If there’s one thing that’s certain about what’s happening in the world right now it’s that uncertainty is pervading every aspect of the global economy. From fabricated employment statistics and consumer spending reports to obscene levels of debt and a failing domes...
The largest mountain of debt in the history of the world just continues to grow even larger, and everyone knows that this colossal debt spiral is not going to end well. But we all keep playing along because nobody wants the party to end. Right now, there is an unprecedented...
As Mark Twain once said, “There are lies and there are damn lies”. There is a rumor floating around the internet and it has gone viral.The rumor states that when Hillary Clinton went to China, she pledged the ownership of our homes as collateral to the Chinese so that they wo...
The world’s 85 wealthiest people have as much money as the 3.5 billion poorest people on the planet – half the Earth’s population.That’s according to Oxfam’s latest report on the risks of the widening gap between the super-rich and the poor.The report, titled “Working...
We live in a matrix that goes to unspeakable expense to nurture us from the teat to be good consumers.You are issued a tax collection number at birth (SS#), another artificial number for your credit worthiness (FICO), and then you're extended a certain amount of tokens to play "l...
Is the paper gold scam about to be brutally crushed by a crippling shortage of physical gold? If so, what will that do to global financial markets?According to the Reserve Bank of India, “the traded amount of ‘paper linked to gold’ exceeds by far the actual supply of ...
It's time to admit that we live in a false economy. Smoke and mirrors are used to make us believe the economy is real, but it's all an elaborate illusion.Out of one side of the establishment's mouth we hear excitement about "green shoots", and out of the other side comes breathle...
Earlier this year government benefits for nutritional assistance were reduced after the expiration of emergency legislation that was enacted following the 2008 financial collapse. Nearly all of the 48 million people receiving food stamp distributions were affected. The move led t...
Back in the mid-2000′s, when jobs were plentiful and everyone was concerned with buying zero-interest homes, new cars and taking luxury vacations, Mike Maloney from the Hidden Secrets of Money was warning of the financial and economic destruction to come. In his assessment, a c...
Bitcoins have been used to pay for a Tesla Model S at a Southern California car dealership, and are beginning to gain credibility with currency analysts as well.The electronic currency was accepted as payment for a Tesla (TSLA) at Lamborghini Newport Beach, according to a blog po...
The Federal Reserve Bank (FRB) warned financial institutions to reserve on-hand cash, government bonds and all highly rated assets to survive a severe economic “downturn”.The FRB outlined essential “liquidity” requirements to ensure that cash can be assessed in an instant...
You still have time, so please, act upon it! As I have warned you many times before, there will be no economic recovery, because it's impossible from where we stand today. Not only that the government has no plan for a recovery, but the signs are clear that they are preparing for...