David Haggith
David Haggith started writing about the economy after he predicted The Great Recession half a year before it hit and was puzzled as to why no economists or stocks analysts saw it coming. In the months after the crisis broke out, he started to write humorous editorials in a series titled “Downtime,“ which chided the U.S. government and bankers who should have seen the economic collapse coming but whose cronyism, greed and ineptitude caused them to run the world into a ditch. Those articles were published in The Hudson Valley Business Journal, The Valley City Times-Record (North Dakota), and The Daily Herald in Tennessee. Haggith is dedicated to regularly criticizing the daily news — not just the content but the uncritical, unthinking nature of almost all of the reporting. He now writes his own blog, The Great Recession Blog, to break down the news as an equal-opportunity critic toward both Republicans and Democrats / Conservatives and Liberals … since neither kind of politician has done anything worthwhile to plot a better economic course. His articles are regularly carried by several economic websites.
Articles by David Haggith
Stocks rose and oil prices dropped today as markets and their analysts completely ignored the biggest outbreak of attacks in the Middle East in the last few weeks. Instead of sitting around the water cooler, they’re sitting around burning...
I want to start off by talking once again about an economist who hallucinates more than AI. Her logic board seems to have fried because every point she makes counters her own argument. I came across an article on Oilprice.com that...
The stockslide down the mountain in a few stocks on Thursday that I warned, even as many other stocks soared, could be the likely start of a major market crash, developed into a thunderous roar on Friday. It swept the NASDAQ...
My weekend Deeper Dive laid out for paying subscribers what I think is a strong case for blistering inflation, the likes of which we’ve never seen. The case is made based on facts currently on the ground that are already storming...
Yesterday, Hal Turner reported on some strange flashing lights in the US Treasury market—huge yield spikes that came and went like lightning sprites in the night sky.
The anomalous vertical jolts suggested sudden...
The anomalous vertical jolts suggested sudden...
Today, gasoline prices exploded to another a new high for the year, coming in at a national average of $4.23 per gallon, which looks enviably cheap compared to where I live in the liberally taxed Northwest. Prices here are the highest...
The “greatest economy ever,” as the king and all the king’s men (and women) keep calling it, is creating the greatest private-credit crisis ever. A crisis that is increasingly being described as something that could rapidly achieve...
We’ve just received rock-solid proof that “the hottest economy ever” was the biggest lie ever for the very reasons I was claiming all of last year while the mainstream media kept buying and reselling the Trump administration’s “hot”...
Taking a break from the things I could say about some of Trump’s lies and distortions in his State of the Disunion address, I want to focus on three particularly smart and positive things the would-be king is ordering up to help the little...
Friday was the day everything fell apart for King Donald McRonald. The Supreme Court finally got up the courage to tell the wannabe emperor he cannot declare fake emergencies and use those fakes to seize power that is not his to take. For...
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