Category Archives: Financial

20 Signs That The Global Economic Crisis Is Starting To Catch Fire

by Michael Snyder If you have been waiting for the “global economic crisis” to begin, just open up your eyes and look around.  I know that most Americans tend to ignore what happens in the rest of the world because … Continue reading

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“Foreclosure Rebound Pattern”: Foreclosures SUDDENLY Jump 57% In California (And Soar In Much Of The Country)

From Federal-Reserve-fueled bubble to debilitating return to reality – reality being a financial calamity – to Federal-Reserve-hyper-fueled bubble: that’s the US housing market over the last ten years. There are many places around the country, including some cities in Silicon Valley, … Continue reading

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Schiff: We’re Heading For A Crisis Worse Than 2007

Washington is engaged in a massive “campaign” to make Americans believe the economy is in recovery.  But in reality the United States is at the brink of a devastating economic crash that will cause catastrophic market losses and impoverish millions. … Continue reading

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Gold Breaks Above $1,300

More…

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Another High-Yield Chinese Shadow Banking Trust Defaults

httpv://www.youtube.com/watch?v=rY0WxgSXdEE While the eyes of the world were focused on the now infamous “Credit Equals Gold #1” Chinese wealth management product – it’s imminent default and last-minute bailout by ‘investors’ unknown – the coal industry in China continued to collapse (as we noted … Continue reading

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Europe Considers Wholesale Savings Confiscation, Enforced Redistribution

At first we thought Reuters had been punk’d in its article titled “EU executive sees personal savings used to plug long-term financing gap” which disclosed the latest leaked proposal by the European Commission, but after several hours without a retraction, … Continue reading

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We Are No Longer A Representative Republic

See additional comments on Tea Party Nation. Congress approved the elimination of the debt ceiling today and the pResident is expected to sign it quickly into law. The Republican “leadership” in both the House (John Boehner) and the Senate (Mitch … Continue reading

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No Janet Yellen, The Economy Is NOT “Getting Better”

By Michael Snyder On Tuesday, new Federal Reserve Chairman Janet Yellen went before Congress and confidently declared that “the economic recovery gained greater traction in the second half of last year” and that “substantial progress has been made in restoring … Continue reading

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Balancing the Budget? Or Adding A National Sales Tax To The Income Tax?

By Publius Huldah The stated purpose of Compact for America, Inc. is to get a balanced budget amendment (BBA) ratified.  Here is their proposed BBA.  State Legislators recently introduced it inArizona. 1 The gap between what this BBA pretends to do – and what it actually does – … Continue reading

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No More Debt Ceiling: Unlimited Spending Until March 15, 2015

The House of Representatives has removed the debt ceiling: The measure approved by the House does not raise the debt limit by a set amount but does suspend it through March 15, 2015. That buys the Treasury Department the leeway … Continue reading

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GRNC-PVF Alert 02-10-14: Support Pro-Gun Legislator Rep. Larry Pittman

SUPPORT PRO-GUN REP. LARRY PITTMAN GRNC’s “Larry Pittman Benefit Shoot” is fast approaching (Feb. 27), and if you don’t have your tickets yet, now is the time to get them. Attending this event means you’re supporting North Carolina’s most pro-gun legislator, but … Continue reading

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22 Facts About The Coming Demographic Tsunami That Could Destroy Our Economy All By Itself

By Michael Snyder Today, more than 10,000 Baby Boomers will retire.  This is going to happen day after day, month after month, year after year until 2030.  It is the greatest demographic tsunami in the history of the United States, … Continue reading

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Report: ‘Avalanche’ of Regulations Still to Come Under Obamacare

The Obama administration has yet to finalize 28 additional regulations under Obamacare that could lead to an “avalanche” of regulatory burden on the economy, according to an analysis by the American Action Forum. A report released Monday by Sam Batkins, director of … Continue reading

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US economy may be stuck in slow lane for long run

In the 4 1/2 years since the Great Recession ended, millions of Americans who have gone without jobs or raises have found themselves wondering something about the economic recovery: Is this as good as it gets? It increasingly looks that way. Two … Continue reading

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Housing Bubbles…past and present, plus Jim Rogers says he’d put all his money in North Korea

httpv://www.youtube.com/watch?v=4mF7t0VVB3k#t=1020s go to minute 17:00

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