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“Trickle-Down Poverty”: The Coming Cashless Society Is Making People Desperate

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Forget about tax policies and left-right politics with the coming era of Trump. The real trend for the direction of the economy is in the rapidly-accelerating transition to a cashless society. This vicious move by the top of the pyramid to eliminate physical currency is a drastic step towards the near-total control of society. Already, […]

Global Financial Markets Plunged Into Chaos As Italy Overwhelmingly Votes ‘No’

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Italian voters have embraced the global trend of rejecting the established world order, but the “no” vote on Sunday has plunged global financial markets into a state of utter chaos.  The euro has already fallen to a 20 month low, Italian government bonds are poised for a tremendous crash, and futures markets are indicating that […]

Helicopter Money: Global Central Banks Consider Distributing Money Directly To The People

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Should central banks create money out of thin air and give it directly to governments and average citizens?  If you can believe it, this is now under serious consideration.  Since 2008, global central banks have cut interest rates 637 times, they have injected 12.3 trillion dollars into the global financial system through various quantitative easing programs, and we have seen an explosion of government debt unlike anything we have ever witnessed before.

Housing Crash?: U.S. Existing Home Sales Fall By The Most In Six Years

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We just got more evidence that a major economic slowdown is underway here in the United States.  Existing home sales were down a whopping 7.1 percent during the month of February, and this represented the biggest decline that we have seen in six years.  This is yet another sign that we are in the early stages of a new crisis that is eerily reminiscent of what happened back in 2008.

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