There is no excerpt because this is a protected post. The post Protected: 2023 Economic Predictions: The Road Dead Ahead appeared first on The Great Recession Blog ..read more

First, you must see the problems. Then you must correct the problems … if you are ever going to escape the problems. A great collapse is happening all over the world right now, and this is where you’ll find a concentration of the economic news that covers it all… Introducing a new daily economic news […] The post The Daily Doom: Economic News in the Great Collapse appeared first on The Great Recession Blog ..read more

The twaddle that comes out of the White House is deep right now. When our tottering president isn’t out enjoying a bike ride and falling down because Putin put gum in his stirrup so that he couldn’t get his foot out to steady himself, he is assembling a colorful team of Frisco-style professionals highly qualified […] The post America the Beautiful is Broken appeared first on The Great Recession Blog ..read more

There is no excerpt because this is a protected post. The post Protected: The Everything Bubble Bust Pt. 4: Housing appeared first on The Great Recession Blog ..read more

Interestingly, you’re about to find out that the fall in housing prices and home sales may power us further into high inflation for longer. We are entering a situation that could turn into a true oxymoron where lower prices equal higher prices as early as this week at the Fed’s Federal Open Market Committee meeting. […] The post Housing Prices Fall as Housing Sales Slide appeared first on The Great Recession Blog ..read more

There is no excerpt because this is a protected post. The post Protected: Is the Housing Market about to Top Out? appeared first on The Great Recession Blog ..read more

Is the inflation I’ve been writing about really all just transitory as Papa Powell claims it is? The Fed Head assures us he has this under control. Would that be just like Father Fed and friends had bank reserves under control right before the repo crisis blew up in late 2019? Or just like they […] The post Over-Fed but Malnourished appeared first on The Great Recession Blog ..read more

Things couldn’t be worse if you’re in the market for a house, except that they can be and probably will be. As it stands, you can probably buy this photographed “cosmetic” fixer for half a million if it’s in a modest neighborhood or a large city that everyone is fleeing. Housing prices rocketed to the […] The post With 2020 Hindsight, Where Does Housing Go from Here? appeared first on The Great Recession Blog ..read more

Every couple of months, I bring us up to date on how the economy has changed, and the last couple of month have taken us predictably back into economic decline, following a summer burst of subnormal passableness that never got us out of the crater we fell into last spring. Retail sales circled the drain […] The post Nothing to See Here, Folks. I Mean, Literally, NOTHING. appeared first on The Great Recession Blog ..read more

I mentioned in a recent article that the weird thing about this recession is that it is the only one in which personal income has gone up during a recession. That, of course, is because of government assistance, which is making it so we don’t have to feel the pain of a recession that the […] The post The Upbeat Downbeat on Housing and Commercial Real Estate appeared first on The Great Recession Blog ..read more