Jesse's Café Américain

Saint Michael the Archangel, defend us in battle; be our protection against the wickedness and snares of the devil. May God rebuke him, we humbly pray: and you, Prince of the heavenly host, by the power of God, thrust into Hell Satan and all of the other evil spirits who prowl about the world seeking the ruin of souls.

Showing posts with label economic imbalances. Show all posts
Showing posts with label economic imbalances. Show all posts
11 May 2010

Here Is Why the Fed Cannot Simply Continue to Inflate Its Way Out of Every Financial Crisis That It Creates

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The return on each new dollar of US debt is plummeting to new lows according to figures from the Federal Reserve. The chart below is from th...
27 January 2010

A Tale of Two Economies and The Myth of Recovery: Thoughts Before the State of the Union Address

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Economist Michel Hudson frames the current situation with the US national economy in his most recent essay, The Myth of Recovery, in a way ...
06 January 2010

There Are Now More Government Employees than Goods-Producing Workers in the US

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For the first time there are decidedly more government employees than goods-producing (manufacturing) employees in the US according to the D...
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