The worst flooding disaster in the history of the Midwest is just getting started, and as this crisis unfolds we are all going to be feeling the pain. The “bomb cyclone” that recently brought hurricane-force […]
Virtually every piece of hard economic data is telling us that the U.S. economy is slowing down dramatically. Many of the pundits have been warning that we could officially enter recession territory later this year […]
Peter Schiff, the President and CEO of Euro Pacific Capital, and one of the few who predicted the 2008 Great Recession before it happened has said that what we are experiencing now is “the beginning […]
When will America finally wake up? The borrower is the servant of the lender, and we now have a colossal 20 trillion dollar chain around our collective ankles. We have willingly enslaved ourselves, our children […]
There has been a tremendous amount of talk about the spending deal that was just reached in Congress. Most of the focus has been on who “won” and who “lost” politically, and if you have […]
As global financial markets teeter on the edge of collapse, a report published this morning suggests that the run up in the U.S. dollar may be over. As of today, some 80% of post-Trump election gains have […]
More than a third of all Americans can’t pay their debts. I don’t know about you, but to me that is a shocking figure.
Did you know that almost 70 percent of the U.S. population is essentially living paycheck to paycheck?
Our government continues to find new and innovative ways to waste taxpayer money, including buying off key constituencies (donors), all of which helps explain why our country is nearly $20 trillion in debt
October 1st, 2016 marked a historic day and one that signals the death of the dollar.
With the U.S. stock market near all-time highs and financial pundits touting the miracles of economic recovery, investors would have to be totally insane to not be snapping up as many stocks as they can get their hands on.
What is going to happen when America finally doesn’t have any manufacturing jobs left at all?
Do you remember when our politicians promised to do something about the “too big to fail” banks?
Things have not been this bad for the Canadian economy since the last global recession.
Today, we are 19.4 trillion dollars in debt. That means that we have added 8.8 trillion dollars to the national debt under Obama.
If you were hungry enough, would you kill and eat zoo animals? To most of us such a notion sounds absolutely insane, but this is actually happening in Venezuela right now.
In 2006, U.S. Senator Barack Obama’s voice thundered across the Senate floor as he boldly declared that “increasing America’s debt weakens us domestically and internationally.
Liberal press claims that DNC will match the GOP platform in a call to restore Glass-Steagall.
Over the last two trading days, European banks have lost 23 percent of their value. Let that number sink it for a bit. In just a two day stretch, nearly a quarter of the value of all European banks has been wiped out.
When less stuff is being bought, sold and shipped around the country with each passing month, how in the world can the U.S. economy be in “good shape”?