Any thinking person with a calculator knows that the current global monetary system is going to fail given enough time. Rather than going through the charade of more quantitative easing, what if the central banks, the collaborating Western governments, and the financial elites decide to let the system fail now? [What if]...people in control...have a plan...to accelerate the emergence of a new dollar.
Read More »What Will the Financial Repercussions Be If Greece Defaults or Leaves the Eurozone?
I want you to understand the gravity of what Europe is facing; Europe has BET THE FARM and the croupier is about to roll the dice. We are all facing a momentous instant in time and all of the noise in the background is quelled by the showman announcing the main event. Let’s Roll! Words: 625
Read More »U.S. Financial Crisis Makes Future Rioting In The Streets An Almost Certain Outcome! Here’s Why (+2K Views)
The U.S. government has put us between the proverbial 'rock and a hard place'. Cutting spending to improve our country's financial situation would surely trigger rioting in the streets by those Americans most adversely affected yet not cutting spending will trigger much higher inflation - even hyperinflation - which will also result in rioting....Government cannot control how this ends. They may be able to tinker with the timing a bit and they still have the choice of poisons with which to destroy the country, [but] that the country is gone, that is no longer alterable. Words: 930
Read More »Youth Unemployment: a Looming Societal and Economic Problem That Will Adversely Affect Us All
Youth unemployment is a very large and looming societal and economic problem in developed countries. The seriousness of this issue cannot be overstated. [Let me expand on the current employment situation in many of the developed countries of the world, what the remedies might be and what the ramifications likely will be if remedial action is not taken - and soon.] Words: 1092
Read More »Economic Alert: If You’re Not Worried Yet…You Should Be (+2K Views)
For the past four years I have been covering the progression of the global economic crisis with an emphasis on the debilitating effects it has had on the American financial system. Only once before have I ever issued an economic alert, and this was at the onset of the very first credit downgrade in U.S. history by S&P. I do not take the word “alert” lightly. [Read on to to understand why I have issued an economic alert once again.] Words: 1904
Read More »U.S. Gov't Making Preperations for Expected Major Social Unrest Next Year
The Federal government is gearing up for unprecedented social unrest (worse than Greece or Spain) when Washington is forced to impose "austerity" plans next year... [which will be deemed absolutely necessary to avoid] runaway inflation [that would otherwise occur] to pay for the country's costly welfare programs like Social Security, Medicare, Medicaid, Food Stamps and massive unfunded liabilities. [Below are the preparations presently underway.] Words: 500
Read More »Kunstler: Wake up, Sleepyheads! Things are Heating Up
Europe may soon be choking on that plat du jour of government a la Hollandaise with the side of chopped Greek salad. The whole world, in fact, has got something like a giant hairball stuck in its craw. The hairball is composed of filaments of lies wound over a core of supernatural indebtedness. The lies are promises that the debt will be paid back. Words: 710
Read More »Nigel Farage: The Only Way to Avoid a Depression Is a Break Up of the European Union
We still don’t have many political voices [in the European Union] that have the courage to say, ‘We’re headed for the rocks, and before we hit the rocks, let’s take a different course. Let’s try to break this thing up peaceably, before it ends in disaster....The establishment always supports the status quo...but actually, I think the only way we can avoid a depression is to break this (the EU) up.
Read More »Schiff: People Are Going To Be Blindsided By What's About to Happen!
We’re in a lot of trouble, and the government is going to try to revive the faltering economy with more stimulus. It’s never going to work. It’s just going to make the problem worse...
Read More »In Defense of Spain: What Crisis??
You can twist it as you like: there is no European debt crisis. There simply isn't. The uncontrolled media frenzy that we are experiencing is undifferentiated, baseless and harming investors. They are selling shares in Spain instead of profiting from these extraordinary times and buying more of them - as any serious investor would do. Words: 506
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