Spreading the truth. Empowering the people.
Too much money concentrated in the hands of those with no common sense. Millennials (Snapchat, Uber, Lyft, Pinterest, Tesla) are as irresponsible as the boomers were in the t.co/zrE2L5YXtE mania … Read more
Elon Musk told Tesla employees the company will run out of cash in about 10 months unless “hardcore” cost-cutting efforts are made, according to an all-staff email obtained by Reutersand Electrek. The … Read more
by pale_duchess Because “credit adventurism” was the prime cause of the 2008 crash, its effects were concentrated in the credit (banking) system. But GFC II, resulting instead from “monetary adventurism”, will this time … Read more
by Simon Black The banking scandals are all starting to blur together. When I heard that five big banks were fined by regulators today, I had to think… Was that the … Read more
By Rodney Johnson The week before we married (and long before we had our first baby), almost 30 years ago, my new boss turned to me and said, “Son, you’re never … Read more
Authored by Mac Slavo via SHTFplan.com, American farmers are being pushed to the brink by government policies. Most have had enough of the trade war and are increasingly becoming impatient with … Read more
By Jared Dillian People fight about money all the time. It has been quantified. A third or more of all arguments in marriages are about money. Usually this falls into one of … Read more
“More than C$7 billion in dirty money was laundered in B.C. in 2018, hiking the cost of buying a home by about 5%, according to British Columbia’s Expert Panel on … Read more
The City of Oakland is in such dire financial straits that it is planning to use $2.9 million from state gas tax revenues to keep the city’s lights on, rather … Read more
via Richard Quinn From the lofty perch of old age, and after a lifetime of thrift, I declare that I am qualified to comment on how not to waste money. We’ve … Read more
Money printing always works pic.twitter.com/YgcZGHT5bs — OCCUPY WISDOM (@OccupyWisdom) May 7, 2019
Which class of full-time, year-round American workers has the highest median earnings? Is it the class that works for private-sector employers? Is it the class that works for the government? … Read more
Are you ready for the helicopter money? Free money for all!… Will this ever happen? If so, what are the consequences, if any? The effects of QE1, 2, and 3 … Read more
By John Mauldin The US, Europe, and most of the developed world on are the road to Japanification. The rest of us will begin to look like Japan with its … Read more
BY JOHN RUBINO Rick Rule: The macro environment is pretty constructive for gold … Kyle Bass: China’s house is on fire; if you have money invested in Asia I would seriously … Read more
Capital One CEO sees ‘degradation’ in customer credit quality Fairbank also questions whether credit reports are misleading Red flags are flying in the credit-card industry after a key gauge of … Read more