Meredith Whitney has resurfaced on the subject of U.S. Municipal defaults stating that a "tidal wave" of defaults in the municipal bond market is still building and will eventually hit the United States [although her views are at odds with those of] Moody's Investors Service [who only see] a small but growing number of defaults. [Here is a critique of her latest views.] Words: 385
Read More »Campbell's Critiques on Fiat Currency, Washington Gridlock, Business Journalism and Career Choices
Hundreds of articles are posted every week but their content is almost never challeged. Campbell does just that. He conveys his comments, concerns and criticisms in a concise conversation, concluding his critiques with either his concurrence or contrary point of view. He invariably ends each critique with a question or two for you to mull over until his next insightful and thought-provoking commentaries. Put your thinking cap on and give them a read. Words: 1722
Read More »Don't Believe the Hype and the Lies About the American Economy! Here are the Facts
Please don’t believe the hype that the American economy is healing. While it is true that some data is showing improvement, the true fundamentals of the economy continue to erode. Don’t believe the lie that the Fed’s money printing is laying fallow at the central bank and that inflation isn’t harming the American middle class and the economy. [Let me tell you the truth!]
Read More »Major Inflation is Inescapable and the Forerunner of an Unavoidable Depression – Here’s Why (+3K Views)
Whether our current economic crisis will end with massive inflation or in a deflationary spiral (ultimately, either one results in a Depression) is more than an academic one. It is the single most important variable for near and intermediate term investing success. It is also important in regard to taking actions which can prepare and protect you and your family. [Here is my assessment of what the future outcome will likely be and why.] Words: 1441
Read More »Nouriel Roubini: Global Economy Faces These 4 Major Downside Risks
While recent developments seem to suggest some positive news for the global economy, there are at least four downside risks that could materialize this year – undermining global growth and eventually negatively affecting investor confidence and market valuations of risky assets. [Let me spell them out.] Words: 933
Read More »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
Read More »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.
Read More »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
Read More »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
Read More »You, Me and Online Media Piracy: How Much Does It Cost the U.S. Economy?
Media piracy is a major issue faced by both consumers and industry groups. Since many people download music, movies and TV shows without paying just how much is such activity impacting employment opportunities and industry profits? Let's find out.
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