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Category Archives: Financial
Cities where poverty is soaring
To identify the cities with the biggest increases in poverty, 24/7 Wall St. reviewed the U.S. Census Bureau’s American Community Survey 2012 three-year estimates. Because this release averages three years worth of data (2010-2012) it allows for the review of … Continue reading
The Taper Is On – 8 Ways That This Is Going To Affect You And Your Family
The unelected central planners at the Federal Reserve have decided that the time has come to slightly taper the amount of quantitative easing that it has been doing. On Wednesday, the Fed announced that monthly purchases of U.S. Treasury bonds … Continue reading
Follow the Rats
What would be a good indicator that the economy is about to collapse? In the past, I would have said a stock market collapse, the end of POMO or the end tapering by the Federal Reserve. But this is the … Continue reading
What Does Bitcoin Have in Common with the USD?
Bitcoin Crashes After China Bans New Deposits Yesterday it was the US Treasury’s Financial Crimes Enforcement Network that tightened its grip on businesses that accept Bitcoin. Today, it is China, where the world’s largest Bitcoin exchange by trading volume, BTCChina … Continue reading
83 Numbers From 2013 That Are Almost Too Crazy To Believe
During 2013, America continued to steadily march down a self-destructive path toward oblivion. As a society, our debt levels are completely and totally out of control. Our financial system has been transformed into the largest casino on the entire planet … Continue reading
The US Budget “Deal” Summarized
h/t Zerohedge.com
How The Economic Machine Works by Ray Dalio
httpv://www.youtube.com/watch?v=PHe0bXAIuk0 h/t Jim Davis
9 Key Considerations To Protect Deposits From Coming Bail-Ins
Depositors internationally should examine the financial health of their existing bank or banks. Overall, diversification of deposits now has to be considered. However, it is vitally important that those tasked with diversifying deposits do not jump out of the frying … Continue reading
No One Is Asking Why
John Boehner “got his Irish up” last week when people rejected the budget plan put forth by Paul Ryan and Patty Murray: Boehner vented his frustration, saying the groups had “lost all credibility.” For some reason, Paul Ryan felt compelled … Continue reading
Posted in Domestic Enemies, Editorial, Financial
Tagged Boehner, Ryan
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The Enforcers Just Watered the Seeds of Their Destruction
FREEMANSPERSPECTIVE The Silk Road marketplace was closed by the Feds on October 2nd. Its operator sits in a jail cell in New York. The users were scattered and victory was declared. But a funny thing happened while all the politicians, … Continue reading
Posted in Editorial, Financial
Tagged Paul Rosenberg
Comments Off on The Enforcers Just Watered the Seeds of Their Destruction
Dent, Faber, Celente, Maloney, Rogers – What Do They Say Is Coming In 2014?
Some of the most respected prognosticators in the financial world are warning that what is coming in 2014 and beyond is going to shake America to the core. Many of the quotes that you are about to read are from … Continue reading
Rep. Gohmert: Budget Deal Violates My Principles
Rep. Louie Gohmert (R-Tex.) challenged Rep. Paul Ryan’s (R-Wis.) assertion that the budget deal he negotiated with Sen. Patty Murray (D-Wash.) does not violate conservative principles even though it raises federal spending beyond the $967 billion limit set by the Budget Control Act of … Continue reading
Producer prices fall for third straight month in November
U.S. producer prices fell for a third straight month in November, pointing to a lack of inflation that could give the Federal Reserve pause as it weighs the future of its monthly bond purchases. The Labor Department said on Friday … Continue reading
Nope, No Bubbles Anywhere
Source
The IMF wants you to pay 71% income tax
by Simon Black The IMF just dropped another bombshell. After it recently suggested a “one-off capital levy” – a one-time tax on private wealth as an exceptional measure to restore debt sustainability across insolvent countries – it has now called … Continue reading
Posted in Editorial, Financial
Tagged IMF, Simon Black, Sovereign Man
Comments Off on The IMF wants you to pay 71% income tax