Almost one year ago, in March 2015, we explained how "The Fed's Artificial Steepening Of The Yield Curve" has resulted in many unexpected consequences, the most important of which has been the erroneous interpretation of the yield curve as a leading recessionary signal. As said back then, "the artificially steep yield curve is a reflection of policy intent not economic reality....
Submitted by Michael Snyder via The End of The American Dream blog,
Are you living “the American Dream”? If so, you should consider yourself to be very fortunate, because most Americans are not.
Iran enjoys trolling the United States. In fact, it’s something of hobby for the Ayatollah, who has maintained the country’s semi-official “death to America” slogan even as President Rouhani plays good cop with Obama and Kerry.
Former U.S. Ambassador Henry Cooper has warned that North Korea may launch a ‘satellite’ concealing an electro-magnetic pulse (EMP) device, capable of completely crippling the U.S., wiping out the countries electrical grid for years. Cooper, who was President Ronald Reagan’s chief representative in the Star War program, says that the U.S. doesn’t have the capabilities to defend itself against a potential attack from Pyongyang, whether its in the form of a nuclear device or an EMP weapon.
Are The Payroll Jobs Reports Merely Propaganda Statements?
Paul Craig Roberts
US economics statistics are so screwed up that they do not provide an accurate picture.