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  1. Financial Forum
    Latest estimate: 0.0 percent — June 15, 2022 The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2022 is 0.0 percent on June 15, down from 0.9 percent on June 8 https://www.atlantafed.org/cqer/research/gdpnow
  2. Financial Forum
    OK, so as I understand it ... each year there is a deficit, or when the US Govt decides it needs a large amount of money (say for a massive societal relief bill), the following happens: Treasury says "I don't have enough money for this. I need to borrow. I'll issue bonds" Businesses and...
  3. Financial Forum
    Yellen: I would 'forcefully' oppose Audit the Fed efforts http://thehill.com/policy/finance/227474-yellen-i-would-forcefully-oppose-audit-the-fed-efforts
  4. Financial Forum
    David Stockman, former budget director for Ronald Reagan spells it out plain and simple in the USA Today. He is sharp and knows his stuff. http://www.usatoday.com/money/economy/story/2012-03-03/david-stockman-says-economic-disaster-lurks/53339644/1 "The consequences are horrendous. If you...
  5. Manmade and Natural Disasters
    this video is well worth seeing get ready to hold your sides http://market-ticker.org/akcs-www?post=174362
  6. Manmade and Natural Disasters
    http://www.nypost.com/f/print/news/opinion/opedcolumnists/the_road_to_us_insolvency_crisis_YL5x9IN5dpdQ6gc70IO2gJ put it in the context of this news today on MSN money Round 3 of Federal Reserve currency devaluation (QE3)...
  7. Financial Forum
    Bill Gross, CEO of PIMCO, estimates that the Fed's easing will pave the way to a 20% drop in the dollar over the next few years. Fed Easing May Mean 20% Dollar Drop: Bill Gross http://www.cnbc.com/id/39957072 Good article to read. He also states that: "Pension funds and Americans, in general...
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