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Dominique de Kevelioc de Bailleul: As another sign that American institutions have degenerated toward banana-republic class, what was once considered safe and risk-free, cash balances held at brokerage firms as well as many other institutions, are no longer safe Read more…
Michael Snyder: If you went out and took a poll of the American people on July 4th (Independence Day) and asked them if they are free, what would the results look like? Of course the results would be overwhelmingly lopsided. Most Americans believe Read more…
Michael Snyder: How is money created? If you ask average people on the street this question, most of them have absolutely no idea. This is rather odd, because Read more…
Dominique de Kevelioc de Bailleul: In a lively Saturday interview on King World News, Gerald Celente began by ridiculing the media’s propensity to jump from one hyped event Read more…
Michael Snyder: The summer of 2012 is shaping up to be very similar to the summer of 2008. Things look incredibly bleak for the global economy right now. Read more…
Michael Snyder: With each passing day, the banking crisis in Europe escalates. European banks (NYSEARCA:EUFN) are having their credit ratings downgraded in waves, bond yields are soaring and billions of euros are being pulled out of banks all across the eurozone. Read more…
Michael Snyder: In recent days, New York Times economist Paul Krugman has been doing a whole bunch of interviews in which he has declared that the solution to our economic problems is very easy. Krugman says that all we need to do to get the global economy going again is for the governments of the world Read more…
Michael Snyder: At a time when America desperately needs to come together, we are becoming more divided than ever. The mainstream media and most of our politicians love to pit us against one Read more…
Michael Snyder: What happens when debt-fueled false prosperity disappears? Just look at Spain (NYSEARCA:EWP). The 4th largest economy in Europe (NYSEARCA:VGK) was riding high during the Read more…
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Michael Snyder: The Democrats, the Republicans and especially Barack Obama promised that something would be done about the too big to fail banks so that they would never again be a threat to Read more…
Michael Snyder: Is there one thing that Tony Robbins, Ron Paul and Ben Bernanke can all agree on? Yes, there actually is. Recently they have all come forward with warnings that the national debt crisis Read more…
Dominique de Kevelioc de Bailleul: Trends Research Institute Founder Gerald Celente forecasts a pop in the much-heralded U.S. recovery. The U.S. consumer cannot continue to borrow and lead the U.S. out of its economic woes, he added. The consumer bubble, he said, is about to pop, “soon.” Read more…
Dominique de Kevelioc de Bailleul: Fearful of desperate governments taking desperate actions during the coming currency crisis, Gloom Boom Doom editor and publisher Marc Faber advises investors to Read more…
Michael Snyder: 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 Read more…
Michael Snyder: Ronald Reagan once famously declared that inflation is a tax, but sadly most Americans did not really grasp what he was talking about. If the American people truly understood what inflation was doing to them, they would be screaming bloody murder about monetary policy. Read more…
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