By threatening to drop money out of helicopters to fight deflation - to leave a paperweight on the "print" button if you will - Bernanke convinced the market and all of Wall Street that the Fed would always be there to step in and save the day. [In fact, however,] the whole thing was a bluff meant to prop up the markets - the famed Bernanke Put - and it was a lie. The markets will be realizing this in the coming months, if not sooner, and when they do, we'll see the REAL Collapse: the one to which 2008 was just a warm-up. [Let me explain.] Words: 444
Read More »The Ultimate Fear Mongering Video – or the Ultimate in Insights, Forecasting & Sound Advice? You Be the Judge
Warning: New evidence points toward an imminent financial collapse and the destruction of American wealth. Income, investments, retirement, and even personal safety are now at severe risk. In this new video I lay it all out for you. Words: 515
Read More »Here's How Austerity In the Eurozone is Supposed to Work – but Does It?
Is austerity working properly or is it working to bring countries to their financial knees so bankers can remake them from the ground up? Let's take a look at the infographic below which shows what we can expect.
Read More »Fact #6: America – A Super Rich Country With Supersized Hunger Pangs and Supersized Waste
Fact #6: Americans wasted enough food in 2010 to fill 91 Empire State Buildings (33.79 million tons) which was up 16% from a decade ago. The average American wastes 209 to 254 pounds of edible food each year. Meanwhile, more than 17 million American households were considered "food insecure" in 2010, meaning it was difficult to provide enough food for everyone in the family. 46 million Americans, about one in seven people, relied on food stamps.
Read More »Worldwide Decline in July Manufacturing Indices Say…a Recession is Now Here! Take a Look
One of the best leading indicators to shed light on the health of the economy is the Purchasing Managers Index (PMI). The latest local readings of the manufacturing PMI for countries around the world, as provided below, collectively give investors a critical insight into the pace of economic growth. Words: 944
Read More »Fact #5: 44% of Jobless Are Unemployed Longer Than 6 Months!
This is the 5th in a series of 100 useful facts about big issues facing American voters which are being presented by www.FaceTheFactsUSA.org every day until the election to help Americans debunk myths, hold better conversations, get involved, and make choices as smarter citizens. Today's facts are related to Jobs and the Economy.
Read More »Fact #4 from FaceTheFactsUSA.org: Twice the Time Now Spent in Traffic Congestion vs. 2010 (+2K Views)
Americans drive nearly twice as many miles as they did in 1980, but miles of public roads have increased 6% and, as such, we spend more than twice as much time in traffic congestion as we did in 2010.
Read More »Coming Collapse of the EU Banking System Will Bring About Collapse of Entire Western Financial System!
We are facing a crisis in Europe that is far, far worse than 2008. [It is so bad that,] before it ends, it is quite possible that we will see the entire western financial system collapse and a new system put into place. Words: 912
Read More »Are We Headed Down the Path to Another Great Depression? (+2K Views)
Nowadays, with the global recession on the tip of everybody's tongue, we point out in this infographic some scary similarities between the Great Depression and what is now commonly referred to as the Great Recession...Are we headed down the path to another Great Depression?
Read More »Fact #2: The U.S. Has the Highest Corporate Tax Rate in the World
100 days of facts! One new straight-up fact every day until the election from FaceTheFactsUSA.org to help Americans debunk myths, hold better conversations, get involved, and make choices as smarter citizens. Here is Fact #2 with supporting substantiation.
Read More »