Spreading the truth. Empowering the people.
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