Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
For those seeking to move outside of the United States, figuring out the best country to move to can be a very daunting task. There are a ton of social, cultural, economic and safety issues to be considered. In addition, those who have never been outside of North America should not underestimate the severe “culture shock” that … Read more
Will the health care reform bill that the Democrats are trying to figure out a way to ram through Congress end up being the biggest tax increase in U.S. history? Unfortunately, a close reading of the bill leads to the inescapable conclusion that it will be. You see, the crafters of this legislation were smart. … Read more
Is taking all of our money out of the big banks part of the solution to America’s financial problems? The truth is that people across the United States are angrier about financial and economic issues than they ever have been in modern history. It did not sit well with millions upon millions of hard working Americans to watch their … Read more
Most Americans who closely follow economics understand that all money in the United States comes into existence as debt. Either the Federal Reserve creates it when the U.S. government borrows money, or private banks create it when they use fractional reserve banking to make loans to customers. If lending increases, it is going to create new … Read more
Once upon a time, most of us who live in America were taught that no matter what happens, if you are willing to work hard enough and long enough you can pull yourself up by your bootstraps and be able to live the American Dream. But today that is not reality for millions of Americans. Instead, … Read more
The 2009 Financial Report Of The U.S. Government has finally been released, and the news is not good. It basically confirms much of what we already know – that the United States government is a complete financial mess. The U.S. government budget deficit for 2009 was a record-setting 1.417 trillion dollars. The total liabilities of … Read more
Starting on Monday, the unemployed in the U.S. will no longer be able to apply for federal unemployment benefits or the COBRA health insurance subsidy. This means that millions of Americans that have been unemployed for a long period of time may suddenly find themselves without an unemployment check and without any health coverage. You see, … Read more
On Wednesday, Federal Reserve Chairman Ben Bernanke warned Congress that the Federal Reserve does not plan to “print money” to help Congress finance the exploding U.S. national debt. In fact, Bernanke told Congress that the U.S. could soon face a debt crisis as bad as the one in Greece if the U.S. government does not get things in … Read more