Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
We are just inches away from the outbreak of World War III, and yet most Americans seem completely oblivious to what is happening. On Friday, North Korea conducted a missile test which proved that it now has the capability of hitting major U.S. cities in the western half of the country. Every diplomatic effort to … Read more
We are living in the greatest debt bubble in the history of the world. In 1980, total government and personal debt in the United States was just over the 3 trillion dollar mark, but today it has surpassed 41 trillion dollars. That means that it has increased by almost 14 times since Ronald Reagan was … Read more
One mystery trader has made an extremely large bet that the stock market is going to crash by October, and if he is right he could potentially make up to 262 million dollars on the deal. Fortunes were made and lost during the great financial crisis of 2008, and the same thing will happen again … Read more
The push toward a cashless society is becoming more of a shove. Before today I had never heard of “The Visa Cashless Challenge”, but after reading about it I have to say that I am quite alarmed. Visa is trying to “encourage” businesses to go cashless, and one of the ways that they will be … Read more
Did you know that the federal government is going to spend more than 4 trillion dollars this year? To put that into perspective, U.S. GDP for the entire year of 2017 is going to be somewhere between 18 and 19 trillion dollars. So when you are talking about 4 trillion dollars you are talking about … Read more
Why do we celebrate the 4th of July? If you were to ask average people on the street this question, many of them would mumble something about “independence”, but the truth is that most Americans would not be able to tell you clearly why it is a holiday. According to Wikipedia, the 4th of July … Read more
Federal Reserve Chair Janet Yellen is quite convinced that the United States will not experience another financial crisis for a very long time to come. In fact, she is publicly saying that she does not believe that another one will happen “in our lifetimes”. But there are other central bankers that see things very differently. … Read more
Margaret Thatcher once said that the big problem with socialist governments is that “they always run out of other people’s money”, and unfortunately we are witnessing this play out in a major way in the state of Illinois right now. At this point, the Illinois state government has more than 15 billion dollars of unpaid … Read more