Latest Posts
When Will Financial Armageddon Begin?
By Greg Hunter’s USAWatchdog.com
A little more than two years ago, economist John Williams of shadowstats.com predicted a “severe recession” was coming and soon. At the time, I was working as an investigative correspondent for CNN. I interviewed Williams for a story about the coming financial crisis. Most so-called experts, at the time, did not see the financial meltdown coming, let alone that all the banks were in trouble. (more…)
Greg Hunter Guest Hosting on Radio
By Greg Hunter’s USAWatchdog.com
Last week I was asked to be a Guest Host on a very popular morning talk radio show here on the East Coast. It’s called “The Brad and Britt Show.” It airs on WZTK-FM 101.1. The station broadcasts in Central North Carolina and reaches the biggest cities in the state. I filled in for Britt. Both Guys are extremely talented and well liked, so I had my work cut out for me. I have chosen a few links to some highlight clips. The links below will take you to the station website (WZTK 101.1) so you may listen.
Let Them Eat Cake
By PAUL CRAIG ROBERTS
Guest Writer for Greg Hunter’s USAWatchdog.com
It is not unusual for members of the diminishing upper middle class to drop $20,000 or $30,000 on a big wedding. But for celebrities this large sum wouldn’t cover the wedding dress or the flowers. (more…)
Money Printing Is Our Best Bet
By Greg Hunter’s
Monday started out with a bang! There were strong earnings reported from some big banks, manufacturing rose for the 12th straight month, construction spending edged up (mainly due to government projects) and the stock market jumped 200 points. Problem solved—economy back on track, right? Wrong! Tuesday, everything changed. (more…)
The Year America Dissolved
Guest writer for Greg Hunter’s USAWatchdog.com
It was 2017. Clans were governing America.
The first clans organized around local police forces. The conservatives’ war on crime during the late 20th century and the Bush/Obama war on terror during the first decade of the 21st century had resulted in the police becoming militarized and unaccountable. (more…)
What is it?
By James Howard Kunstler
Guest writer for Greg Hunter’s USAWatchdog.com
The New York Times ran a story of curious import this morning: “Mel Gibson Loses Support Abroad.” Well, gosh, that’s disappointing. And just when we needed him, too. Concern over this pressing matter probably reflects the general mood of the nation these dog days of summer – and these soggy days, indeed, are like living in a dog’s mouth – so no wonder the USA has lost its mind, as evidenced by the fact that so many people who ought to know better, in the immortal words of Jim Cramer, don’t know anything. (more…)
Banking Disaster Largely Ignored By Mainstream Media
By Greg Hunter’s
Last week, bank failures quietly passed the 100 milestone for the year. I say “quietly” because the bank failure story has gone largely unreported or, at least, under-reported by the mainstream media. Just to give you an idea of how fast the bank insolvency problem is accelerating, last year, at this time, 64 banks had been taken over by the Federal Deposit Insurance Corporation. So far, this year, 103 banks have already been taken over by the FDIC. (more…)
Government Dodges Dire Gulf Claims
By Greg Hunter’s
Last week, guest writer James Howard Kunstler wrote a compelling and controversial article on this site called, “What If He’s Right.” It was about shocking comments made by veteran oil analyst Matthew Simmons in an interview about some extreme dangers BP’s Gulf gusher pose. Kunstler did a great job with the article, but the comments were so alarming I felt further work was needed to verify Simmons’ claims. (more…)
Irrational Exuberance to Unusually Uncertain
By Greg Hunter’s USAWatchdog.com
The decade of the 1990’s is America’s modern day equivalent of the Roaring 20’s. Back then, we were making great strides in productivity. We had near full employment, the government had a surplus of cash and the stock market was making many people rich. The future looked so bright in December of 1996 that Fed Chief Alan Greenspan warned investors not to get carried away with the good times. (more…)
What If He’s Right?
By James Howard Kunstler
Guest Writer for Greg Hunter’s USAWatchdog.com
More on the Dollar
By Greg Hunter’s USAWatchdog.com I wanted to do a little more on the coming plight of the U.S. dollar. I received this comment from a reader named Billhopen who wrote, “Inflation??? you go to lengths quoting Karl Denninger (Market Ticker) who will tell you its is massive default, delevering, etc that will lead to DEFLATION….Your thesis is lacking on how we get an inflated currency from or situation, and certainly you can’t quote Karl to support that theory.” (more…)
Inflation Nation
By Greg Hunter’s USAWatchdog.com
I have been saying for months the path the country will ultimately take will be the inflation path. Yes, I know we have had some deflationary signs in the past. The financial meltdown of 2008 would have been a deflationary event if the government had not stepped in with cash. (more…)
Media Spin Will Not Stop the Coming Downturn
By Greg Hunter’s
There is hardly a day goes by I don’t hear some spin about the economy and how the so-called “recovery” is progressing. Last week’s job numbers is a classic example. It seems the jobless claims fell to an eight week low. (more…)
A Nasty Email Says I Don’t “Get It”
By Greg Hunter’s
I got this rather nasty email from a reader who identified himself with only an email address. So, I am going to identify this person with the first part of the address, which is Jdavidm24. Here is what he had to say about my most recent post called, “Two Stories that Should Scare the Heck Out of You.” (more…)
Two Stories that Should Scare the Heck Out of You
By Greg Hunter’s
I was sitting here trying to find a way to wrap up the week and then, like a bolt of lightning, an idea hit me. Gold expert Jim Sinclair sent me this story: “Federal Budget Deficit Hits $1 Trillion For 1st 9 Months Of FY’10.” The story said, “The shortfall, reflecting $2.6 trillion in outlays for the first three quarters and $1.6 trillion in receipts, narrowed slightly compared with the same point in fiscal 2009.” (more…)