CNBC commentator Michael Pento, producer of the weekly podcast “The Mid-week Reality Check,” and author of The Coming Bond Market Collapse, presents data from leading economic indicators and argues that the U.S. has already entered a recession when factoring in CPI inflation. He warns that equity markets have priced themselves for a strong recovery and are ill-prepared for […]
Bill Gates, number one on Forbes’ Billionaires list, has a solution to reverse global poverty–chicken farming! Gates suggests that even a single chicken per household can change the economic circumstances for an incredible number of families around the globe. Source: Why Bill Gates Says Chickens Are the Answer to Global Poverty – and the Reason He’s ‘Never Raised’ One Himself
George Friedman, a geopolitical forecaster and strategist, and founder and former chairman of Stratfor, a prominent consulting firm to the U.S. military and intelligence agencies, has some sobering predictions for us…and it doesn’t sound good. Source: GEORGE FRIEDMAN: A crisis is brewing that will tear the global system apart – Business Insider
Steve Blank, is a professor and creator of the lean startup movement. In a recent interview with Inc.com, he suggested that the role of VC’s has shifted over time, and that it may be signaling that the Silicon Valley bubble is ready to burst. Source: Steve Blank on the Tech Bubble: ‘VCs Won’t Admit They’re In a […]
John Mauldin asserts that GDP growth has only two basic components: growth in productivity and growth in the workforce size. You can grow an economy by increasing the working-age population or by increasing productivity; it can’t be done with central bank magic fairy dust…. Source: These 9 Charts Explain The Global Economic Slowdown — And Why Central Banks Can’t Fix […]
We’re seeing the same telltale signs that we did a decade ago, writes Michael Brush in a recent MarketWatch article. Does that mean we have planted the seeds for the next housing crash? Read on and decide if you agree or not.