The Federal Reserve system is an imperfect, but rather innovative, clearinghouse. Its structure as, “independent within government,” makes it hard to decipher precisely who owns it but here's my understanding of what it actually is.
Read More »Countries With No U.S. Extradition Treaty & Other Ways To Escape the Grasp of Gov’t (+4K Views)
Suppose you were NSA whistle-blower Edward Snowden, or fictional international spy Jason Bourne, and the most powerful intelligence agencies on the planet were hunting you. Where would you go? A crucial factor in deciding where to go is whether or not the country has an extradition treaty with the U.S. This article presents a list of all such countries and less extreme ways to protect yourself from the untoward actions of your government. Words: 519
Read More »Negative Interest Rates In U.S. Now Virtually Guaranteed! Here’s Why
To the Fed, a 10% correction is so catastrophic they couldn’t even wait two more weeks for their regularly scheduled meeting.
Read More »Canada No Longer #1 Place For Mining Investments
Last week, the Fraser Institute released a global survey of 263 mining professionals who ranked 73 jurisdictions according to their attractiveness for mining investments. Last year, Canada ranked #1 - but not this year.
Read More »A Cashless Society Is Coming – Do You Welcome It Or Not? (+3K Views)
Many will cheer as the world makes a rapid transition to a cashless society, but I will not. I believe that a truly cashless system would open the door for great evil, and I don’t want any part of it. What about you?
Read More »Global Wealth Will Be Totally Decimated In the Next 4-8 Years – Buy Gold! (+3K Views)
Global wealth will be totally decimated in the next 4-8 years. It doesn’t matter if you are very rich or “just own a house” with some equity left. Most of it will come down in value by 75-95% in the next few years as the debt and asset bubbles implode.
Read More »Will We See Another September 18th 2008 Style Banking Collapse? A Retrospective (+3K Views)
the US Government is on a trajectory to default on their obligations, and the same can realistically be said for the UK and Japan. The answer put forward by the US, UK and Japanese governments? Quantitative Easing and 0% interest rates. Have they learned nothing from the past decade?! Words: 2355
Read More »Which Countries Have the Most Debt? Here’s a Ranking (+3K Views)
Even if all federal tax revenue was applied to pay down U.S. sovereign debt, it would take 10 years (not including any interest) to do so! This infographic shows how other countries like Canada, UK, Australia and Germany, among others, rank in comparison.es like Canada, UK, Australia and Germany, among others, rank in comparison.
Read More »Negative Interest Rates Will Likely Hurt, Not Help, Economic & Financial Stability – Here’s Why (+3K Views)
There’s a view in some policy circles that easy monetary policy is goodInterest-Rates for an economy, and the more stimulus you add, the better...This latest stimulus is taking the form of negative interest rates, or charging banks to park their cash with the expectation that this will spur lending and economic growth...In my opinion, however, negative rates—or high rental costs for money storage—are excessive and more likely to hurt, rather than help, economic and financial stability. Here are a few reasons why:
Read More »History Says Global Debt Levels Will Lead to Another Crisis (+2K Views)
Analysts at Deutsche Bank recently released an extensive study that demonstrates the link between debt and crisis. One chart in particular screamed for attention.
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