Imagine your doctor put you on a daily dose of oxycontin, phenobarbital and Quaaludes for six years straight. Then he suddenly cancelled your prescription. Do…
Federal Reserve System
One of the great mysteries surrounding the US economy is the seemingly inexplicable discrepancy between the plunging unemployment rate on one hand, which at 5.1%…
Denying women full participation in the global economy is costly.McKinsey & Co. has now calculated by just how much. Full gender equality would add 26…
Jack reviews briefly the apparent flip-flop by Janet Yellen, chair of the US central bank, in her talk on September 24, as she shifted course…
It’s been so easy the past 15 years for local governments in the USA, state governments, government authorities, corporations, banks, hedge funds and the US…
Jack Rasmus discusses the US Federal Reserve’s decision to keep interest rates near zero and keep free money to banks and speculators flowing. Jack explains…
Shares and stocks are tumbling around the world, with investors worried that the next global crisis has already begun. There is considerable uncertainty and nervousness amongst economists…
The stock market is down. It must be some crazy thing China has done. Those Communist countries just don’t understand how capitalism works. No, wait!…
What color is the daytime sky over your home? Is it a deep clear blue that seems to extend to eternity, or is it a…
On August 27th, I had the opportunity to address the Aspen Institute, UNIFIMEX and PWC in Mexico City during a Q&A with Patricia Armendariz. Subsequenty,…
There was something for everyone in August’s US jobs report. The headline figure for jobs growth was less than expected, but the last two months…
Doom and gloom “porn”, this is the new troll term to describe the realities being described by those who use math and pure logic to…