by Steven Waechter
The Commerce Department has released GDP data for the fourth quarter of 2012, and these numbers indicate a contraction of an annualized .1 percent, which wasn’t exactly a crash, but it was a contraction nonetheless. If you read my work, you already know that I...
by Steven Waechter
(This is Part 2 of a 2 Part Series– To Start With Part 1 Click Here) Dollar Under Strain There are so many dollars floating around out there, and so little American production for those dollars to chase, eventually foreign central banks will get wise and look to...
by Steven Waechter
Well, Barack Obama will be President for a second term. It is now time to take a look around, and prepare for what is likely to happen next. Based on my observations and what I’ve learned over the years, these are my predictions: No Housing Recovery Commentators...
by Steven Waechter
I cast my ballot early. I didn’t vote third-party and therefore my vote isn’t being wasted. It also isn’t going to matter. Since 1990, the United States has run aggregate trade deficits above $8 trillion. This is funny, because in 1990 the M2 metric of currency...
by Steven Waechter
First, some chemistry; iodine turns black when exposed to starch. So, a lighter ink which contains iodine will turn black when it comes into contact with starch, which is included in the manufacturing process of standard copy paper. When the ink is used on paper that...
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