All-knowing, all-powerful central bank throws in the towel
All of these bad ideas helped create the current supply chain dysfunction. Inflation. Labor shortages. And now we see signs that…
Continue readingdebt service
Big Government and Big Inflation
Unfortunately, there is not much appetite in Congress for spending cuts…
Continue readingWall Street Banks Want To Sell Lots More Corporate Bonds Despite Alarming Rise of Zombie Companies
Wall Street banks say that subzero yields are good for selling even more corporate bonds and corporate credit? WAIT, WHAT???
Continue reading2020 Will Be a Record-Breaking Year for Debt. How Long Can This Last?
Most Americans don’t seem particularly concerned about this…
Continue readingAmericans Have Already Skipped Payments On More Than 100 Million Loans, And Job Losses Continue To Escalate
This wasn’t supposed to happen now that states are “reopening” their economies. We were told things would soon be getting back to normal and the…
Continue readingTotal U.S. Public Debt Surged Nearly $3 Trillion While Government Pays Less To Service The Debt
If Americans thought the government would be in serious trouble as its ability to service its ballooning debt would become unmanageable, guess again…
Continue readingThe Federal Counterfeiter
The Federal Reserve is not just a counterfeiter, it is also the enabler of counterfeiters. Corporations accumulate debt, which means that instead of…
Continue readingPaul Craig Roberts: We Need Debt Jubilee or System Collapses
Do we really want to hold dollars when they are creating so many? Some say we don’t know how this is going to play out, but they can’t print gold…
Continue readingMany Already Getting Burned By Inflation, Nobody Escapes Unless…
Inflation is raging in these 3 areas, and we’re not even talking about college tuition, healthcare costs, or the outrageous examples at the high end…
Continue readingEndgame: Starting In 2024, All US Debt Issuance Will Be Used To Pay Only For Interest On Debt
The US budget deficit is soaring even though the US economy is allegedly growing at a brisk, mid-2% pace…
Continue readingEgon von Greyerz: FEW Can Imagine The Coming Gold Price MULTIPLES HIGHER Than Today!
The US dollar is on its way to ZERO, and gold is on its way to MULTIPLES HIGHER. Egon explains…
Continue readingDEBT SLAVERY: US HOUSEHOLD DEBT REACHES ALL TIME HIGH OF $13.6 TRILLION
U.S. household debt has hit yet another all-time high, with about $97 trillion in housing debt and about $4 trillion in non-housing debt…
Continue readingPaul Craig Roberts: America Needs A Debt Jubilee
“This is an economy headed down, not up. Clearly, Hammurabi did far better for the Babylonians than Washington can do for Americans.”
Continue readingSURVEY: One In Four Seniors Wish They Had Taken This Basic Financial Advice Sooner In Life
It’s only natural that the majority of people find themselves wondering at some point in their lives, “Should I…
Continue readingSimon Black: Four Ways The US Govt Will Respond To Its Negative Net Worth Of $75 Trillion
Simon isn’t trying to stoke fear or panic, but the US government has a very narrow playbook to deal with it’s own admitted debt obligations. Here’s more…
Continue readingFund Manager: Trump’s NEC Director Larry Kudlow Wants A .50% Cut In Interest Rates…Why?
Larry Kudlow has called for an immediate 50 basis-points cut in the Fed Funds Rate, and Dave Kranzler explains why Kudlow may want such a cut…
Continue readingMountain Of Corporate Debt Negatively Impacting Major Companies Such As Kraft-Heinz
As major companies scramble to face the negative impacts of too much debt, the problem of bloated balance sheets is coming into sharp focus…
Continue readingFund Manager: A Debt-Riddled System That Is Hitting The Wall
The Fed always understates risks in the system, but Dave Kranzler explains that what’s really going on is a debt-riddled system hitting a wall…
Continue readingAlasdair Macleod: Return To The Gold Standard…Is That Even Possible?
Returning to a gold standard is the only way that nations can contain the costs of servicing debt and try to minimize financial damage. Alasdair explains…
Continue readingFund Manager: A Financial System Headed For A Collision With Debt
Dave Kranzler points breaks-down the evidence that the average American household is tapped-out and forced to cut back on spending…
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