Spreading the truth. Empowering the people.
by Charles Hugh-Smith Extreme levels of debt and overvaluation characterize the entire global economy, and are not limited to any one nation or sector. Financial crises come in two flavors: … Read more
via Zerohedge: The recent collapse in world trade volume is the worst since the financial crisis and as dangerous as during the dot-com bubble of the early 2000s, according to The … Read more
by Charles Hugh-Smith There are no extreme “fixes” to secular declines in sales, profits, employment, tax revenues and asset prices. The saying “never let a crisis go to waste” embodies … Read more
BY JOHN RUBINO Jim Rogers: “The coming financial crisis will be the worst in our lifetime” … James Rickards: Prepare now for the aftermath … Martin Armstrong on “the coming … Read more
Wells Fargo just reported the worst mortgage number since 2008, there mortgage origination business has been declining for many years. IMF chief says the debt level for many countries is … Read more
If the Federal Reserve has been around for over 100 years, they have intervened in every crisis, manipulated and distorted, why is this time somehow different and they will prevent … Read more
by allthedifference Make your job your number one priority. Be at work on time, work hard, contribute, don’t cause problems, keep your employer informed if you do have to miss … Read more
via theguardian: entral banks are running the risk of a severe financial crisis through policies aimed at boosting short-term economic growth, the International Monetary Fund has warned. In its half-yearly global … Read more
by John W. Whitehead If you drive a car, I’ll tax the street, If you try to sit, I’ll tax your seat. If you get too cold I’ll tax the heat, … Read more
Donald Trump made it a banner promise of his presidency to stop the US being abused as the world’s “piggybank” – but not all foreign powers seem to be … Read more
Financial Writer John Rubino says, “It is possible that a garden variety one year recession would blow-up the financial markets. That’s the stuff that they are hearing (in the White … Read more
by Dr. Eowyn A survey of 1,000 U.S. teens ages 13-18 released this week by youth organization Junior Achievement USA and Citizens Bank found that: About 1 in 3 teens don’t believe they’ll … Read more
by confoundedinterest17 Fed Chair Jerome Powell is singing “Take it easy.’ The Federal Reserve risks stoking the same sort of asset bubbles that Chairman Jerome Powell has linked to the last two … Read more
BY SRSROCCO By purchasing increasingly worthless paper assets, we can thank the central banks for propping up the global economy for the past decade. Since the 2008 financial crisis, the … Read more
London is getting hit pretty hard right now. If you’re in London or the surrounding area, please let me know what you’re seeing. Also, my friends in Ireland, are you … Read more
by Simon Black My grandfather was just a toddler when soldiers came home from World War One in 1918. They brought the deadly Spanish Flu with them, which killed well over … Read more