Total Government And Personal Debt In The U.S. Has Hit 41 Trillion Dollars ($329,961.34 Per Household)

Michael Snyder U.S. NEWS 0 Comments

We are living in the greatest debt bubble in the history of the world.  In 1980, total government and personal debt in the United States was just over the 3 trillion dollar mark, but today it has surpassed 41 trillion dollars.  That means that it has increased by almost 14 times since Ronald Reagan was first elected president.  I am searching for words to describe how completely and utterly insane this is, but I am coming up …

A Mystery Investor Has Made A 262 Million Dollar Bet That The Stock Market Will Crash By October

Michael Snyder ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS, WATCHMEN ON THE WALL 0 Comments

One mystery trader has made an extremely large bet that the stock market is going to crash by October, and if he is right he could potentially make up to 262 million dollars on the deal.  Fortunes were made and lost during the great financial crisis of 2008, and the same thing will happen again the next time we see a major stock market crash.  But will that stock market crash take place before 2017 …

As The Social Security Scam Nears Its End, Working Millennials Can’t Help But Notice They’re Being Pillaged While They’re Being Mocked

Scott Buss ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS, WATCHMEN ON THE WALL 0 Comments

Do many Millennials have a well-deserved reputation for being lazy, self-absorbed, emotion-driven snowflakes with a mind-blowingly awful entitlement mentality? Oh yeah, sure. After generations of American parents singing the praises of overtly Marxist/Socialist constructs like public schools and Social Security, what else did we expect? Yet again and again we hear self identified conservative Christians express shock and awe over the snowflakey patheticness of Millennials. So the question has to be asked: Which is worse – the snowflakes or …

California Leftist Liberals Knock Out Coal Power Plants, Seeking to Shutter Natural Gas Power Plants – Precipitating New California Energy Crisis?

Lyle Rapacki ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS 0 Comments

Donald Trump’s election sent shock waves through the American liberal, progressive (code for European Socialists), and global Elite fraternities.  Within days of Mr. Trump’s election a concerted, well organized and funded assault began to render Mr. Trump and his administration ineffective, and even impotent to change the Socialist Agenda seductively introduced since Bush, Sr. took the reins from Ronald Reagan.  The percolating socialist/Marxist minions of the Democrat Party have boiled over into a spectacle of …

Media Shocked to Discover Trump’s Tough Talk on Trade is… Working!

Onan Coca ECONOMY, FEATURED ARTICLES, POLITICAL, SUPPORT A FREE USA!, U.S. NEWS, WATCHMEN ON THE WALL 0 Comments

Let me begin this by stating, unequivocally, that I am a supporter of “real” free trade. In fact, candidate Trump’s rhetoric on trade was one of the reasons I preferred other candidates during the GOP primary. However, the President himself has argued that he is also for free trade… as long as it is “fair” trade as well. In this, he has an important point to make. As the nation that attempts to take the …

The World Is Now $217,000,000,000,000 In Debt And The Global Elite Like It That Way

Michael Snyder ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS, WATCHMEN ON THE WALL, WORLD NEWS 2 Comments

The borrower is the servant of the lender, and through the mechanism of government debt virtually the entire planet has become the servants of the global money changers.  Politicians love to borrow money, but over time government debt slowly but surely impoverishes a nation.  As the elite get governments around the globe in increasing amounts of debt, those governments must raise taxes in order to keep servicing those debts.  In the end, it is all …

Janet Yellen Says A New Financial Crisis Probably Won’t Happen ‘In Our Lifetimes’ But The BIS Says One Could Soon Hit ‘With A Vengeance’

Michael Snyder ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS 0 Comments

Federal Reserve Chair Janet Yellen is quite convinced that the United States will not experience another financial crisis for a very long time to come. In fact, she is publicly saying that she does not believe that another one will happen “in our lifetimes”. But there are other central bankers that see things very differently. In fact, a new report that was just released by the Bank for International Settlements is warning that a new …

We Are Getting Very Close To An Inverted Yield Curve – And If That Happens A Recession Is Essentially Guaranteed

Michael Snyder ECONOMY, FEATURED ARTICLES, POLITICAL, U.S. NEWS, WATCHMEN ON THE WALL 0 Comments

If something happens seven times in a row, do you think that there is a pretty good chance that it will happen the eighth time too?  Immediately prior to the last seven recessions, we have seen an inverted yield curve, and it looks like it is about to happen again for the very first time since the last financial crisis.  For those of you that are not familiar with this terminology, when we are talking …