We are definitely headed in that direction. People want the government to solve all their problems rather than doing it themselves. That’s the first step. The solution, then is clear: don’t let the government do what you can reasonably do …
The three “legs” of the retirement “stool” (private savings, pensions, and Social Security) are all in dire shape. At Vanguard, the median 401(k) account value for an investor age 65 and older is a measly $58,035. After looking at the …
by Mac Slavo of SHTFplan A new alarming parallel between today’s eviction crisis and the sub-prime mortgage crisis which helped spur the Great Recession has surfaced. The economy is sending warning signs to those who choose to take heed. The eviction crisis is worsening …
Contagion is real. But it creeps up on you. Before you know it, it takes over. Just like in 2008, it will spread to places you never thought to look. Do you think that the next recession will be BETTER …
The debt expansion is relentless. It’s absolutely mind boggling in the US. As for Canada, there are no words invented yet to describe it. Do you personally see people going into excessive debt to finance their lifestyle? Debt can’t be …
https://media.blubrry.com/silverdoctors/s/content.blubrry.com/silverdoctors/How_To_Prepare_For_The_Coming_Debt_Crisis_Jerry_Robinson.mp3 Jerry Robinson of Follow The Money interviewed by Elijah Johnson of Silver Doctors Business Insider reported the global economy is in the worst shape since 2009. Jerry Robinson from Follow The Money joins Silver Doctors to discuss. The interconnectedness of the economy means if one …
by Jesse Colombo via RealInvestmentAdvice.com, In a speech in Hong Kong this week, former Fed chair Janet Yellen stated that “global central banks don’t have adequate crisis tools.” According to that logic, she believes that launching additional multi-trillion dollar rounds of …
This is insane. I can’t believe how bad it is getting in California! California is turning into a 3rd world country! There is nothing we can do about it democrats are corrupt to the core AC
Link to the Slides and Sources: https://www.itmtrading.com/blog/consi… On March 22, 2019, considered the most accurate forecaster of recession signaled red when the 3-month treasury rate paid more than the 10-year treasury did (so did the 6-month and 1-year). The last …
Rich Dad Radio Show, Released on 3/27/19 Public pensions are often compared to the real estate bubble and student loan crisis. Robert talks to Ted Siedle, a pension investigator, who reveals systemic risks in many public pensions ranging from incompetence …
In the US, here is where the next crisis is likely to Start->> pic.twitter.com/KiY3q5ADeZ — Alastair (@StockBoardAsset) March 26, 2019 How vulnerable are high yield bonds to the bubble forming in the leveraged loan market? — Pictet Asset Management (@PictetAM) …
by GoldCore – America’s “debt crisis is coming soon” warns economist Martin Feldstein – To avoid economic distress, the government has to reduce future entitlement spending – The most dangerous domestic problem facing America’s federal government is the rapid growth …
via WSJ: The most dangerous domestic problem facing America’s federal government is the rapid growth of its budget deficit and national debt. According to the Congressional Budget Office, the deficit this year will be $900 billion, more than 4% of …
SAN FRANCISCO—California’s economy is adding jobs far faster than affordable places to live, forcing some employers to leave the state as they expand. Companies that move from California have historically left behind its diverse industries, renowned public universities and balmy …
pic.twitter.com/zn2f9Jx2Uc — Alastair (@StockBoardAsset) March 20, 2019 List of Companies from FedEx to BMW Are Warning about the World Economy Executives at FedEx, BMW, UBS and others are describing bleak macro-economic conditions around the world… Trump will not be tweeting …
by Frank Holmes, CEO, U.S. Global Investors Are you sitting down for this? According to a recent survey, one in five American adults have nothing saved for retirement or emergencies. A further 20 percent have squirreled away only 5 percent …
by GoldCore In the just release Goldnomics Podcast (Episode 11), Mark O’Byrne and Stephen Flood are interviewed by Dave Russell as they discuss the systemic challenges facing our planet and the five key ways to prosper in the coming global …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But expectations & hopes for the next 6 months rise to less negative. The economic indicator of the Center for European Economic Research (ZEW) in Germany, like other business and financial indicators, has two parts: One …
by Charles Hugh-Smith Thus will end the central banks’ bombastic hubris and the public’s faith in central banks’ godlike powers. Having fixed the liquidity crisis of 2008-09 and kept a perversely unequal “recovery” staggering forward for a decade, central banks …
By Irina Slav When Venezuela’s opposition leader Juan Guaido earlier this week said he had decreed the suspension of all crude oil shipments to Cuba, he explained the move with the massive power outage that plunged a lot of Venezuela into darkness. …
via CNBC: Companies, governments and households increased their combined debt load by 50 percent in the 10 years following the financial crisis, S&P Global Ratings said Tuesday. The surge represents a 50 percent increase that the ratings firm nonetheless said …
Jim Rickards interviewed on The Investor’s Podcast Interview starts around the 1:40 mark. – Jim begins talking about fiat US dollar dominance as a tool of geopolitical power. – How the Federal Reserve bailed out the European banking system in …
By Irina Slav Earlier this month when pipeline operator Enbridge said its Line 3 pipeline will only return to operation in the second half of 2020, it was very bad news for Alberta. Producers in Alberta will have been hoping …
via investmenteurope: Global debt levels have become “higher and riskier” than that of a decade ago, meaning that “another credit downturn may be inevitable”, S&P Global Ratings has warned. In a report entitled Next Debt Crisis: Will Liquidity Hold?, published on Tuesday …
Authored by James Thompson via The Unz Review, Conventional wisdom is that it is too early to speculate why in the past six months two Boeing 737 Max 8 planes have gone down shortly after take off, so if all that …
Global Economy Weakest Since Financial Crisis (Bloomberg) — The global economy’s sharp loss of speed through 2018 has left the pace of expansion the weakest since the global financial crisis a decade ago, according to Bloomberg Economics. Its new GDP …
Do you believe that China’s economic data is fake? Also, do all countries do the same thing? The economic data we receive from every country is most likely fake. Or at least padded and puffed up to make it …
by Martin Armstrong There is a real crisis in the fertility rate which has fallen to such a low level that all the socialism going forward will simply collapse. What used to be the Baby Boom is now being called the …
