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great recession

Global trade growth at the worst levels since the Great Recession

On Sept. 27 the World Trade Organization (WTO) cut its forecast for global trade in 2016 by 1.1% to the lowest levels since the Great Recession period of 2009-10. Originally forecasting a growth rate of […]

Obamavilles rising to compete with Great Depression Hoovervilles

Back in the early 1930’s, President Herbert Hoover was labeled with a phenomenon that carries over even today… the rise of shanty towns of homeless people that were known as Hoovervilles.  And it was these […]

June Fed rate hike chances crushed as new jobs collapse and uncounted non-workers soar

Over the past few weeks we have spoken alot on the Fed’s use of public announcements by its cadre of regional Fed Presidents to try to sway markets into believing that the central bank was […]

Corporations defaulting on debt at levels not seen since the Great Recession

By now every real investor knows that stock markets are rigged not on fundamentals and technicals, but on Federal Reserve and ESF interventions.  And no greater example of this can be evidenced when Goldman Sachs, […]

Goldman Sachs fined only $5.1 billion for causing 2008 financial crisis

It pays to know the right people when it comes to most things in life, and this axiom cannot be said any better for the financial institution known as Goldman Sachs.  Seven years ago, the […]

China creating nearly three times more small businesses per year than the U.S.

Following the 2008 Credit Crisis, banking policies changed as lending to and for small businesses became a risk that these institutions decided was far too costly when they could simply borrow from the Fed, and […]

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