Economy
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U.S. Is Bankrupt and We Don’t Even Know It: Laurence Kotlikoff
Let’s get real. The U.S. is bankrupt. Neither spending more nor taxing less will help the country pay its bills. What it can and must...
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America Is ‘Bankrupt Mickey Mouse Economy’: CIO
America is a "Mickey Mouse economy" that is technically bankrupt, according to Jochen Wermuth, the Chief Investment Officer (CIO) and managing partner at Wermuth Asset...
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Peter Schiff: “We’re in the Early Stages of a Depression”
In August 2006, Peter Schiff, president of Euro Pacific Capital, offered what many considered to be an outlier prognosis for the economy: The exuberance would...
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Reagan insider: ‘GOP destroyed U.S. economy’
ARROYO GRANDE, Calif. (MarketWatch) -- "How my G.O.P. destroyed the U.S. economy." Yes, that is exactly what David Stockman, President Ronald Reagan's director of the...
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What collapsing empire looks like
As we enter our ninth year of the War in Afghanistan with an escalated force, and continue to occupy Iraq indefinitely, and feed an endlessly...
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40 Bizarre Statistics That Reveal The Horrifying Truth About The Collapse Of The U.S. Economy
Most Americans still appear to be operating under the delusion that the "recession" will soon... -
GDP report: Economic growth slows with 2.4 percent rate in second quarter
The recovery is fading, and a troubling new pattern is setting in: economic growth that is too slow to put Americans back to work. Gross...
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Four Shocking Bombshells Bernanke Did NOT Tell Congress About Last Week
In his testimony before Congress last week, Ben Bernanke lifted the Fed’s skirt and gave... -
Repent — The End Is Near
It is a lazy afternoon. Or at least it was until I came across a blog... -
Smoking Guns of U.S. Treasury Monetization
A significant feature of fiat money systems is the privilege for the custodian of the reserve...
