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Uh oh – here we go again. Do you remember the subprime mortgage meltdown during the last financial crisis? Well, now a similar thing is happening with auto loans. The auto industry has been doing better than many other areas of the economy in recent years, but this “mini-boom” was
Did you know that there are some U.S. states that have already officially fallen into recession? Economic activity all over the planet is in the process of slowing down, and there are some areas of the country that are really starting to feel the pain. In particular, any state that is
Warning: You May Be Next: 400,000 People Just Had Their Pensions Cut By 50%: “Going to Happen To The Rest Of Pensions in the United States”
The Central State pension fund in Kansas became the first such fund to take advantage of the 2014 law as 400,000 Americans who depend on their monthly pension income to pay for such things as their mortgage, groceries and medical expenses saw an average of $1,400 per month sliced of their monthly benefits.
There is a war on for the extermination of cash. It is the ultimate monopoly game, but there are those who are willing to put up a fight to keep cash in the game.
All of the hard economic numbers that are coming in from around the world tell us that the global economy is coming apart at the seams.
s most of the Western world is pushed into abandoning cash and embracing a fully digital cashless grid, it is apparent how vulnerable populations will become in times of crisis.
Investors are rushing for the exits and we are starting to see panic on a level that we have not witnessed since the last financial crisis.
Stock markets around the world continue to collapse as this new global financial crisis picks up more steam. The price of gold hit $1,260 an ounce at one point before settling back a bit. But even with the fade at the end of the day, it was still the biggest daily gain in more than two years.
In the days ahead, keep your eyes on Germany and Japan.