Rapture verdict ad 1

Use Of The Articles On This Site

If you would like to use any of the articles on this site on your own blog or website, that is perfectly fine. What we require is that you make no edits to the content of the article and that you include a direct link back to the article source.
Disasters Can Happen

Significant Yuan Devaluation Imminent

Significant Yuan Devaluation Imminent by MN Gordon

Economic Prism

The Department of Commerce reported last week that U.S. gross domestic product grew at a 2.1 percent annual rate during the third quarter, not the 1.5 percent rate previously stated.  Apparently, private inventory investment was greater than initially estimated.  Nonetheless, GDP is significantly down from the 3.9 percent growth during the second quarter.

The more remarkable data point, however, was reported for corporate profits.  In particular, profits from current production decreased $22.7 billion in the third quarter.  This followed a $70.4 billion increase in the second quarter.

“Profits”, as reported by Reuters, “were down 8.1 percent from a year ago, the biggest decline since the fourth quarter of 2008.”  No doubt, a decline in profits that recalls Great Recession era weakness (Read More....)

. . . → Read More: Significant Yuan Devaluation Imminent

The Confluence Of Marxist-Socialist Economic and Social Policies Which Are About To Destroy 2000 Years Of European, Judeo-Christian Civilization

The Confluence Of Marxist-Socialist Economic and Social Policies Which Are About To Destroy 2000 Years Of European, Judeo-Christian Civilization(Read More....)

. . . → Read More: The Confluence Of Marxist-Socialist Economic and Social Policies Which Are About To Destroy 2000 Years Of European, Judeo-Christian Civilization

Hi I am Michael160 ABOUT ME160 Follow Me On facebook160 Follow Me On twitterMicheals Book MN Gordon EPAbout MN GordonFollow MN Gordon