Tag Archives: financial crisis

When Jaime Caruana speaks, people should listen and the fact that he recently warned that the global financial system is currently "more fragile" in many ways than it was just prior to the collapse of Lehman Brothers should set off all sorts of alarm bells. Who is Jaime Caruana? Why should we pay attention to what he has to say? What more does he have to say? Why should we be concerned? Read on!

Do you share concerns about the world today, and the path we are headed on? Do you believe a total economic collapse is a real risk? Many would say it’s a concern but doubt it’s actually going to happen. It’s always been okay, so it probably always will be, is certainly the view that most of us hold. The thing is, though, that it hasn’t always been ok and it could easily happen again. Are you prepared for such an eventuality?

We have not seen so many financial trouble signs all come together at one time like this since just prior to the last major financial crisis in 2008. It is almost as if a "perfect storm" is brewing, and a lot of the "smart money" has already gotten out of stocks and bonds. Could it be possible that we are heading toward another nightmarish financial crisis?

The CBC’s Terence McKenna takes viewers behind the headlines and into the backrooms at the highest levels of world governments and banking institutions in a 4-part investigation that reveals the astonishing level of backstabbing and tension behind the scenes as the world came dangerously close to another Great Depression.

Gold stocks are down between 20% and 30% over the past year yet, in that same timeframe, the price of the gold has risen. As a result, sentiment toward gold stocks is pitiful. Even diehard gold bugs are tired of losing money in gold stocks and have been dumping their shares in disgust. This article discusses 4 main reasons I can think of why gold stocks might be so cheap. Words: 444

The Fed’s plan B: Bail out the banks, transfer the banks bad bets onto its own balance sheet, hammer the greenback, slash wages (via inflation), boost exports, and pump as much money as possible into the unproductive, overbuilt black hole we call the U.S. housing market. [Let me explain why that is obviously the case.] Words: 1298

The U.S. debt situation when broken down to one of family statistics really seems absurd. Yet it's true. It's a slow motion train wreck that can be seen coming miles away but which, like deer paralyzed in the headlights, everyone is unwilling to face up to and to take any meaningful corrective action - and it will be the downfall of them all. Words: 550

Given the hectic lives we lead you may well have missed some excellent articles on the financial plight of the U.S. and recent developments in the economy. Not to worry. Below are introductory paragraphs and links to 5 of the “best-of-the-best” articles on the subject.

To any sane person who has a grasp of what is presently occurring, it is obvious that the current state of affairs is unsustainable. The question is how long can the monetary captains' misguided policies keep us off the shoals of our economic destruction. How long can policies of "extend and pretend", "kick the can down the road" or "fake it until you make it" continue? The answer is unknowable but...when something is UNSUSTAINABLE it is INEVITABLE that it will END. TIME is the only unknown. The certainty of it ending BADLY is not. Words: 1265; Charts: 6

The primary driver of stock prices over the last three years has been the anticipation of more monetary stimulus from Central Banks...[and if one] were to remove the market moves that occurred around Fed FOMC meetings (the times when the Fed announced new programs or hinted at doing so), the S&P 500 would be at 600 today. [As such,] by announcing a program that will be on going in nature, the Fed has removed the anticipation of future Central Bank intervention from investors' psychologies. This could become highly problematic, especially if these latest announcements turn out to be duds. [Are you doing what needs to be done to protect yourself?] Words: 682