Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
Today most Americans are completely obsessed with the silliest of things. They wonder how Lindsay Lohan is going to fare in jail and they agonize over who LeBron James is going to play basketball for. But when it comes to the things that really matter, most Americans are completely clueless. For example, while most Americans would … Read more
At times like these, it is hardly going out on a limb to say that we are headed for hard economic times. In fact, it seems like almost everyone in the financial world is either declaring that a recession is coming or is busy preparing for one. The truth is that bad economic signs are everywhere. … Read more
As violent protests erupted outside, the leaders of the world’s largest economies plotted the future course of the global economy at this weekend’s G20 summit. So what was decided? Well, according to various reports in the mainstream media, it was the “deficit hawks” who got their way. Apparently the consensus of the G20 meetings was that a round … Read more
Today there are literally dozens of major threats to the U.S. economy. Each one of these threats alone could cause a major economic implosion. The Gulf of Mexico oil spill, the derivatives bubble, the housing crisis, the exploding U.S. national debt and the burgeoning European debt crisis all threaten to push the struggling U.S. economy … Read more
It seems like almost everywhere you turn these days there is bad economic news. Foreclosures are setting records, unemployment remains depressingly high, poverty is exploding, U.S. government debt is wildly out of control and Europe is on the verge of an economic collapse that could send the entire globe into a devastating financial panic. If … Read more
Barring an economic bailout of mammoth proportions, the economy of Spain is completely and totally doomed. The socialist government of Spain is drowning in debt, unemployment is running rampant and everywhere you turn there are major economic problems. So will Spain be the next Greece? No. When the economy of Spain implodes it is going to … Read more
Never one to to allow a “good crisis” to go to waste, Barack Obama is pledging to use the BP oil spill in the Gulf of Mexico as an opportunity to push the U.S. Congress to pass his controversial climate bill. In fact, during a recent interview Obama directly compared the current crisis in the Gulf … Read more
Extreme volatility is not a sign of health for financial markets. But in 2010 financial markets around the globe are experiencing unprecented volatility. Why? It is because the entire world financial system has been gripped by fear. In today’s crazed environment, it seems like just about anything can set off a major panic. In fact, … Read more