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Category Archives: The Global Economic Crisis: Past, Present and Future

The Chips and Science Act

Today, The Chips and Science Act, authorizing a $280 billion government-funded investment in new industries and technologies, was signed into law by President Biden. The

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Prepare For A Very Hard Landing

For decades, the US economy has been driven by rapid Credit Growth and Asset Price Inflation.  Since the Crisis of 2008, in particular, aggressive fiscal stimulus, ultra-low

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When Creditism Met Covid-19

Our economic system, Creditism, was fragile and on government life support before the Coronavirus hit the United States.  Now it is in intensive care. The new

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US Banks On Life Support

The new Macro Watch video shows that, without the unprecedented support that the government and the Fed are providing to the economy during the Coronavirus

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Recession or Depression?

The United States economy will almost certainly fall into Recession this year because of the Coronavirus.  The outcome, however, could be very much worse than that. 

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