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so You'll Thrive and Profit, In Spite of It... "

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gdp

The End Of The Recovery, In One Chart

One of the questions on analysts’ minds lately is whether stock prices can keep moving up when corporate sales and profits are falling. But the

The Only Thing Growing Is Debt

The past few days have seen another batch of blah economic reports in the US: Weak U.S. retail sales hint at slower economic growth (Reuters)

Even The Good Numbers Are Bad

US factory orders tanked again this morning, and were generally reported that way at first. To take just a few of the low-lights: Factory orders

We’re Very Disappointed In You!

Another day, another “unexpectedly” bad economic report. Lately it seems like a lot of what US government statisticians say comes as an unpleasant surprise for

Why Isn’t Housing A Bubble?

In his book The Postcatastrophe Economy, iTulip’s Eric Janszen notes that financial bubbles don’t repeat. That is, yesterday’s bubble is never tomorrow’s because hot money

They’re Lying To Us, Part 5: Fake Credit Scores

Like any other weak-willed entity, an over-indebted country eventually finds that formerly-easy things get harder to do. Today, for instance, banks are having trouble attracting

They’re Lying To Us, Part 2: GDP

Today the US took its next-to-last stab at calculating First Quarter GDP, and the downward revision was impressive even by recent standards. It now appears

US GDP Even Worse Than It Looks, Again

As expected, the US revised the most recent quarter’s GDP from barely positive to sharply negative today. But once again the true extent of the

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