Showing results for tag "debt-crisis"

Drown The Rich

Forget AOC’s 70% tax and other such mealy-mouthed measures… it’s time to drown the bastards once and for all!

Alexandria Ocasio-Cortez: A Danger to the Nation

The real world cost of “free” education, “free” jobs, “free” money and other unicorn-like fantasies.

Trump’s Dynamite

Mr. Trump did not get elected by accident or by fluke. And he did not come along at a time when things were moving along nicely.

The Foxes Are in Charge of The Swamp

No situation is so hopeless… so absurd… or so disastrous that the feds can’t make it worse. No policy is too stupid… too counterproductive… or too corrupt that it can’t become the law of the land.

Is Argentina in America’s Future?

Never before has so much fake money created so much fake prosperity and faked out so many people.

Smart Money Divorces Dumb

The U.S. government is the largest player in the financial markets.

A Whimper and a Bang

In a Whimper, prices go down, money disappears, and the economy goes into depression. After that, our guess is that the Whimper will be followed by a Bang.

How Inflation Destroys Civilization

Yesterday I told you about the unstoppable trend towards more socialism in the US. I think inflation is the primary factor driving this trend. Americans feel squeezed because the cost of rent, medical insurance, and tuition, as well as other basic living expenses, is rising much faster than their wages. This creates very real problems […]

The Coming of the Roman Tax Collectors

The Decline and Fall of the Roman Empire has been written about many times over the last two millennia, most notably in Edward Gibbon’s six-volume set of books of the same name. However, one significant aspect to the decline began in the fourth century that has received little attention from those who have written on […]

Doug Casey’s Current View of the World

Legendary speculator Doug Casey explains the difference between a national government and a nation’s economy, why the latter cannot be trusted with the former, and his perspective on today’s markets.

Doug Casey’s Current View of the World

Legendary speculator Doug Casey explains the difference between a national government and a nation’s economy, why the latter cannot be trusted with the former, and his perspective on today’s markets.

One Chart Explains Why Government Debt Is Dragging on the Economy

A concise explanation of why government debt is double-plus ungood for a country’s economy.

Weimar Greece

In 1919, the Treaty of Versailles was signed as a peace agreement after World War I. Under the treaty, Germany accepted that they had caused the war and therefore were obligated to pay reparations to the tune of US $31.4 billion (US $442 billion in today’s money).

Can We Expect the European Union to End Soon?

It’s no secret that the European Union is on the skids – every day new twists in the sovereign debt crisis dominate the headlines. But if the EU does break up, what will rise in its place? Jeff Thomas explores and weighs the possibilities.

Arrested Development

It’s time the average person on the street faces facts: bailouts, subsidies and handouts cannot continue indefinitely. Yet, for some reason, they expect it to not only continue, but for governments to increase the amounts given out. Pretty much all of our members already realize this, and have taken or are taking steps to prepare for economic problems ahead. Of course, it won’t just be a problem of economics. Today, Jeff Thomas looks at another aspect of the upcoming crisis: social upheaval.

“Closed for Remodeling”

As readers will most likely know, the US Congress, in its decision to raise the debt limit of the federal government, chose to create a “Super Committee”, which would have a temporary job of determining $1.2 trillion in budget cuts over the next ten years. After appointing this committee, Congress went on vacation for a month. Sounds reasonable, doesn’t it?

“Closed for Remodeling”

As readers will most likely know, the US Congress, in its decision to raise the debt limit of the federal government, chose to create a “Super Committee”, which would have a temporary job of determining $1.2 trillion in budget cuts over the next ten years. After appointing this committee, Congress went on vacation for a month. Sounds reasonable, doesn’t it?

How Much More Reason Do You Need?

For many years, those of us who are not American have frequently advised our American friends of the coming economic collapse of the US, suggesting that they prepare a “back door” so that they are not trapped in a location that may well be a problematic and even dangerous place to live for themselves and their families.

Give Me Liberty or Give Me Debt

Some people are more observant than others. Some are more capable of thinking outside the box than others. Whether this is by nature or nurture is a moot point.

Who’s in Charge?

For many years, we have been predicting that the die has been cast for economic and political cataclysm for the US economy and, by extension, that of the first world. Not surprisingly, the reaction by most others over the years is that the sun is still shining and that only a “Chicken Little” would be predicting a major storm. During this period, most people have said, “We’ll deal with it if it comes and not before.”

Who’s in Charge?

For many years, we have been predicting that the die has been cast for economic and political cataclysm for the US economy and, by extension, that of the first world. Not surprisingly, the reaction by most others over the years is that the sun is still shining and that only a “Chicken Little” would be predicting a major storm. During this period, most people have said, “We’ll deal with it if it comes and not before.”