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.
Read More »Pan-Global Financial Collapse May Be Close At Hand Due to Banking Crisis in Cyprus
Think what is happening in Cyprus can’t happen in the U.S? More than $10.8 trillion in deposits are insured by the FDIC with a $33 billion insurance fund. That’s pretty scary,” and the best way to protect yourself is to get into real assets.
Read More »Economic Collapse of Governments and Societies is Inevitable – Here’s Why
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.
Read More »Attn. Bank Depositors: What Happened in Cyprus Could Never Possibly Happen in the U.S. – Really?
Supposedly "insured" depositors in Cyprus thought there was nothing to worry about until they woke up on Saturday with a haircut between 6.75% and 9.9% on their money in the bank. Today the American Banking Association reminded Americans that there is absolutely nothing to worry about when it comes to the sanctity of US deposits. [Really?] Words: 385; Table: 1
Read More »U.S. National Debt & Trade Deficit Destroying Economy
When asked who will fight for jobs, to end the nation’s dependance on foreign debt and toxic imports, the answer should be American citizens themselves. Rather than tell children how great America was, citizens should want them to see America’s greatness for themselves and preserve it for the next generation.
Read More »“Economic Straight Talk” on Gold, Rogers, Roubini & the Economy
The Economic Straight Talk Newsletter gives you balanced views and contextual comments that save you time. The newsletter's objective is to help you keep up to date, gain new ideas, better trade and invest, better communicate with your investment advisor if you have one, and importantly make your own ‘penny drop’. Take a look.
Read More »This False Stock Market Bubble Will Burst, Major Banks Will Fail & the Financial System Will Implode! Here’s Why (+5K Views)
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
Read More »For Simple-Minded Keynesians: The Global Endgame in 14 Points
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.
Read More »Economic Collapse: The U.S. Could Learn From Europe
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
Read More »Unemployment is NOT Declining – Don’t Be Hoodwinked! (2K Views)
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
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