China will soon have the most powerful economy, but what problems are on the horizon?

The "war" between inflation and deflation has produced plenty of noise and casualties, but no decisive victory.

The Consumeris Americanus habitat is threatened by falling house prices, and its food supply has become more expensive.  What's the outlook?

The Feds keep making people feel richer than they really are.

It is the worst of times for people with big appetites and little money.  Many of them will go hungry.  And an empty belly is a dangerous thing.

Rising food prices are producing famine-like conditions for many poor people.  For others, they are wiping out years of financial progress.

The debt bubble has been only partially deflated. Americans are still living beyond their means.

Lending money below the inflation rate, giving out money you don’t have, when you are already so deep in debt you will never get out -- how could any of this be good for the real economy?

The longer the correction is delayed, the more we live in darkness and error, and the more it costs to fix things.

The Fed is unlikely to fall victim of a sudden attack of monetary integrity. The dollar is unlikely to rise very far against gold.