Home » Posts tagged with "John Williams"
Russia Unloads 20% Of Its Total U.S. Holdings In 1 Month
Earlier this week John Williams warned that hyperinflation will begin to appear in America sometime in 2015. He noted that, though the dollar is currently strong compared to other fiat money, signs that a currency collapse is coming will begin with the sell-off of the U.S. dollar.
It’s a known fact that the Russians and Chinese have already begun divesting themselves of dollar dependency by implementing...
The deteriorating economic outlook
The third and final estimate (until the annual GDP revisions) of first quarter 2014 real GDP growth released June 25 by the US Bureau of Economic Analysis was a 2.9% contraction in GDP growth, a 5.5 percentage point difference from the January forecast of 2.6% growth. Apparently, the first quarter contraction was dismissed by those speculating in equities as weather related, as stock averages rose...
Real U.S. unemployment rate may be 22.1 percent for February
Yikes! You won’t believe the real jobless numbers. Federal docs contradict 8.9% hyped by media.
The real U.S. unemployment rate may be 22.1 percent for February, not the 8.9 percent reported by the government, according to economist John Williams, author of the “Shadow Government Statistics” website, who has argued for years that the federal government manipulates the reporting of...