TYR reads Lacy Hunt: “No Increase in Standard of Living Since 1997”

In the following video posted @ Casey Research, Mr.Hunt convincingly argues that the increase in debt levels in the economy  from about 240% of GDP to 350% of GDP since 1997 is the real cause behind the stagnation of the standard of living in the USA during the same period. On a broader scale, the interventionist, … Continue reading TYR reads Lacy Hunt: “No Increase in Standard of Living Since 1997”

TYR 18 September 2012 reads

Scientific Paper: “The Fukushima Radioactive Plume Contaminated the Entire Northern Hemisphere During a Relatively Short Period of Time” @ Washington's Blog The peer-reviewed scientific journal Science of the Total Environment reports: the Fukushima radioactive plume contaminated the entire Northern Hemisphere during a relatively short period of time. U.S. Household Incomes: A 44-Year Perspective @ DShort Mean Household Income (MHI), … Continue reading TYR 18 September 2012 reads

“The Fed Will Destroy The World” – Mark Faber

In an interview on Bloomberg TV today, Mark Faber comments on the FED's decision yesterday to start a QE (money printing) program of indefinite size and duration, starting at a rate of 40 billion per month of Mortgage Backed Securities (MBS). The most interesting and frightening part of the FED's press release reads "… If … Continue reading “The Fed Will Destroy The World” – Mark Faber