Here is the scenario. “Government agencies are having difficulty making their payments. State governments are issuing vouchers to pay their bills. US Social Security is late in issuing its payments to retirees and the disabled. Many banks are issuing warnings…
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With his first year in office drawing to a close, the US president has been talking up his economic record in typical Trump style. But one man who does not share Trump’s optimism is former congressman Ron Paul. He told…
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Harry Dent is at it again ; this time screaming the warning that this real estate bubble is the greatest bubble in modern history, And Australia is number two only to China in the extent of this bubble. So there…
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In his latest interview with Kitco News, Trends Seer Gerald Celente was very vocal about why the American people need to be prepared for what’s coming. “The world will witness the worst economic downturn in modern history,” Celente warned. A…
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Karen Shakhnazarov, famous Russian director said recently : I’d return to that curious statement of Mr. Soros who said that the EU will share the fate of the USSR. Mr. Soros is a cynic, but an intelligent one. I believe…
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The moment they tell you a depression is here is the moment you can’t go to the bank because they are all closed The monetary system is a major component of the whole economic system. Despite that, today we take…
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Financial systems can be affected by a large number of different scenarios, and for the most part, a country can bounce back quite quickly with severe financial fluctuations going undetected by the majority of the population. But for the causes,…
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Despite constant reassurances from federal overseers, Americans are becoming increasingly aware of the economy’s frail nature. While media pundits and analysts desperately push the failure of central planning and Keynesian economics, these five experts continue to be proven right on…
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What will happen if the “Dollar Collapses” why are interest rates staying so low, what is happening with the massive increases in consumer, government and business debt? What is the fate of the US dollar? How can you protect yourself…
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It is going to take a miracle for the U.S. economy to pull out of this new economic collapse that is on our doorstep, because the economic numbers are really starting to deteriorate very rapidly now. On Tuesday we got…
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