“Things Are Never Going To Get THAT Bad”

Our recent article, “20 Things You Will Need To Survive When The Economy Collapses And The Next Great Depression Begins“, has drawn some intense criticism from those who believe that the U.S. economy is so strong that it could never completely and totally collapse.  In fact, this blog is being accused of officially going off … Read more

Megabanks: The Banking Oligarchy That Controls Assets Equivalent To 60 Percent Of America’s GNP

Today financial power is being concentrated in the hands of fewer and fewer individuals.  In fact, the six biggest banks in the United States now possess assets equivalent to 60 percent of America’s gross national product.  Back in the 1990s that figure was less than 20 percent.  These six banks – Goldman Sachs, Morgan Stanley, … Read more

Paupers In The Land Our Forefathers Conquered

A long time ago, in an America now far, far away, the majority of the American people owned the land that they live on.  The term “my land” actually meant something back then.  But today that has fundamentally changed.  Now the majority of the American people owe on the land that they live on.  In … Read more

The Massive Tidal Wave Of Illegal Immigration That Threatens To Destroy The United States Economy

According to some estimates, there are as many as 30 million illegal aliens in the United States today.  The vast majority of them pay absolutely no federal or state income taxes.  And yet they seem more than happy to take advantage of the free social services and benefits offered to them.  In fact, stories of how “good” life in … Read more

If The Money Supply Is Exploding Why Are We Not Seeing Rampant Inflation?

The U.S. money supply has been expanding at an absolutely unprecedented rate.  So why are we not experiencing rampant inflation?  Why is the U.S. dollar not falling through the floor?  Well, the truth is that all of this new money has gotten into the U.S. financial system but it is not getting into the hands … Read more

Not Everyone Is Hurting – The Rich Get Richer As The Income Inequality Gap Explodes

Not everyone in America is hurting during this economic downturn. In fact, the wealthiest Americans are doing just fine. At a time when millions of Americans are losing their jobs and their homes, the folks at the top end of the income scale are actually seeing their incomes go up. In 2009, the number of … Read more

Has China Begun Dumping U.S. Treasuries?

Has China decided that now is the time to start dumping U.S. Treasuries?  The Treasury Department announced on Tuesday that foreign holdings of U.S. Treasury securities fell by $53 billion in December, which is an all-time record decline for one month.  China alone reduced its holdings by $34.2 billion.  So is this because the U.S. … Read more

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