial Unemployment Claims Spike by 22,000 Not DOGE Related
Unemployment claims jumped but it’s not Federal in nature. Today, the US Department of Labor released Unemployment Claims for the week ending February 1. This included data on initial unemployment claims. Initial Unemployment Claims Initial Claims and 4-Week Average DOGE, Random, or Something Else? The Department of Labor data rules out DOGE. […]
The Federal Reserve Killed the Penny. Is MAGA Next?
President Trump recently issued an executive order instructing the US Mint to stop producing pennies. The reason for this is it costs nearly four cents to produce one penny. That’s right: the US government can’t even make pennies without losing money! President Trump may have signed the death certificate, but […]
