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10.7 Percent: Unemployment In Europe Is Worse Than It Was At The Peak Of The Last Recession

March 1, 2012March 1, 2012 by Michael

The unemployment rate in the eurozone is now 10.7 percent.  That is the highest the unemployment rate has been since the introduction of the euro.  The unemployment rate in the eurozone never got any higher than 10.2 percent during the last recession.  This is very troubling news.  It was just recently announced that the eurozone … Read more

20 Signs That Dust Bowl Conditions Will Soon Return To The Heartland Of America

February 27, 2012February 27, 2012 by Michael

For decades, the heartland of America has been the breadbasket of the world.  Unfortunately, those days will shortly come to an end.  The central United States is rapidly drying up and dust bowl conditions will soon return.  There are a couple of major reasons for this.  Number one, the Ogallala Aquifer is being depleted at … Read more

55 Interesting Facts About The U.S. Economy In 2012

February 22, 2012February 22, 2012 by Michael

How is the U.S. economy doing in 2012?  Unfortunately, it is not doing nearly as well as the mainstream media would have you believe.  Yes, things have stabilized for the moment but this bubble of false hope will not last for long.  The long-term trends that are ripping our economy and our financial system to … Read more

8 Reasons Why The Greek Debt Deal May Not Stop A Chaotic Greek Debt Default

February 21, 2012February 21, 2012 by Michael

The global financial system is not a game of checkers.  It is a game of chess.  All over the world today, news headlines are proclaiming that this new Greek debt deal has completely eliminated the possibility of a chaotic Greek debt default.  Unfortunately, that is simply not the case.  Rather, the truth is that this … Read more

The Price Of Gas Is Outrageous – And It Is Going To Go Even Higher

February 19, 2012 by Michael

Does it cost you hundreds of dollars just to get to work each month?  If it does, you are certainly not alone.  There are millions of other Americans in the exact same boat.  In recent years, the price of gas in the United States has gotten so outrageous that it has played a major factor … Read more

20 Signs You Might Be A Typical American Worker

February 16, 2012February 16, 2012 by Michael

Once upon a time, anyone that was relatively competent and willing to work hard could go out and easily get a job that would enable that person to financially support a family.  Unfortunately, that is simply no longer true anymore.  Well paying “middle income jobs” are being rapidly replaced with “low income jobs” and part-time … Read more

Many Of You Will Not Believe Some Of The Things Americans Are Doing Just To Survive

February 16, 2012February 15, 2012 by Michael

You might not want to read this article if you have a weak stomach.  Most Americans have absolutely no idea what is going on in the dark corners of America, and when people find out the truth it can come as quite a shock.  Many of you will not believe some of the things Americans … Read more

A Warning Sign For The World

February 14, 2012February 14, 2012 by Michael

Any financial system that is based on debt is doomed to fail.  Today, we are living in the greatest debt bubble that the world has ever seen, and if all of a sudden people could not use credit to buy things our economy would immediately ground to a halt.  Unfortunately, no debt bubble can last … Read more

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