Economic Overviews

I don’t think that KWN is doing the Gold community any good by throwing this guy at us and, unfortunately, I don’t think that JS is helping by not ripping this guy apart.

I've become interested in this whole Bitcoin thing, the electronic currency first was issued about 3 years ago, and I think it is fascinating - and troubling. Here's why.

I know a lot about the world’s financial system and how it works but you don’t have to be a technical wizard to understand that it’s financial insanity and ethically, financially, and socially wrong. .

The politicians of the western world are coming after your bank accounts. Cyprus-style "bail-ins...for systemically important banks" are actually proposed on pages 144 and 145 of "Economic Action Plan 2013" in the new Canadian government budget and it is being reported that the European Parliament will soon be voting on a law which would require that large banks be "bailed in" when they fail. ...I can't even begin to describe how serious all of this is. So exactly what in the world is going on here? Words: 1075

Today, I'm dishing on the unbelievable rebound in residential real estate, pesky rumors about the dollar's demise and a resurgent U.S. stock market. So let's get to it.

Things will get messy and nasty, sooner rather than later. Protect yourself and your family by preparing for a complete and utter economic collapse that will also collapse governments and societies. Predatory government will be stealing assets from anyone who has them.

At some point we are going to see another wave of panic hit the financial markets like we saw back in 2008. The false stock market bubble will burst, major banks will fail and the financial system will implode. It could unfold something like this: Words: 660

For those who haven’t yet grasped the uselessness of government policy, please read Charles Hugh Smith’s simple fourteen point explanation below. It details the steps government has taken, why they are failing, why the middle and poorer classes must get poorer and suggests that we are close to the end of the Ponzi scheme that has provided the myth that our economy has been strong for the last couple of decades.

When you get into too much debt, eventually really bad things start to happen. This is a very painful lesson that southern Europe is learning right now, and it is a lesson that the United States will soon learn as well. Words: 826

The mainstream media is absolutely giddy that the U.S. unemployment rate has hit a "four-year low" of 7.7% but is unemployment in the United States actually going down?...Headlines all over the nation boldly declared that "236,000 jobs" were added to the economy in February, but what they didn't tell you was that the number of Americans "not in the labor force" rose by 296,000. That is how they are getting the unemployment rate to go down - by pretending that huge numbers of unemployed Americans don't want jobs. Words: 596; Chart: 1; Table: 1