Saturday , 2 November 2024

Lorimer Wilson

Exposed: The Evolution of Fake Wealth Creation, Accelerating Debt Expansion and Inevitable Financial Implosion

Only in a debt-based money system could debt be curiously cast as an asset. We’ve made “extend and pretend” a quaint phrase for a burgeoning market for financial lying and profiteering aimed toward preventing the collapse of a debt- (or lack-) based system that was already doomed by its initial design to collapse. This primer will detail the major components and basic evolution of fake wealth creation, accelerating debt expansion, hollowing out of the economy, and inevitable financial implosion. Words:1583

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Save Time & Stay Informed: Read These Financial Article Summaries

We all live extremely busy lives and often fail to keep up with the most informative articles posted on the internet. Below are links, with introductory paragraphs, to 20 very informative articles as posted on www.FinancialArticleSummariesToday.com (an associate site). The articles are related to Investing (gold/silver, the stock market, crude oil), the Economy (global/US, unemployment, debt and the money system) and Personal Finance (retirement, extra income and employment opportunities). You’re busy so just click on the title of the articles of interest to read them in their entirety.

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I'm Bullish On Gold for 3 Good Reasons – Here They Are

In my opinion, there are three scenarios that could occur in the coming years when analyzing the global economy - and all three have the potential to offer bullish environments for the price of gold. [Let me explain the first and most likely reason.] Words: 660

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Comparing Housing Bubble to Rising Cost of Higher Education Suggests Another Bubble Waiting to Burst – Here’s Why (+2K Views)

Getting into a good university is not an easy feat and securing a job upon graduation in the current economic climate is not easy either...The biggest challenge for most university graduates, however, is paying off their education loan [which is] hardly surprising [given that] the sum of student debt is higher than credit card debt across the United States. It may sound preposterous that some have called higher education the next big bubble so read the following infographic, which compares the higher education bubble to the housing bubble, and decide for yourself. Words: 410

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The Millennial Cohort: A Look at Their Present Predicament, Their Future Economic Prospects (+2K Views)

Though considered the most educated generation in history, the Millennial generation - young adults between the age of 18 and 29 who make up 25% of America's population - is also living through one of the worst economic crises. From a weak job market to the global economic downturn, are the Millennials cut out for this market? [A look at the infographic below tells the story.] Words: 345

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Relax! Gold Correction Only a Lull Before Surge to $3,000 – $5,000! Here's Why

Our forecast of much higher gold prices depends not one iota on the day-to-day ups and downs, no matter how extreme, in the yellow metal’s price. Instead, the average long-term price is entirely a function of world economic and political developments, which affect the intensity of investor interest (what we might call long-term hoarding demand) and on gold’s own supply/demand fundamentals. [Let me explain further.] Words: 500

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