The post-election stock market rally is officially over. After hovering near record highs for the past couple of weeks, U.S. stocks had their worst day in six months on Tuesday. For quite […]
The United States and China are the two largest economies in the world by far, and the upcoming trade war that is about to erupt will be cataclysmic for both sides. The […]
We always knew that this would start happening. Earlier this month, I wrote about the severe economic problems that are plaguing South America, but up to this point I have neglected to […]
On Wednesday, the temporary suspension of the debt ceiling ended, and so now the federal government is not going to be able to go into any more debt until the debt ceiling […]
Has the Federal Reserve gone completely insane? On Wednesday, the Fed raised interest rates for the second time in three months, and it signaled that more rate hikes are coming in the […]
Most Americans do not understand this, but the truth is that the Federal Reserve has far more power over the U.S. economy than anyone else does, and that includes Donald Trump. Politicians […]
According to the International Monetary Fund, global debt has grown to a staggering grand total of 152 trillion dollars. Other estimates put that figure closer to 200 trillion dollars, but for the […]
It has been said that “as California goes, so goes the nation”. That is why it is such a shame what is happening to that once great state. At one time, California […]
The ninth largest economy in the entire world is currently experiencing “its longest and deepest recession in recorded history”, and in a country right next door people are being encouraged to label […]
If you didn’t know better, you might be tempted to think that “Space Available” was the hottest new retail chain in the entire country. As you will see below, it is being […]
After Tuesday night, nobody should have any more doubt that the U.S. economy has been in the process of collapsing. Donald Trump’s speech to a joint session of Congress is being hailed […]
For more than 100 years global debt levels have been rising, and now we are potentially facing the greatest debt crisis in all of human history. Never before have we seen such […]
J.C. Penney and Family Christian Stores are the latest retail giants to announce widespread store closings. As you will see below, J.C. Penney plans to close between 130 and 140 stores, and […]
Stocks have surged to new highs since the election, from already very lofty levels, on the theory that the Trump Administration and Congress would create policies that would pile enormous benefits on […]
Stratfor, referred to by Barron’s as “The Shadow CIA,” is out with a video clip providing insight into its concerns that the end may be near for the Eurozone and that the euro […]
Want to lose weight fast? Don’t worry about the latest fad diet. Just move to Venezuela. There, the new Socialist Diet has caused the population to lose millions of pounds in 12 […]
The next interest rate increase could be closer than it appears. That’s after documents released Wednesday show that Federal Reserve officials spent their meeting three weeks ago consumed with the changes brought […]
Current stock market valuations are not sustainable. If there is one thing that I want you to remember from this article, it is that cold, hard fact. In 1929, 2000 and 2008, […]
No matter what your particular political perspective is, if there is one thing that virtually everyone in the United States can agree upon it is the fact that America’s infrastructure is crumbling. […]
Total household debt climbed to $12.58 trillion at the end of 2016, an increase of $266 billion from the third quarter, according to a report from the Federal Reserve Bank of New […]
Moreover, as the Financial Times pointed out today, it’s not just subprime borrowers that are having problems making their monthly auto payments. According to data pulled from Transunion, more than 1 million […]
When the cost of living rises faster than paychecks do year after year, eventually that becomes a very big problem. For quite some time I have been writing about the shrinking middle […]
Late last week the German government moved $13 billion worth of gold from New York to Frankfurt. That shipment puts them nearly at their goal, almost four years earlier than planned. It’s […]
Their agenda may be on the rocks in the United States at the moment, but that doesn’t mean that the globalists are giving up. In fact, a major push toward a cashless […]
Professor Ted Malloch revealed that senior Greek economists have enquired about the possibility of adopting the greenback if the country crashes out of the single currency. He asserted that Athens is so […]
Panic over upcoming French elections and the Greek debt crisis can be seen in debt markets, with borrowing costs for the two countries spiking over the past week. There are further concerns […]
For $400,000, you can buy a very nice Rolls-Royce Dawn. Or you can purchase something slightly less sleek but more versatile: a flying car. Dutch company PAL-V is now taking orders for […]
In Japan, the largest holder of Treasuries, investors culled their stakes in December by the most in almost four years, the Ministry of Finance’s most recent figures show. What’s striking is the […]
Despite years of battling by the financial industry and a massive change in the way Americans use debit and credit cards, the rate of identity theft soared during 2016, a new report […]
A new recession is coming, and Donald Trump needs it to begin sooner rather than later. As I explained last week, most American voters tend to care about their pocketbooks more than […]
The establishment has been moving towards a cashless society, and they are in the process of stepping up their game. The European Union (EU) is devising a plan to limit cash transactions […]
Sears and Kmart have stopped selling Trump Home furnishings products online as the retailers’ parent company streamlines to focus on the most profitable offerings, according to a report by Business Insider. The […]
