Posts In Category
Economy
12 Ways The Economy Is Already In Worse Shape Than It Was During The Depths Of The Last Recession
Did you know that the percentage of children in the United States that are living in poverty is actually significantly higher than it was back in 2008? When I write about an “economic collapse”, most people think of a collapse of the financial markets. And without a doubt, one is …
4 Things That Are Happening Today That Indicate That A Deflationary Financial Collapse Is Imminent
When financial markets crash, they do not do so in a vacuum. There are always patterns, signs and indicators that tell us that something is about to happen. In this article, I am going to share with you four patterns that are happening right now that also happened just prior …
Barack Obama Promises That Events In Greece And Puerto Rico Will Not Cause A Global Financial Crisis
Barack Obama says that we shouldn’t be alarmed by what is happening over in Greece. On Tuesday, he told reporters that this “is an issue primarily of concern to Europe” and that “I think the markets have properly factored in the risks involved.” And apparently Obama is not too concerned …
Why The Puerto Rico Debt Crisis Is Such A Huge Threat To The U.S. Financial System
The debt crisis in Puerto Rico could potentially cost financial institutions in the United States tens of billions of dollars in losses. This week, Puerto Rico Governor Alejandro Garcia Padilla publicly announced that Puerto Rico’s 73 billion dollar debt is “not payable,” and a special adviser that was recently appointed …
New York Stock Exchange Comes to Screeching Halt – Stocks Plunge
The New York Stock Exchange came to a screeching halt amid what the NYSE said were “technical issues that affected symbols,” according to Bloomberg’s Julie Hyman. That’s not all though. According to USA Today: The losses in U.S. stocks following a global selloff Wednesday accelerated when trading at the New …