Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
If you went out on the streets and asked average Americans what the “World Economic Forum” is, how many of them do you think would be able to tell you what it is? Not very many. But it is one of the most important international economic organizations in the world. It is a non-profit foundation that … Read more
What would happen to your household if it spent $9,000 every single month but only brought in $6,000 every single month? Well, you would quickly accumulate a massive amount of debt that you would very soon not even be able to pay the interest on. You would probably have to end up declaring bankruptcy. So if it is not okay … Read more
On Thursday, the U.S. Senate voted to raise the U.S. government debt cap by another 1.9 trillion dollars. This is another 1.9 trillion dollars that our children and grandchildren will have to pay interest on for the rest of their lives. The U.S. national debt is rising at a rate that is so reckless and so catastrophic … Read more
What in the world is George Soros up to now? At the 2010 World Economic Forum in Davos, Switzerland Soros recently made the following statement: “When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.” So is Soros trying to scare … Read more
At times it can be really easy to get caught up in the data and the statistics of the economic collapse and forget that there are millions of very real stories behind these numbers. The truth is that millions of Americans have had their lives absolutely devastated by this economic crisis, and things are only going to get … Read more
The massive federal bailouts that Congress passed in 2008 and 2009 were supposed to stabilize the banking system and breathe new life into the U.S. economy. We were told over and over that the major banks were “too big too fail” and that the U.S. government was helping “Main Street” by giving massive bailouts to … Read more
With the unprecedented spending by the U.S. government over the past year and a half, shouldn’t we at least see some jobs being produced by now? After all, if we are putting our children and grandchildren into perpetual debt from which they will never emerge, shouldn’t we at least be able to put American workers … Read more
No, the headline is not a misprint. According to CNBC, the Federal Reserve bought approximately 80 percent of the U.S. Treasury securities issued in 2009. In other words, the Federal Reserve has been gobbling up the massive tsunami of U.S. government debt that has been created over the past year. This is absolutely unprecedented, and it … Read more