Is the United States about to plunge into an apocalyptic nightmare from which it may never recover? During the Obama era conservatives often warned of such scenarios, but now things have completely shifted. At the moment, conservatives are generally more optimistic than they have been in many years, but quite a few liberals are warning […]
If anyone ever asks you how much debt there is in the world, now you will know the answer. According to the IMF, the total amount of debt around the globe has now hit a staggering 152 trillion dollars.
The pinnacle of the global financial system is warning that conditions are right for a “full-blown banking crisis” in China.
The world didn’t completely fall apart in 2015, but it is undeniable that an immense amount of damage was done to the U.S. economy. This year the middle class continued to deteriorate, more Americans than ever found themselves living in poverty, and the debt bubble that we are living in expanded to absolutely ridiculous proportions. […]
For the last several months there have been warnings of a coming economic storm, with many forecasting serious financial calamity by the Fall of this year. With stock markets in China having self destructed, Greece and Europe in another crisis, and corporate earnings for some of the world’s biggest corporations showing lackluster performance, it should […]
The billionaire owner of the Dallas Mavericks says America’s colleges are in serious trouble and that over a trillion dollars in student loans will put many of them out of business. For years the federal government has been subsidizing loans, much like they did with houses ahead of the 2008 crash. This has led to […]
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