The current trajectory of the government suggests an impending collapse, with the stock market not far behind. However, these distractions obscure a more significant impending crisis that looms ahead.
The average worker hardly has the time or energy to decipher the confusing statements from the Federal Reserve. Exhausted from the daily grind, many remain unaware of the widening gap in wealth distribution between ordinary wage earners and the affluent elite.
Had there been a clearer understanding of the scale of the systematic theft occurring, those complicit in mass money debasement would likely face severe repercussions, possibly even a public shaming. Such consequences seem minimal compared to the impact of transforming markets into gambling venues and diminishing the rewards for honest labor. Instead, these individuals maintain their prominence by complicating simple concepts beyond recognition. Continue reading
As we approach late September 2018, it’s becoming increasingly clear that a significant event is on the horizon. While the specifics remain uncertain, it’s advisable to prepare now rather than wait for the unexpected to unfold.
Recently, an anonymous wealthy individual made headlines by purchasing a Norman Rockwell portrait of John Wayne for a staggering $1.49 million at the 12th Annual Jackson Hole Art Auction. As noted by auction coordinator Madison Webb, “There was a really positive energy in the room.”
However, such positive energy can be fleeting, much like good weather. It’s easy to foresee a potential shift from excitement to buyer’s remorse for the individual who may soon regret their extravagant purchase.
Of course, this buyer could genuinely have a fondness for classic John Wayne films or be an avid collector of Rockwell’s works. Alternatively, they might have had a windfall from a lottery win, leading to an urge to spend impulsively. Continue reading
There’s a wave of optimism spreading from various economic agencies all the way to President Trump. They are delivering a message of hope: the U.S. economy is thriving, with GDP growth outpacing the unemployment rate.
The last time we experienced such positivity was pre-smartphone, during the era of George W. Bush, when Lehman Brothers still reigned on Wall Street.
Returning to this favorable status has been an arduous journey, but step by step, we seem to be reclaiming a lost paradise. Thanks to Ben Bernanke.
According to official reports, the economy has never been stronger. The Bureau of Economic Analysis states that GDP is growing at an impressive annual rate of 4.2 percent, while the unemployment rate is down to just 3.9 percent. But that’s not the whole story…
Cannabis stocks are now the talk of the town, much like bitcoin once was. The Dow Jones Industrial Average, after a brief lull, is hitting new all-time highs. Continue reading
In the aftermath of the 2008-09 debt crisis, a strange phenomenon occurred: the overwhelming burden of debt seemed to vanish through the issuance of even more debt. This occurrence suggests that miracles do exist, surpassing even the convenience of 24-hour Taco Bell deliveries via DoorDash.
But how can piling on more debt solve the issue of excessive indebtedness? Can increasing a substance harmful to an addict ever be the remedy? As with many such scenarios, any temporary respite is often overshadowed by the long-term consequences that follow.
Eventually, we will reach a moment of truth that will distinctly separate our current reality from what lies ahead, reminiscent of how the Patriot Act historically transformed our world. To provide context for what may come next…
The current monetary system—centered on debt-driven legal tender and artificially manipulated interest rates—inevitably leads to increasingly severe economic fluctuations with each cycle. Continue reading