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Richard Duncan

Recent Posts by Richard Duncan

GLOBAL RECESSION: Sudden and Severe

The global economy appears to be moving rapidly back into recession. Commodity prices have crashed to a 13-year low, world industrial production has begun to

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Unsustainable Wealth

US Household Sector Net Worth has risen by a mind-boggling $30 trillion since the first quarter of 2009. At $85 trillion, it is now 55%

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Credit Growth Slows, Vulnerabilities Increase

In the 21st Century, when there is no longer any difference between money and credit, Credit Growth drives Economic Growth. In the new Macro Watch

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Did You Know The Government Owns 60% Of All US Home Mortgages?

It’s true. The US mortgage market has effectively been nationalized. Here’s how it happened: The Government-Sponsored Enterprises, primarily Fannie Mae and Freddie Mac, issued $7

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A Good Overview Of The Global Economic Crisis

Please find here a link to a YouTube video showing a recent conversation I had with my friend Gordon T. Long of Macro Analytics. It

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