Are You Prepared For The Coming Economic Collapse And The Next Great Depression?
The too big to fail banks are now much, much larger than they were the last time they caused so much trouble. The six largest banks in the United States have gotten 37 percent larger over the past five years. Meanwhile, 1,400 smaller banks have disappeared from the banking industry during that time. What this … Read more
The more things change, the more things stay the same. The Great Depression actually started in 1929, but as you will see below, as late as 1933 the Associated Press was still pumping out lots of news stories with optimistic economic headlines and many Americans still did not believe that we were actually in a … Read more
Have you heard about the “wonderful” employment numbers that were just released? Last month, the unemployment rate declined to 7.3 percent. Somehow this happened even though the percentage of working age Americans with a job actually declined and the number of private sector workers fell by 278,000. So how did the federal government magically produce … Read more
Can the U.S. really afford to greatly anger the rest of the world when they are the ones that are paying our bills? What is going to happen if China, Russia and many other large nations stop buying our debt and start rapidly dumping U.S. debt that they already own? If the United States is … Read more
Russia has sold Syria highly advanced rocket launchers, anti-aircraft missiles and anti-ship missiles. In fact, the P-800 Yakhont anti-ship missiles that Russia has equipped Syria with are the most advanced anti-ship missiles that Russia has. When the United States strikes Syria, they might be quite surprised at how hard Syria can hit back. The Syrian … Read more
Are you ready to pay four, five or possibly even six dollars for a gallon of gasoline? War has consequences, and a conflict with Syria has the potential to escalate wildly out of control very rapidly. The Obama administration is pledging that the upcoming attack on Syria will be “brief and limited” and that the … Read more
While most of the country is obsessing over Miley Cyrus, the Obama administration is preparing a military attack against Syria which has the potential of starting World War 3. In fact, it is being reported that cruise missile strikes could begin “as early as Thursday“. The Obama administration is pledging that the strikes will be … Read more
What in the world is happening to our financial markets? Trading on the Nasdaq was halted on Thursday for more than 3 hours, and the only formal explanation that we got was that it was a “technical issue”. On Tuesday, Goldman Sachs made thousands of “erroneous trades” that are now being canceled. If those trades … Read more