The Economic Train Wreck Almost Here

These @ zerohedge.com

Food Deflation Driving "Least Profitable Year In 20 Years" As Farmers And Grocers Get Crushed

Sinking food prices, while good for the consumer, is devastating for almost everyone else in the supply chain from the farmer all the way to the grocers.

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• Aug 30, 2016 7:50 PM
  

    

Debt, Deficits & Economic Warnings

The processes that fueled the economic growth over the last 30 years are now beginning to run in reverse, and when combined with the demographic shifts in the U.S., the impact could be far more immediate and prolonged than the media, economists and analysts are currently expecting...It is simply a function of the math.

• 8,066
  
• Aug 30, 2016 6:10 PM
  

Michael Lewitt: "We're In The Late Stages of Ponzi Finance"

“They’ve tried to solve the debt crisis by printing trillions of dollars of more debt, and somehow they expect the economy to grow under the weight of those burdens. We’re just borrowing new money to pay back old money. I would say that we’re in the late stages of Ponzi finance.”

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• Aug 30, 2016 5:43 PM