The Next Recession Will Be The Last!

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Apr 22

In an interview with X22 Report Spotlight, a YouTube channel focused on economic news, Lior Gantz sits down to discuss the peak productivity and other problems rearing their heads in this economy.  A recession is imminent, and since the United States is at their peak productivity with a tight labor market, the only option for companies to continue to profit will be to lay off workers.

Apr 18

In what is being dubbed the “largest opioid takedown” in the United States, 31 doctors spanning 7 states have been charged with prescribing drugs that are legal. However, the charges state that these doctors had illegally prescribed more than 32 million pain pills, including a dentist who unnecessarily pulled the teeth of his patients so he could prescribe pain pills.

Apr 15

Back in 2017, when they were making their supportive case for Trump’s tax cut and offshore tax repatriation holiday, the largest US technology companies promised they would go on hiring sprees and boost the economy. Just over a year after getting what they wanted, fund flow data shows that – contrary to Goldman’s recent calculations  – these firms gave most of their huge tax savings to investors in the form of buybacks.

Apr 12

This article was originally published by Tyler Durden at Zero Hedge Less than six months ago, the ‘smartest men (and women we are sure) in the room’ at Goldman Sachs’ prestigious economics department were in full hawktard mode – forecasting four rate-hikes in 2019, providing cover for a desperate-to-get-back-to-normal Fed’s rate trajectory guesses. Since then, […]