By David Stockman
David Stockman's Contra Corner
August 16, 2025
Talk about hiding in plain sight. Here is possibly the most important graph ever about the flagging state of the US economy and the utter failure of Washington's constant efforts during the last two decades to "stimulate" improved outcomes.
To wit, the US industrial production index-which measures the sum of manufacturing, energy, mining, and utility output-marched straight uphill at a 3.3% annual rate between 1954 and 2007.
© TexBr Source: Gettyimages.ru
Croissance économique en Tunisie. [Photo d'illustration]
Selon des estimations de l'Institut national de la statistique (INS), publiées ce 15 août, le produit intérieur brut (PIB) de la Tunisie a progressé de 3,2 % en glissement annuel au deuxième trimestre, contre 1,6 % au premier,
By Charles Hugh Smith
OfTwoMinds.com
August 15, 2025
That this extreme inequality is itself the primary threat to both democracy and social stability is poorly understood.
Scraped of pleasantries, the ultimate purpose of any status quo is to 1) distribute most of the economy's gains to the top tier and 2) offload the sacrifices this requires to the bottom tiers but in stealthy ways that aren't noticeable enough to spark political revolt.
By Andrew Wallace
August 15, 2025
This paper was written to give the reader a snap shot of money, real and imagined.
Our Constitution requires that we use real money, which is Gold and Silver. These have the required characteristics for real money: 1...medium of exchange,2...measure of value, and 3...store of value.
Our Fiat Dollars don't comply with the Constitution money" is decreed by authority, with no physical backing.) Which is why we have suffered inflation and the decline in relative value of fiat dollars for almost 100 years.
publié le 14/08/2025 Par Olivier Berruyer
On qualifie souvent les trajectoires économiques de la Grèce, de la Pologne ou de l'Irlande comme atypiques ou hors-normes dans l'Union européenne, et elles le sont ! La Grèce, ruinée en 2012 et tourmentée par les politiques imposées par la Troïka, se remet très difficilement quinze ans après la crise. La Pologne semble insensible aux crises et poursuit sa croissance vigoureuse, soutenue par les généreux fonds européens.
NIMA ALKHORSHID: Hi everybody. Today is Thursday, July 24, 2025, and our friends Richard Wolff and Michael Hudson are back with us.
RICHARD WOLFF: Good to be here.
NIMA ALKHORSHID: I want to start with what's going on with a new article in the Financial Times, but before going there, here is what Donald Trump said about BRICS.
[clip starts]
Donald Trump said, "BRICS, it's fading out fast.
By Milan Adams
Preppgroup
August 12, 2025
The Great Depression was one of the toughest times in United States history. Following a historic collapse of the stock market wages were low, and jobs were tough to find for just about everyone.
However, the saying goes "tough times make tough people", and the Great Depression was no different. Families, friends, and communities banded together to support one another, and people got savvy with their savings and spending.
(©AdobeStock)
Par Le Revenu
La Bourse de Paris évoluait en hausse lundi, poussée par l'annonce d'un accord commercial entre les Etats-Unis et l'Union européenne, désamorçant ainsi des mois d'incertitudes pour les marchés.
L'indice vedette CAC 40 gagnait 0,84%, soit un gain de 65,55 points, pour s'établir à 7.900,13 points vers 10H00 heure de Paris.
By James Anthony
August 11, 2025
Spending and regulating are simple to limit. Enough government people just need to support and protect the Constitution by limiting themselves and other government people to within constitutional boundaries.
Congressmen have the most power, so spending and regulating are simplest for congressmen to limit:
First, a lower overall-total appropriation can be passed in both houses by simple majorities.