America’s Slide Into Economic Oblivion Is Already Starting To Accelerate Here In 2021

Isn’t it fun to live in a rotting, decaying society that is coming apart at the seams all around us? The latest economic numbers are extremely depressing, but now that free speech is being abolished and the elite are consolidating … Continue reading America’s Slide Into Economic Oblivion Is Already Starting To Accelerate Here In 2021

Recession 2017? Things Are Happening That Usually Never Happen Unless A New Recession Is Beginning

Is the U.S. economy about to get slammed by a major recession?  According to Gallup, U.S. economic confidence has soared to the highest level ever recorded, but meanwhile a whole host of key economic indicators are absolutely screaming that a new … Continue reading Recession 2017? Things Are Happening That Usually Never Happen Unless A New Recession Is Beginning

Tis The Season For Credit Card Debt: This Christmas Americans Will Spend An Average Of 422 Dollars Per Child

For many Americans, the quality of Christmas is determined by the quality of the presents.  This is especially true for our children, and some of them literally spend months anticipating their haul on Christmas morning.  I know that when I … Continue reading Tis The Season For Credit Card Debt: This Christmas Americans Will Spend An Average Of 422 Dollars Per Child

To Really ‘Make America Great Again,’ End the Fed!

Former Dallas Federal Reserve Bank President Richard Fisher recently gave a speech identifying the Federal Reserve’s easy money/low interest rate policies as a source of the public anger that propelled Donald Trump into the White House. Mr. Fisher is certainly … Continue reading To Really ‘Make America Great Again,’ End the Fed!

Instead Of Black Friday Materialism, Thanksgiving Weekend Should Be A Time To Live, Laugh And Love

On Friday, hordes of desperate zombies were spotted desperately trying to save a few dollars on toys, apparel and cheaply made electronic goods all over America.  Seemingly oblivious to the fact that virtually all of these goods were made outside … Continue reading Instead Of Black Friday Materialism, Thanksgiving Weekend Should Be A Time To Live, Laugh And Love

At This Current Pace, A Record-Shattering 2.4 Trillion Dollars Will Be Added To The National Debt This Year

Barack Obama is about to become the 20 trillion dollar man.  With less than two months to go in his second term, the U.S. national debt stands less than 150 billion dollars away from the 20 trillion dollar mark.  And … Continue reading At This Current Pace, A Record-Shattering 2.4 Trillion Dollars Will Be Added To The National Debt This Year

Fed Tightening “Could Have Profoundly Destructive Consequences for Economies”

With fear-driven rhetoric emanating from spooked markets and Wall Street, there are clear signs that the long-rumored rate hike could rock the boat enough to cause worry about capsizing. The Federal Reserve is the 800-pound gorilla in the room. The … Continue reading Fed Tightening “Could Have Profoundly Destructive Consequences for Economies”

‘Tis an Illiquidity that Blows No Good

[Image Caption/Credit: Uh-Oh! We’re Out of Market Liquidity! (courtesy Google Images)] Financial and economic news increasingly report on the term “liquidity” and its antonyms “low liquidity” and “illiquidity”. For example, Business Insider (“This week’s gold crash reminds us of a … Continue reading ‘Tis an Illiquidity that Blows No Good

Cascading global financial collapse now a very real risk as Russia heads for default

Russia is teetering on the edge of solvency and economic collapse as its currency collapses, interest rates rise and average Russians flock to stores to stock on up on anything they can get their hands on. Meanwhile, some geopolitical analysts … Continue reading Cascading global financial collapse now a very real risk as Russia heads for default

The Next Crash Could Be The Big One: “Don’t Be A Refugee In Your Own Country”

Though our political leaders maintain that the contagion from Europe and China won’t spread to the United States, our economy is likewise an utter catastrophe. In his latest interview with the Financial Survival Network hard asset investor Daniel Ameduri suggests that given … Continue reading The Next Crash Could Be The Big One: “Don’t Be A Refugee In Your Own Country”

Computer glitch shuts down trading on New York Stock Exchange

Reuters / Brendan McDermid Trading on the New York Stock Exchange floor was halted shortly after 11:30 am local time Wednesday, with all screens displaying the “No quotation” message, according to eyewitnesses. “It’s chaos. No one seems to know the … Continue reading Computer glitch shuts down trading on New York Stock Exchange

Gold And Silver Are Paper-Slammed – Is The System Collapsing?

[Photo Credit: The Daily Coin] When a thoroughly corrupt government wants to try and hide something from the public, they exert an all-out effort to misdirect and cover-up. The financial markets are no different.  It’s been obvious to anyone with … Continue reading Gold And Silver Are Paper-Slammed – Is The System Collapsing?

Varoufakis accuses Greece’s creditors of ‘terrorism’ ahead of crucial referendum

Greek Finance Minister Yanis Varoufakis has described the actions of Athens’ creditors as “terrorism,” but said agreement with them was inevitable in an interview published hours before a landmark referendum to accept or reject the bailout terms. “What they are … Continue reading Varoufakis accuses Greece’s creditors of ‘terrorism’ ahead of crucial referendum