If we look at the economic collapses of the past, from the fall of the Roman Empire to Weimar Germany to Argentina and Zimbabwe, the pattern is extremely similar. Let's have a look at that pattern and ask ourselves if the present situation might not play out much the same.
Read More »A Light-hearted Look At Our Financial World (+3K Views)
We often take things far too seriously when looking at the world of high finance, the global economy and the ins and outs of investing. Lighten up and relax. See the world for what it really is through the eyes (and words) of some individuals who can do just that.
Read More »Unsustainable Debt-to-GDP Ratio Will Result in (Hyper)inflation (+4K Views)
Central banking makes it possible for the government to expand the money supply by any amount, at any time deemed necessary and once (hyper)inflation is publicly seen as being the lesser evil of all options available for the government meeting its debt service, it cannot be dismissed out of hand that (hyper)inflation would be the consequence of an unsustainable debt-to-GDP ratio.
Read More »What’s the ‘Real Deal’ About Inflation & Deflation? (+3K Views)
The debate over deflation/inflation continues as some of our most astute economic observers take sides. Frankly, I think that both sides are missing part of the picture. The debate concentrates on the after shocks of inflation/deflation: prices instead of the money supply and the demand for it. Words: 721
Read More »Perspectives On The Great Depression & Resultant Deflation (+3K Views)
The Great Depression was the most severe economic depression ever experienced by the Western world and it was during this troubled time that the world’s most famous case of deflation also happened.
Read More »Warning Signs Suggest U.S. Headed for a Complete Societal Collapse! (+7K Views)
There are now countless warning signs all around us on a daily basis that the U.S. is headed for a complete societal collapse. Words: 573
Read More »Williams: Expect Hyperinflation Within the Next 5 Years (+5K Views)
Pushing the big problems into the future appears to have been the working strategy for both the Fed and recent Administrations, yet the U.S. dollar and the budget deficit do matter, and the future is at hand. The day of ultimate financial reckoning has arrived, and it is playing out. Words: 1096
Read More »The Average Joe’s Take On How Governments Manage Their Finances (3K Views)
This scheme of revolving credit will end badly when the pigeons come home to roost; when the piper has to be paid; when we find out that there is no such thing as a free lunch. It is just a matter of time before we become the last of society’s ‘greater fools’ and, as such, are the ones required to pay the inevitable price of achieving future economic and financial stability.
Read More »Getting Lost in the Investment Maze? Get a New GPS (+2K Views)
Getting from point A to point B in the real world can be quite simple. In the investment world, the roadways are constantly shifting. Changes in interest rates, tax policies, unemployment, fiscal initiatives can represent obstacles and navigating these winding paths can require your very own GPS advice. Words: 494
Read More »No Fewer Than FIVE Ominous, Vicious Cycles Await Us (+2K Views)
Neither the White House nor the CBO have adequately considered the real impact of the very deficits they themselves are projecting. While they admit the deficits will be off the charts they fail to connect the dots from that admission to its obvious natural consequences — no fewer than FIVE ominous, vicious cycles.
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