EconoChristian.com

Canada’s real unemployment rate edges up to 14 percent

“The Canadian “U6″ is around 14% while the official is now edging past 7.5 percent. Canada calculates that number but doesn’t publish it to the mainstream media. The jobless rate increased to 7.5 percent from November’s 7.4 percent and the recent low of 7.1 percent in September, Statistics Canada said today in Ottawa. Employment (CANLNETJ) [...]

Why Canada’s Keystone XL pipeline to the US is a done deal

“The environmental movement has turned into an ideological struggle replete with a military style hierarchy of policy makers and fund raisers. They invent what if scenarios and as each is defeated they throw out another to hyperventilate their followers. Politicians such as Obama defer to this hysteria instead of getting to the facts of the [...]

U.S. Economy “Close to a Destructive Tipping Point” say Officials

“America is very close to a destructive tipping point,” co-authors Glenn Hubbard and Peter Navarro warn in their new book Seeds of Destruction. “We must change how we conduct our politics and economics…or we will inevitably go the way of all once-great nations and suffer an irreversible decline.” — by Aaron Task Hubbard, dean of [...]

Usury rethought & The High Costs of Very Low Interest Rates

“What is especially frustrating is that supporters of 0% interest rates have a stark example of the policy’s failure staring them in the face: Japan. Following the bursting of its credit bubble in 1990, Japan eventually brought its equivalent of the Fed rate down to a then-unprecedented 0.25%. The nation proceeded to suffer a “Lost [...]

Inflation or deflation? Eventually it’s the former no matter what

For people who so-called predicted this downturn (probably predicted it 1 year ago), they certainly are missing the real threat. No it’s no inflation, it’s deflation. Ever wonder why the US dollar is increasing in value while everything else crashes in price? (housing, oil, and all other commodities?). It’s called deflation, and something much worse [...]

What The Pope Knows About Business

It seems today everyone has come to weigh a plan for the economy (even the Pope). This week, as G8 leaders gathered to argue about the best ways to heal the economic ills facing the world, the Vatican presented their own plan: share and be nice to each other. The idea of economic and social [...]

The U.S. New ‘Berlin Wall’

A new passport requirement set by the United States Homeland Security department has been watched very closely by officials and interested laymen for the past few years that will likely make life extremely more difficult for the Canadian economy, but particularly those industries reliant on consumers and tourists from the United States spending their hard [...]

Gold Is Still Money In Faithless Society

The following article is excerpted from a new book on gold and silver produced by Robert Precht, founder and CEO of the technical analysis and research firm Elliott Wave International. For the rest of this fascinating 40-page eBook, download it free here. Have you ever traveled abroad and took a look at the local currency [...]

Doomed by the Myths of Free Trade

So called “free trade” has done nothing but create an ultra rich and ultra poor working class, all the while the middle class has been shafted down the black hole of poverty. What mainstream economists do not tell the formerly industrialized nations of the world when they are trying to sell the benefits of free [...]

How To Resuscitate The Middle Class

The 1960s were the decade in which my parents grew up. Their parents were the so-called, Greatest Generation and I, for one, think that term is appropriate, given that childhood was the Great Depression and their early adulthood has been the fight against Second World War, a series of experiments almost beyond my hands. Generation [...]