RSSCategory: Category: Economy

Another Day Older and Deeper in Debt

| November 5, 2015 | Category: Economy
Another Day Older and Deeper in Debt

Debt overwhelms most people in debt based fiat currency economies. Credit cards, auto loans, student loans, mortgages, and more … Debt overwhelms most governments in debt based fiat currency economies. They are in debt because governments spend more than their revenues, which is a truly simple concept. However, don’t expect fiscal sanity to return anytime soon.

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Countdown To The Debt Ceiling Deadline

| October 26, 2015 | Category: Economy
Countdown To The Debt Ceiling Deadline

The Treasury Department declared a debt ceiling deadline of November 3rd. Outgoing House Speaker John Boehner will try to push through a debt increase before his scheduled departure on Friday (when he’ll likely hand over the gavel to Paul Ryan). If Congress can’t come to an agreement this week, markets could get rattled on the looming possibility of a U.S. default.

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Boehner Vows to Ram through More Deficit Spending

| September 29, 2015 | Category: Economy
Boehner Vows to Ram through More Deficit Spending

Assuming the debt ceiling is eventually raised, the move will make the coming debt reckoning that much bigger. Officially, the national debt now comes in at $18.1 trillion – about equal to the nation’s total economic output for a year. Adding in all projected unfunded liabilities brings the total to about $210 trillion, as calculated by economist Lawrence Kotlikoff.

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NWO In Its Element: Problem, Reaction, Solution. Beware.

| August 22, 2015 | Category: Economy
NWO In Its Element: Problem, Reaction, Solution. Beware.

It occurs to us that we are all in the midst of the New World Order going about business as usual, creating Problems, and the bigger the better, then watching reactions of the masses, even governments. The worse possible the problems, the more horrifying the Reactions the better. For waiting in the wings is their planned Solution, all leading toward global takeover under a one world rule, like the UN.

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The Economy is in Liquidation Mode

The Economy is in Liquidation Mode

For centuries, people living in Western Civilization have been accumulating capital. They have not simply subsisted, and left the world the same as when they entered it. They have been creating more than they consume, passing on new wealth to their children. The Fed’s falling interest rate has slammed this process into reverse. It has put the entire economy into liquidation mode. It has forced people to consume their capital.

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Inflation Deniers Emboldened by Gold’s Struggles

| July 28, 2015 | Category: Economy
Inflation Deniers Emboldened by Gold’s Struggles

The inflation camp shares the conviction with deflationists that there is too much debt in the system. But they differ on the outcome. Harry Dent and those in his deflation camp figure that central banks and governments will ultimately be powerless to stop default. They think the purchasing power of the dollar will rise against everything else, including gold. We expect default to occur primarily through inflation, with debts stealthily repudiated through repayment in less valuable dollars.

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Ron Paul: Look to Switzerland for Path toward Peace

Ron Paul: Look to Switzerland for Path toward Peace

Ron Paul says people seeking to advance peace can learn much from looking to Switzerland. Paul states in an interview that he likes Switzerland’s “very successful national defense,” and adds “there is no reason that we can’t use that as a starting point.”

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Gold, Silver and Greek Referendum – Expect Fireworks

| June 29, 2015 | Category: Economy
Gold, Silver and Greek Referendum – Expect Fireworks

I got a friendly invitation from TheDailyCoin.org to speak about Greece (the coming referendum but also the root of the ongoing problems), as well as the precious metals market.

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It Takes a Village

It Takes a Village

This village was a long, long way away and this story happened before the world developed High Frequency Trading, Derivatives, Quantitative Easing, PhD economists, central banking, paper money, and career politicians to manage the affairs of our nation, so this story may not be relevant to our modern and sophisticated world.

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Western World’s Worst Enemy For Freedom

| June 20, 2015 | Category: Economy
Western World’s Worst Enemy For Freedom

Cui bono, Obama? Certainly not American citizens. Whenever Obama shouted out, “Yes, we can!” during his campaigns, stupid Americans thought he was addressing them. Hell no. He was talking to the elites but just not telling anyone.

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Claudio Grass: Gold, Greece And The War On Cash

Claudio Grass: Gold, Greece And The War On Cash

By Shadow of Truth from The Daily Coin: There is a trend, we can see a clear opposition is growing, we have more people moving toward our point of view than the Statists’ views. At the end of the day, how much worse does it need to become until the people finally realize that they are completely enslaved.

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Gold versus the Status Quo

Gold versus the Status Quo

The status quo is heavily slanted in favor of fiat currencies, against gold, and maintaining their power and wealth. The anti-gold sentiment is quite strong. It reminds me of two thoughts. If everyone is thinking the same thing, no one is thinking. If everyone is leaning over the same side of the boat, watch out.

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Elite’s Game Of Jenga In Place. You Should Not Own Gold Or Silver.

Elite’s Game Of Jenga In Place. You Should Not Own Gold Or Silver.

If you let the Harlan K Ullmans of the world dominate your life, or go through life in an unexamined manner, the elite’s unfolding game of Jenga, unseen but visible to the curious eye seeking to be informed, will destroy you. None of those in control want you to own gold or silver. It is an act of individualism, a non-state action, but if you do not have or own either gold/silver, you are playing totally into the hands of those state-actors bent on making you subject to their whims.

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An Insane Financial World

An Insane Financial World

A few words come to mind: anger, anguish, bankruptcy, betrayal, depression, recession, repression, riots, stagflation, and trauma. In a saner world, we will depend far less on fiat currencies that are devalued easily and inevitably. Instead we will trust gold and silver more and paper much less. My advice: Create your own financial sanity!

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