Author Archives: David Haggith

Why Support Israel – Christians United for Israel

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Baltimore Cop Caught on Bodycam Planting Drugs at Crime Scene

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US Economy Keeps Moving Into Summer Storm

The Great Recession One of the kookiest moments last month came when Fed Chairwoman Yellen spoke about seeing no financial collapse in sight during our lifetimes “Would I say there will never ever be another financial crisis? No. Probably that … Continue reading

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The Broken States of the Union

The Great Recession For the first time in US history a handful of US states is teetering on the edge of bankruptcy. Illinois is about to be downgraded to junk bond status, which will turn its financial problems catastrophic overnight. … Continue reading

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US Baits ISIS to Stage False-Flag Chemical Attack to Justify Greater US Attack against Syria

The Great Recession What could be smellier and more tempting bait to get ISIS to launch a chemical-weapon attack than a US guarantee that “any” chemical weapon attack in Syria will be automatically blamed on Assad’s regime and will automatically … Continue reading

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Central Banks Buying Stocks Have Rigged US Stock Market Beyond Recovery

The Great Recession Central banks buying stocks are effectively nationalizing US corporations just to maintain the illusion that their “recovery” plan is working because they have become the banks that are too big to fail. At first, their novel entry into … Continue reading

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Retail Apocalypse Engulfs US Economy

The Great Recession You may not see it yet, but the scale of the retail apocalypse is so massive that it is about to engulf the US economy. As when a flood tide has crept around you on all sides … Continue reading

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Carmageddon Crashes into “the Recovery” Right on Schedule — EXACTLY as Predicted Here

The Great Recession Blog Carmageddon, as Wolf Richter has called it, is hitting the US economy exactly as I said a year and a half ago would start to happen at the very end of 2016 or the start of 2017. … Continue reading

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Is the Central Bank’s Rigged Stock Market Ready to Crash on Schedule?

The Great Recession We just saw a major rift open in the US stock market that we haven’t seen since the dot-com bust in 1999. While the Dow rose by almost half a percent to a new all-time high, the NASDAQ, … Continue reading

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Summer Storm Keeps Building as Second Dip of Great Recession Approaches

The Great Recession These updates to my list of “Seven Troubles Assailing the US Economy” are far too important to remain buried at the end of that article since many readers may not return to the article to check for updates. The … Continue reading

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We’re sailing into a massive stock-market crash

The Great Recession If I can show you that economists, central bankers and stock analysts are blind in the area of their expertise to the most obvious setup for disaster ever, then you’ll realize we are perfectly poised for potentially the greatest … Continue reading

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List of Seven Troubles Assailing the US Economy as We Head into Summer

The Great Recession The following is not simply a list of negative risks to the economy but a list of of serious economic conditions that are already placing drought-like pressures on the overall economy. This list doesn’t include the long-term structural problems with the … Continue reading

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If Wannacry cyber attack didn’t make you wannacry, the next one will!

The Great Recession The Wannacry malware that hit like a global mega-bomb, showed everyone how vulnerable we are to a global cyber attack. Billed as “one of the largest global ransomware attacks the cyber community has ever seen,” the infection started … Continue reading

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The Trump-Putin-Nixon Water-Tower Coverup Scandal

The Great Recession I know I said I’d stay closer to economics in my commentary and not so much pure politics, but today became so surreal, I couldn’t resist. I couldn’t make stuff up this rich if I were drinking … Continue reading

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Did Trump Get Thumped … or Supporters Get Dumped?

The Great Recession Trump’s supporters are increasingly alarmed, outspoken and feeling betrayed as their champion rolls over and plays lap dog for the political establishment. Even Rush Limbaugh, Trump’s golfing buddy and longtime advocate, said this week that what is … Continue reading

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You Got Trumped! Trump rapidly losing strongest supporters

The Great Recession Maybe Trump didn’t realize that all of his supporters actually expected him to deliver on all of his hard-edged statements. Or maybe he was Trojan Trump from the get go, just as I postulated many months ago to … Continue reading

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You Got Trumped: Bannon banned and Cohn-Kushner establishment advanced

The Great Recession President Trump, how’s that swamp drainage project going? Another big move in the last couple of weeks has been the sidelining of Trump’s chief strategist Steve Bannon as the Goldman-Sachs group wins more influence in the White … Continue reading

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Tiny Trump Hands Deliver Teeny Tiny Tax Plan, US Stocks Collapse in Despair

The Great Recession The big announcement of the really, really big Trump Tax Plan with the “biggest tax cuts in history” came out bigly on Wednesday, as Trump promised. Treasury Secretary Steven Mnuchin and National Economic Council Director Gary Cohn, Trump’s … Continue reading

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You Got Trumped! Trump tax plan taxing for the maestro of negotiation?

The Great Recession Is coming up with a Trump tax plan overtaxing the maestro of negotiation as he tries to conduct his way through congress? An initial clue can be found in his tax-related repeal of Obamacare. The all-important Obamacare … Continue reading

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You Got Trumped! Trump not yellin’ about Yellen anymore!

The Great Recession Having castigated Janet Yellen for keeping interest rates artificially low in order to help the Obama Administration keep a Democrat in the White House, Trump now likes Janet Yellen and likes low interest rates, too — so … Continue reading

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