Economic collapse
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Asian investors are going haywire over the prospect of becoming independently wealthy from investing in bitcoin, the popular “crypto” currency that has risen in value by an astounding 150 percent since the beginning of the year. But this decentralized medium of exchange could be in the midst of a giant bubble, which means that many […]
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Everyone is jumping on the Bitcoin bandwagon these days as the popular cryptocurrency continues to soar in perceived value relative to the dollar. But the Bitcoin bubble could be in the final stages of inflation, warns Simon Black of Sovereign Man, meaning this bubble could burst at any moment once the mad rush of speculation […]
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The United States, after eight years of George W. Bush and eight more under Barack Obama, is now sitting at $20 trillion in debt, an amount that is more than 104 percent of our country’s annual gross domestic product. That means if we dedicated every single penny to paying that debt off — which of […]
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Let’s face it: The world is a scary place to be living in right now. Many countries are dealing with serious political instability and the threat of terrorism; economic turmoil is pervasive worldwide; Dr. Margaret Chan, director general of the World Health Organization, has warned that antibiotic-resistance might “mean the end of modern medicine as […]
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If you’re a working employee contributing to a pension fund for your future retirement, your contributions could be getting spent on payouts to current retirees rather than invested as they should be for your eventual use. That’s because pension funds tend to function more like Ponzi schemes than actual retirement programs, benefiting those who contribute […]
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A report by investment advisory firm Cornerstone Capital Group revealed that nearly half of all retail workers in the U.S. face job insecurity as use of automation technology continues to rise across the country. According to the report, around 16 million people in the U.S. work in the retail industry. This equates to about one […]
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While the mainstream media tries to paint a positive picture of economic recovery taking place in our country right now, there are some disturbing signs that a 2008-like economic meltdown is on the horizon. The U.S. GDP grew at its worst rate in three years during 2017’s first quarter, with a seasonally adjusted annual rate […]
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Most folks understand what it feels like to be in debt and how difficult it can be to get untangled from it, especially if someone loses their source of income. Debt comes from all sorts of places — mortgages, car payments, school loans, medical expenses, credit cards, capital investments, farm equipment, travel or maybe just putting food on the […]
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No doubt back in the time when Noah built his ark and gathered up animals ahead of God’s promised flood, more than a few people thought he was just a little off his rocker. Then it rained for 40 days and 40 nights. Whether or not you believe that account from the Christian Bible’s Book […]
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President Trump came in for much jeering when he told reporters he had “inherited a mess” from President Barack Obama. On the economy, though, Obama did indeed leave behind a hidden mess: a seemingly healthy jobs market dependent on cheap debt. (Article by Nicole Gelinas republished from NYPost.com) When this debt bubble bursts, just as […]
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And suddenly the storms of early Trumptopia subside, or seem to. The surface of things turns eerily placid as the sweets of May sweep away the toils of an elongated mud season. Somebody stuffed Kim Jong Un back in his bunker with a carton of Kools and the Vin Diesel video library. France appears resigned […]
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There is always something awful and tragic about watching a perfectly good ship sink. It is of course, significantly more distressing if one is on board at the time! To further imagine the captain and crew themselves … those specifically in charge of your and the ship’s well-being, were entirely responsible for the sinking … is almost […]
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The latest census numbers are in and one thing is for certain: Americans have had enough of urban liberalism. Almost every area of the country where people are fleeing in record numbers, according to the data, has been under Democratic Party rule for many decades. Meanwhile, the places seeing the most growth are, in many […]
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A well-organized prepper’s stockpile will usually include a reasonably large amount of ammunition to be used for self defense and/or hunting, and proper ammo storage is key to safety and long-term viability. Improperly stored ammunition rounds may not only become unreliable, but also dangerous to fire. From Urban Survival Site: “Having a million rounds of […]
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On Wednesday, March 15, the Federal Reserve announced it had raised its benchmark interest rate by a quarter point – a move likely to have noticeable effects on the economy, and not necessarily positive ones. In fact, many worry that the move could trigger severe financial consequences, including a long-feared adjustment of the stock market […]
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