The Greek financial system is in the process of totally imploding, and the rest of Europe will soon follow. Why? Because neither the Greeks nor the Germans are willing to give in, and that means: there is very little chance that a debt deal is going to happen by the end of June; we will likely see a major Greek debt default and, potentially, even a Greek exit from the eurozone and, if Greece does leave the euro, we are going to see financial carnage happen all over Europe.

For a consumption based economy asking “how much do Americans earn?” is a vital key to our long-term stability. Each household has a propensity to spend and the ability to consume is largely derived by income. Debt has made it easier for households to spend future wages but these two important reference points measure the health of total wages for households and that of individual workers.

"Gold parties" are an easy way to do something unique, have fun, and make some extra cash for both you and your friends - and their friends too. Here's how to go about having one of your very own.

This isn't the time to listen to those leading politicians, economists and pundits who say we're not in a bubble and we're finally seeing a sustainable recovery. We're not. Central banks can't keep this bubble going forever... [Instead,] you need to prepare for another across-the-board bubble burst and the deepest downturn since the Great Depression, with deflation, not inflation, and this time, in spite of what others such as Jeff Clark might tell you, Gold will not be your defense, it will be your downfall. Here's why.

Whether it is called "systematic trend-following", "momentum trading" or "turtle trading", it all comes down to entering trades on the basis of markets breaking out from previously established ranges and following some basic rules thereafter. It requires no special understanding of any given market - just a healthy respect for the price action - and can make you a lot of money in the process. Here are the details.

Hundreds of articles about the economies of the U.S., Canada, China, the UK, the EU and elsewhere are posted every day on a variety of financial websites. Unfortunately, many such articles are dull detailed analyses of conditions on the ground without providing a perspective as to how such conditions relate to the world at large - the global economy - and one's place in it. munKNEE.com makes a point of finding those articles that do and posting the best-of-the-best (the most informative, the most unique, the most entertaining, the most provocative, the best written) on a daily basis. If you have yet to check out munKNEE.com (Your Key to Making Money!) you are encouraged to do so.

The United States has a lot to be proud of but, unfortunately, like any country, it has its flaws, as well, and those flaws are important to remember and examine — even if many Americans would probably rather not think about them. Here they are.

Every year the World Economic Forum surveys 900 global experts as to the global risks that could most likely disrupt global economic activity. Over the course of the last year risks such as state collapse or crisis, interstate conflict, terrorist attacks, and weapons of mass destruction have all soared.

This comparison of stock values across all major world markets and forecast returns over the next five years suggests that, while this is not a “back up the truck” opportunity, it’s not bad either, particularly given how unappealing bonds and cash are at current yields.

Money illusion is a longstanding concept in economics that has enormous significance for you if you’re a saver, investor or entrepreneur. Money illusion is a ruse performed by central banks that can distort the economy and destroy your wealth. Let me explain.