Tuesday, July 7, 2015

Episode 165, Is This the Start of "The Collapse"?

Two important events happening in the world today:
  1. The Greek technical default on the debt it owes the European Union.
  2. The crashing of the Chinese stock market.
Do either events, or both, portend the start of The Collapse?  Will future historians declare either as having triggered the chaotic descent into catastrophic hard times, which many of us believe will be worse than the Great Depression?

In this show I review the criteria I've laid down, in the form of the economic benchmarks, for declaring that The Collapse has arrived. These include metrics for the US stock markets, unemployment, and gross domestic product.

We then look at the two situations, the Greek default and the China stock market crash, with an eye toward assessing the severity of their impact on the rest of the world.

Will either event "trigger" The Collapse we're expecting? Listen and find out!

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Wednesday, July 1, 2015

Episode 164, Listener Don Returns to Liberty Ridge

Topics we discuss whilst relaxing on the porch:

  • Ferguson, Baltimore, and Charleston
  • The Supreme Court and Obamacare
  • The Supreme Court and same-sex marriage
  • Cornell West's charge that Obama is too intimidated to fight white supremacy (and Fred Reed's response)
  • The BLS unemployment stats propaganda
  • Texas' new precious metal repository
  • The Federal Reserve ZIRP
  • Greece, Puerto Rico, bank bailouts, and the end of cash
  • The Chinese hack of OPM and ISIS
  • After Civil War 2--the war crimes trials--who's on trial, and what are the charges?
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