You are here

America

Canada Flagged For Recession By BIS

Canada Flagged For Recession By BIS

Authored by Caleb McMillan via Mises.ca,

As if Canadians needed more proof that the country’s real estate is in a bubble, and that this misallocation has spread to other sectors of the economy, the Bank of International Settlements released its latest quarterly confirming what any critical observer can see: binging on debt is rarely a good idea.

Canada’s debt-to-GDP gap is widening and even the central bank of central banks is concerned.

What Wage Growth? Real Earnings Tumble For Second Straight Month

What Wage Growth? Real Earnings Tumble For Second Straight Month

Despite the surge in consumer confidence and exuberance at what lies ahead, real wages for America's average joes declined year-over-year in February (down 0.3%). This is the first consecutive monthly drop in real wages since 2011 (which forced Bernanke to to hint at and then unleash QE2 later that year).

 

 

So not only is The Fed hiking into the weakest GDP growth outlook since 1987, noiw they are hiking into declining real wage growth (something tht has previously driven The Fed to a massvely dovish stance).

Revolutions Are Bloody, But So Is Doing Nothing — Paul Craig Roberts

This is your voice. Support your voice.

Revolutions Are Bloody, But So Is Doing Nothing

Paul Craig Roberts

Graeme MacQueen, a university professor in Canada, calls attention to the American left’s inability to exercise immagination with regard to the reports of the Warren Commission and the 9/11 Commission. A collection of individuals and publications, somehow regarded as leftwing, has proven to be active agents for the conspiratorial state against true dissent.

Pages