The stock market was rattled after Donald Trump threatened to raise tariffs on Chinese goods.The Chinese replied with silly threats of their own.
Debt bubbles and credit crunches have decimated wealth, destroyed jobs and ruined families.
And the current debt crisis is escalating at an alarming pace.
So how can you protect and grow your wealth in a financial crisis? Find out here.
Mr Trump watched the stock market sink; the Dow dropped as much as 648 points intra-day. He fully intends to blame the next downturn on the Fed.
The Fed is ready to cut rates again — just like it was 2008. Republicans and Democrats are ready to spend, spend, spend…just as if they didn’t already have a trillion-dollar deficit…
If you’re at the tail end of a credit-fuelled bubble…with an overpriced stock market…a trillion-dollar federal deficit…and $72 trillion of debt…What are you going to do?
Rates have been negative for nearly the last 10 years; federal debt more than doubled, while real growth rates fell.
The key to the whole financialisation scam is what it costs to buy a ticket to ride this train — the DebtBall Express — that pulled out of the station back in 1971.
The tax cut didn’t really cut the cost of government. It simply shifted it to debt…and onto the public and into the future. And now the future is coming into view.
Over the last 10 years, for every stock bought — in net terms — by the public, the corporations themselves bought nearly 50 of them.
Word on the street yesterday was that stocks were going up to record highs ‘on earnings.’ The casual listener was invited to believe that corporate America was earning more money; … Read More
Studies show that people with more education earn more money. But this is entirely misleading. People with private jets earn more money, too, but that doesn’t mean that you will get richer if you buy…
We saw last week that the biggest burst of stimulus in the US — $3.6 trillion of quantitative easing (QE), negative real interest rates for 10 years, and deficits of $11 trillion — brought the…
Both outright socialists and capitalist reformers have more or less the same goal — to bang, bend, and bamboozle the world into a shape that is more pleasing to them.
The Trump tax cut was no real cut at all. The average person will save less than 2% on his tax bill. But his real cost of government went up — 10 times as fast.
The ‘stimulus’ programme is a wealth transfer scheme pretending to be economic policy. The Deep State, Washington, Wall Street, and The Swamp all benefit from it.