The regime's propaganda is pretty thorough and infiltrates all realms of the land. News, culture, sports and even money. We have a FIRE economy, and if you track things, consumer confidence switched from tracking the unemployment number to tracking the financial markets sometime in the '90s. Managing that focus matters. Where do I go to try to read some reality.
First stop is Zero Hedge. I don't stop there now as much as follow ZH on twitter and then click links that look appealing. Some of their contributors are batshit insane, but some are great. The last four years, they have been more right about the Arab Spring, Syria, ISIS and Ukrainian issues than the mainstream media.
Another good catch all stop is David Stockman's Corner. Stockman is like a leftover of the Old Right that finally had enough with the neocon garbage and now later in life is going scorched earth.
One problem is that bears get so bearish that they just look for whatever things feed into their bias. A good bear who does not do that is Lee Adler. He is a self-proclaimed permabear but he will look at flow data and say, "markets going up" due to the reality of liquidity needing to find somewhere to flow to regardless of value. He has a subscription site, so I check his free stuff; he writes elsewhere as well.
Calculated Risk is fun for charts, but that is all I go to him for now. His heyday of tracking, explaining and digging deep on the housing bubble, the bubble's pop and the bubble's residue is now years in the past. When Tanta died, it was the big change in the blog.
For housing, I check Dr. Housing Bubble. I was an old reader from when he started that blog (and commenter), and the guy is top notch. The California bubble is back, using foreign money to sustain US FIRE elites. Another great way to see how the California bubble restarted is watching Jim the Realtor videos of homes for sale. He is ruthless and offers narration of why people get sucked in to "California". Like Jim, Dr. Housing Bubble ties in societal trends too (Millenial woes and college debt), so he is not just a one trick pony. For one trick, Patrick's step by step by step argument against the real estate industry and buying a home is awesome (especially for blue state residents).
Michael Shedlock (Mish) is a good spot to check out, as he mixes anger with logic and reason in a decent dose so that he sounds like Archie Bunker's son if he went to college but came home every weekend. Years ago, he approached California's fiscal crisis with a knife and ran through their budget just using the health and human services spending to close the budget gap, and then reminded everyone that this was just one piece of their budget.
Bruce Krasting is back, but is off and on now with posting. His analysis of the situation with Social Security is the best out there.
Now and Futures has great charts, trends, quotations and '90s web design. Simple check in as they track a lot of different things and use CPI and some site specific CPI adjustments.
Comerica Economic Insights is about the fairest of the data collectors and bloggers out there. They are not doomers, they are not pollyannas, they just collect the numbers and try to make sense of them. One way of viewing them is the idea that a depression might lower 10-15% of your economic potential, but how much of America does that truly hurt and where does it hurt? Can the economy get by and how does it get by at those levels of recession?
A lot of these writers write on each other's sites because the dissident financial web is excluded from the mainstream organs. You will find people on all spots of the political spectrum from left to right to whatever the anti-authoritarian Tyler crowd is.