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Category Archives: Financial
A Letter to President Trump
Mr. President: I respectfully ask that you veto the new COVID-19 aid package. This package is being sold to the American people as an offset for the financial impact of the pandemic. However, the pork included in the package outweighs … Continue reading
Posted in Editorial, Financial
3 Comments
IMF to Use Online Search History to Impact Your Credit Score
The most transformative information innovation is the increase in use of new types of data coming from the digital footprint of customers’ various online activities—mainly for credit-worthiness analysis. Credit scoring using so-called hard information (income, employment time, assets and debts) … Continue reading
The Evils Of Money Printing (Coronavirus Response)
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On par with the terrible public health costs of covid-19 has been the horrific damage it has done to the global economy. In the US alone, over 36 million jobs have been lost (so far) and Q2 GDP is predicted … Continue reading
Posted in #coronavirus, Editorial, Financial
2 Comments
Gold & Silver Becoming Unaffordium & Unobtainium
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‘Legalized’ G20 Bank Bail-In Laws
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From 2012 G20 – the world’s largest 19 national economies, including the USA, and the European Union together, a group of 20. Additionally, there are representatives of the International Monetary Fund (IMF) and the World Bank. The G20 finance ministers and … Continue reading
Are You Ready for Bank Runs?
Washington quietly prepares a bank rescue — just in case Tucked inside Congress’ $2 trillion economic rescue package for America is sweeping authority for the government to come to the aid of the one industry that has insisted it doesn’t … Continue reading
Posted in Editorial, Financial
2 Comments
A Perfect Storm Situation
A grocer will always have food, a cobbler will always have shoes and a banker will always have money. Until they don’t. When the wealthy are fearful about having money in the bank (or the value of the dollar in … Continue reading
Posted in #coronavirus, Editorial, Financial
1 Comment
What’s Going on in the Stock Market
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For years, Peak Prosperity has been raising a loud warning of the ‘Everything Bubble’ that the world’s central banks have blown in global asset prices. Over that time, we’ve debated with hundreds of economic experts on what will be the … Continue reading
Posted in #coronavirus, Domestic Enemies, Financial
Comments Off on What’s Going on in the Stock Market
And So It Starts
It appears that a large majority people do not understand the consequences of a pandemic. No need to spend time trying to instill sapience in people. Let’s make it simple: the world’s supply chain is broken and the bankrupt fiat … Continue reading
Posted in #coronavirus, Editorial, Financial
5 Comments
Friday the 13th
Today is Friday the 13th, and we knew our bad luck had started this morning as soon as we heard the heartbreaking news that a flaming asteroid hadn’t smacked into last night’s Democrat debate. Meaning all ten candidates were able to further expound … Continue reading
Posted in Domestic Enemies, Editorial, Financial
Comments Off on Friday the 13th
“Horror” In Ghana As A Third Of Banks Shutter, Sparking Unprecedented Bank Run
It’s bad enough that drought-like conditions and rapid population growth have stoked a shortage of water and other vital resources in Ghana, a country that boasts one of the fastest growing economies on Earth (if it is still poor). But a banking … Continue reading
Floods And Drought Devastate Crops All Over The Planet – Could A Global Food Crisis Be Coming?
It looks like global food production could be well below expectations in 2019, and that could spell big trouble in the months ahead. In recent weeks, I have written extensively about the problems that we have been experiencing here in … Continue reading
Posted in Editorial, Financial, Food, War
2 Comments
I Feel Like Sarah Connor: The Coming Financial Collapse
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In the movie Terminator 2, the character Sarah Connor is in a mental institution warning about Judgment Day – the day when Skynet wakes up and triggers a nuclear holocaust. She knows what’s coming and freaks out as she desperately tries to … Continue reading
Initial Jobless Claims Crash To Lowest In 50 Years
The last time this few Americans sought the help of government after losing a job was in November 1969. More…
18 Really Big Numbers That Show That The U.S. Economy Is Starting To Fall Apart Very Rapidly
The following are 18 really big numbers that show that the U.S. economy is starting to fall apart very rapidly… #1 Farm loan delinquencies just hit the highest level that we have seen in 9 years. #2 We just learned that U.S. exports … Continue reading