Spreading the truth. Empowering the people.
Forty-nine per cent of Canadians believe they are teetering on the brink of insolvency, according to the latest MNP Consumer Debt Index published Monday. We were already worried about the debt … Read more
Authored by Mike Shedlock via MishTalk, Chicago Mayor Lori Lightfoot and the Teachers Union reached agreement on a deal sure to send Chicago over the cliff. The Wall Street Journal Editorial … Read more
by Simon Black Last week I told you that the US government recently reported a negative net worth of MINUS $75 TRILLION. That’s not a type-o. According to the Treasury Department’s annual … Read more
What happens to gold and silver prices when the Fed “goes all in” during the next financial crisis? Money manager Michael Pento says, “They are going to explode . . … Read more
The insolvency at CalPERS has exceeded $100,000 owed by every private citizen in California to government employees. It was $93,000 that every Californian owed back in 2016 for their state … Read more
by Martin Armstrong The largest public pension fund in the United States is the California Public Employees Retirement System (CalPERS) for civil servants. California is in a state of … Read more
THE #BOND #BUBBLE THAT ALREADY BURST 1. Once and for all, dispense with the notion that rising #InterestRates are a result of a growing #economy. Housing & industrial production is … Read more
Money manager Michael Pento predicts, “For the first time in 40 years, you are going to have bond prices and equity prices in free-fall. That happened in the 1970’s, but … Read more