Posts Tagged ‘debt’

Living In A Country Where Almost Everyone Is Broke

July 30th, 2014

debtDid you know that 77 million Americans have unpaid debts that are “in collections” and that Congress is actually thinking about letting post offices offer payday loans?  We live in a country where almost everyone is drowning in debt and where most people Read more…


Are We Living In A Bubble Economy?

July 9th, 2014

dollar money bubbleIs there any doubt that we are living in a bubble economy?  At this moment in the United States we are simultaneously experiencing a stock market bubble, a government debt bubble, a corporate bond bubble, a bubble in San Francisco real estate, a farmland bubble, Read more…


Total Debt In America Hits A New Record High

June 16th, 2014

debtWhat would you say if I told you that Americans are nearly 60 TRILLION dollars in debt?  Well, it is true.  When you total up all forms of debt including government debt, business debt, mortgage debt and consumer debt, we are 59.4 trillion dollars in debtRead more…


19 Reasons That Show The Economy Is In Trouble

June 11th, 2014

economyHave you heard the one about the “economic recovery” in the United States?  It’s quite funny, but it is not actually true.  Every day, the establishment media points to the fact that global stock markets have soared to unprecedented heights as evidence that Read more…


27 Huge Red Flags For The U.S. Economy

May 20th, 2014

economyIf you believe that the U.S. economy is heading in the right direction, you really need to read this article.  As we look toward the second half of 2014, there are economic red flags all over the place.  Read more…


How Long Can America Continue To Burn Up Wealth?

April 4th, 2014

wealthHow long can America continue to burn up wealth?  How long can this nation continue to consume far more wealth than it produces?  The trade deficit is one of the biggest reasons for the steady decline of the U.S. economy, but many Americans don’t even understand what it is. Read more…


Too Big To Fail Is Now Bigger Than Ever

March 10th, 2014

banksNone of the problems that caused the last financial crisis have been fixed.  In fact, they have all gotten worse.  The total amount of debt in the world has grown by more than 40 percent since 2007, Read more…


Russia Threatens To Abandon The U.S. Dollar

March 5th, 2014

dollar etfThe Obama administration and the hotheads in Congress are threatening to hit Russia with “economic sanctions” for moving troops into Crimea.  Yes, those sanctions would sting a little bit, but what our politicians should be made aware Read more…


The U.S. Has No Good Options In Ukraine

March 3rd, 2014

russiaSo much for “isolating” Russia.  The Chinese government is publicly siding with Russia on the crisis in Ukraine, and that is very bad news for the United States.  Read more…


China Starts To Make A Power Move Against The U.S. Dollar

February 20th, 2014

dollar etfIn order for our current level of debt-fueled prosperity to continue, the rest of the world must continue to use our dollars to trade with one another and must continue to buy our debt at ridiculously Read more…


The Coming Demographic Tsunami That Could Destroy Our Economy

February 11th, 2014

Economy recessionToday, more than 10,000 Baby Boomers will retire.  This is going to happen day after day, month after month, year after year until 2030.  It is the greatest demographic tsunami in the history of the United States, and we are woefully unprepared for it.  Read more…


Calls For A Global Currency To Replace The U.S. Dollar

February 7th, 2014

dollar etfThe former chief economist at the World Bank, Justin Yifu Lin, is advising the Chinese government that the time has come for a single global currency.  Lin, who is also a professor at Peking University, says that the U.S. dollar “is the root cause of global financial Read more…


The Stock Market In Japan Is Collapsing

February 4th, 2014

japanese GDP growthDid you see what just happened in Japan?  The stock market of the 3rd largest economy on the planet is imploding.  On Tuesday, the Nikkei fell by more than 610 points.  If that sounds like a lot, that is because it is.  Read more…


Top 1% Has 65 Times More Wealth Than The Bottom Half

January 21st, 2014

john-paulsonDid you know that the 85 richest people in the world have about as much wealth as the poorest 50% of the entire global population does?  In other words, 85 extremely wealthy individuals have about Read more…


Trouble Ahead For The U.S. Economy?

January 2nd, 2014

economyIs the U.S. consumer tapped out?  If so, how in the world will the U.S. economy possibly improve in 2014?  Most Americans know that the U.S. economy is heavily dependent on consumer spending.  If average Americans are not out there spending money, Read more…


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