Economic Collapse writes: Can you guess what the number one catastrophic event that Americans worry about is? There are certainly many to choose from. Many Americans are deathly afraid of a major terrorist attack. Others live in constant fear of natural disasters such as earthquakes, volcanoes and hurricanes. Still others are incredibly concerned that a [...]
In previous posts, I’ve mentioned serious fiscal problems that need to be addressed at state and local levels. This varies by region and some issues are potentially solvable. I live in Illinois, which is ground zero for fraud, corruption, underfunded pension funds and general fiscal mismanagement. It’s an example of one of the worst fiscal [...]
Economic Collapse writes: Even though most Americans have become very frustrated with this economy, the reality is that the vast majority of them still have no idea just how bad our economic decline has been or how much trouble we are going to be in if we don’t make dramatic changes immediately. If we do [...]
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As I observe the zombie like reactions of Americans to our catastrophic economic highway to collapse, the continued plundering and pillaging of the national treasury by criminal Wall Street bankers, non-enforcement of existing laws against those who committed the largest crime in history, and reaction to young people across the country getting beaten, bludgeoned, shot [...]
I have come to the conclusion that Big Brother’s subjects in George Orwell’s 1984 are better informed than Americans. Americans have no idea why they have been at war in the Middle East, Asia and Africa for a decade. They don’t realize that their liberties have been supplanted by a Gestapo Police State. Few understand [...]
“People are moving out of Mom and Dad’s basement finally, but they are renting or buying apartments rather than homes,” says one economist. View full post on Fast Money: Behind the Money
A disturbing new trend has quietly taken hold over simultaneous nationwide protests in the United States over the last few weeks. Visible throughout the Occupy Wall Street (OWS) protests, is a technique dubbed as “The People’s Microphone”. It has been deployed nationwide, and is fast becoming the dominant vehicle for group interaction and communication. So what is [...]
Martin Hutchinson writes: Think U.S. jobs are destined to drain away to China forever? Think U.S. unemployment will grow and grow while cheap overseas labor supplants American workers? Think your children will be forced to work selling Big Macs to Chinese billionaires? View full post on The Market Oracle
By Jeff Clark, BIG GOLD : In spite of constant headlines about debts and deficits, most Americans don’t really believe the U.S. dollar will collapse. From knowledgeable investors who study the markets to those seemingly too busy to worry about such things, most dismiss the idea of the dollar actually going to zero. View full [...]
The debate in Washington over the nation’s debt and debt ceiling has President Obama announcing to the White House press corps, “What we need to do is to do our jobs, and we have to do it the same way a family would do it. A family, if they get overextended and their credit card [...]
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