State of the Economy continued

The public has no concept of how long it will take to recover . . . if nothing bad happens, such as the bust of Medicare.... keep reading

This 40-year chart makes no sense, yet it is crucial. I think. Maybe. And if it isn't, what is going on?... keep reading

If you want to understand why the banks nearly went down, read this -- published in a most improbable place (outside the United States)... keep reading

The optimism regarding May will not survive the report on June.... keep reading

If the recession ended tomorrow, what would happen to the housing market?... keep reading

The analysts cannot make up their minds.... keep reading

Look at this ratio to see just how bad it is.... keep reading

The mainstream media are shameless. It's great that they are dying.... keep reading

Lemmings can't think straight. Are you a lemming? See if you can spot the errors in just one major media financial piece.... keep reading

The problem is not just defaults. It's who will get stiffed.... keep reading

This is not getting publicity. It should.... keep reading

"How bad is it?" Ed McMahon used to ask Johnny Carson. The Bureau of Economic Analysis has answered this qurestion.... keep reading

Watty Piper would not approve of my use of his famous story.... keep reading

Why there is no turning back from the hamstrung economy, and why you must plan accordingly.... keep reading

This man is an economics reporter with the New York Times. He monitors the Federal Reserve. He never saw it coming. He is not alone.... keep reading

Old guys remember. You may not. This is a bladder-emptying summation of where we are now and where we are headed.... keep reading