Economy

Only when derivatives are discussed by one of the ‘Real Housewives of Atlanta’ posing nude in bed with one of the cast members of ‘Duck Dynasty’ will derivatives receive the attention they deserve.

Some of the most respected prognosticators in the financial world are warning that what is coming in 2014 and beyond is going to shake America to the core. Many of the quotes that you are about to read are from individuals that actually predicted the sub-prime mortgage meltdown and the financial crisis of 2008 ahead of time so they have a track record of being right. Does that guarantee that they will be right about what is coming in 2014? Of course not. In fact, as you will see below, not all of them agree about exactly what is coming next but, without a doubt, all of their forecasts are quite ominous.

Households in the U.S., Europe and Japan may soon face fiscal shocks worse than any market crash. Powerful economic players are deciding that with an ever-deteriorating global fiscal outlook, conventional levels and methods of taxation will no longer suffice. Indebted governments may soon consider making weapons of mass wealth destruction , such as the IMF's one-off capital levy, Cyprus's bank deposit confiscation, or outright sovereign defaults, likelier by the day.

munKNEE.com will receive well over 1,000,000 visitors again in 2013 and is now a “go-to” destination for a diversified account of economic, financial and investment analyses, opinion, advice and education including the current state of the U.S. dollar and its possible future.

munKNEE.com will receive well over 1,000,000 visitors again in 2013 and is now a "go-to" destination for the most diversified account of economic, financial and investment (gold, silver and the stock markets) analyses, opinion, advice and education. Below are introductions (with links) to the 13 most read such articles in 2013 in order of popularity. Interestingly, each of the 13 are as relevant today as the day they were posted so they are well worth taking the time to read.

It now seems like the U.S. might be getting closer to acknowledging that it has a serious fiscal problem; or at least this is what one might infer from the strong support from Congressmen and Senators from both sides of the aisle, thousands of business leaders and economists from all stripes, as well as from fifteen Nobel Laureates in Economics, for a new bill called the Intergenerational Financial Obligations Reform Act or “Inform Act” - in spite of the fact that the proposal is being totally ignored by the mainstream media and, as evidenced by the case of Detroit, the longer we wait, the worse it gets.

The unelected central planners at the Federal Reserve have decided that the time has come to slightly taper the amount of quantitative easing that it has been doing....The monthly purchases of U.S. Treasury bonds will be reduced from $45 billion to $40 billion, and monthly purchases of mortgage-backed securities will be reduced from $35 billion to $30 billion. Below are 8 ways "the taper" is going to adversely affect you and your family.

An inevitable economic collapse has been warned about since this website began over four years ago.based on the following 3 key economic points that have been consistent since its beginning. Here they are:

The Baltic Dry Index is often looked at as a leading indicator of the global economy as higher shipping rates indicate stronger demand for shipping and healthier global trade. Year to date, the index is up 234% and is now at its highest level in more than three years (November 2010). This would indicate that the global economy is picking up steam.

Finance executives in Asia see the writing on the wall. They can see that the dollar is in a period of terminal decline, and that the Chinese renminbi is going to take tremendous market share away from the dollar - and they want a big piece of the action. To that end representatives of the Hong Kong Exchange and the Singapore Exchange, THE two dominant financial centers in Asia, have signed an agreement to combine their forces in rolling out more financial products denominated in Chinese renminbi. This has massive consequences for the global financial system - and the future of the U.S. dollar.