This is why North Korea’s test of an intercontinental ballistic missile is so important. North Korea had test fired a total of 22 missiles so far this year, but this latest one […]
What would you do with 128 million dollars? Many people like to daydream about winning the lottery, and I have to admit that when I was much younger I would do the […]
The push toward a cashless society is becoming more of a shove. Before today I had never heard of “The Visa Cashless Challenge”, but after reading about it I have to say […]
Have you lost your spot in the middle class yet? For years I have been documenting all of the numbers that show that the middle class in America has been steadily shrinking, […]
Do you have an emergency fund? If you even have one penny in emergency savings, you are already ahead of about one-fourth of the country. I write about this stuff all the […]
The evidence that the middle class in America is dying continues to mount. As you will see below, nearly half the country would be unable “to cover an unexpected $400 expense”, and […]
One sector of the economy that is acting as if we were already in the middle of a horrible recession is the auto industry. We just got sales figures for the month […]
Most Americans have seemingly convinced themselves that as a society we will never pay a great price for going into so much debt and that we will never pay a great price […]
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 […]
Is the U.S. economy about to get slammed by a major recession? According to Gallup, U.S. economic confidence has soared to the highest level ever recorded, but meanwhile a whole host of […]
Consumers and businesses switched to the chip-based cards and readers 16 months ago to deter theft. But a study released this week from Javelin Strategy and Research found that identity fraud cases […]
For many Americans, the quality of Christmas is determined by the quality of the presents. This is especially true for our children, and some of them literally spend months anticipating their haul […]
If what a Harvard University constitutional law professor is claiming is true, the plot to steal the Electoral College vote from Donald Trump is far more serious than most people thought. Larry […]
Now that Donald Trump has won the election, the Federal Reserve has decided now would be a great time to start raising interest rates and slowing down the economy. Over the past […]
Indebted households today have credit card balances averaging $16,061 — just shy of 2008’s high, according to a new NerdWallet report, based on data from the Federal Reserve Bank of New York […]
On Friday, hordes of desperate zombies were spotted desperately trying to save a few dollars on toys, apparel and cheaply made electronic goods all over America. Seemingly oblivious to the fact that […]
If you really wanted to live like a millionaire, you could start doing it right now. All you have to do is to apply for as many credit cards as possible and […]
The big credit card companies don’t make much money off of those that pay their bills on time, and so they often specifically target less educated and less sophisticated consumers that don’t […]
In 2006, U.S. Senator Barack Obama’s voice thundered across the Senate floor as he boldly declared that “increasing America’s debt weakens us domestically and internationally. Washington is shifting the burden of bad […]
Why is George Soros selling stocks, buying gold and making “a series of big, bearish investments”? If things stay relatively stable like they are right now, these moves will likely cost George […]
For the first time ever, total credit card debt in the United States is approaching a trillion dollars. Instead of learning painful lessons from the last recession, Americans continue to make the […]
Did you know that 95 percent of all retail sales in Sweden are cashless? And did you know that the government of Denmark has a stated goal of “eradicating cash” by the […]
Credit card debt is like crack for the American consumer. A cheap alternative to pure spending cocaine but enough to keep you on the hamster wheel of consumption. I recently discussed how […]
Appearing on “Late Show” with David Letterman in 2013, First Lady Michelle Obama also told the story of how a woman once asked her for help getting something off a shelf. It’s […]
Russian President Vladimir Putin lashed out at the West on Thursday for causing his country’s economic crisis, saying it would take two years to recover. “Sometimes I think, maybe they’ll (the West) […]
Just like in a Bond movie, an army of teenage geniuses tap away at keyboards in fortified complex tucked away from prying eyes in a rogue state, bent on bringing cyber-carnage to […]
China carried out a long-range missile flight test on Saturday using multiple, independently targetable reentry vehicles, or MIRVs, according to U.S. defense officials. The flight test Saturday of a new DF-41 missile, […]
Iraq’s Ministry of Human Rights claims the Islamic State (ISIS/ISIL) murdered 150 women simply because they refused to marry or perform sexual acts with the terrorists. “At least 150 females, including pregnant […]
It takes about six hours to drive from Los Angeles to San Francisco – depending on your speed – and more than an hour to fly. But in the future, the trip […]
What would you do if you woke up one day and there was no electricity anywhere? What would you do if there was no heat, no air conditioning, no television, no ATMs, […]
It is that magical time of the year for retailers. The period between mid-October and late December can often make the difference between success or failure in the retail industry, and this year will be no exception. As you will see below, it is being projected that Americans will spend a massive amount of money this holiday season.
America’s love affair with debt is starting to be a problem. Consider: Average total debt per American with a credit file stood, in September 2013, at $37,952 in mortgage debt and $15,898 […]
