Economy

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.

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

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.

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.

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

Russia may be the ninth largest economy in the world by nominal gross domestic product, but its abundance of natural resources in the Ural Mountains, Siberia and the Russian Far East makes it much more important in the world of commodities. Below, we dissect Russia’s commodity industry to give investors an in-depth look...and some specific ideas on how investors might participate. Words: 935

"Do we really have a time machine and have reset to 2007 or have we in fact entered the uncharted territory of unsustainable, runaway trends the likes of which have never been observed in recorded history? Also, just how relevant is the Dow Industrials Index in all of this?"