Inflation enters the economy in stages. It’s not as though the Fed begins to print money and poof! Inflation appears. It takes time. This article explains the 3 stages of inflation and where we are at the present time.
Read More »Debasement of Western Currencies Leading to Hyperinflation – Got Gold?
It is critical to heed the strong warning signs of deep trouble coming in Europe, Japan and the USA. A 75-79% fall in the currencies of these countries is telling us that they will all go to their intrinsic value of ZERO in the next few years. This will lead eventually to the same hyperinflation as in Argentina and Venezuela...
Read More »Do You Still Believe Any Of These 6 Home Buying Myths?
...If you want to alleviate some of the uncertainty that comes with buying your first home, it's time you learned the truth about 6 home buying myths too many consumers still believe.
Read More »Debt Delinquencies: What Comes Next Won’t Be Exactly ‘A Good Time’
There is a strong correlation – both historically and logically – between interest rates and credit card debt delinquencies. As rates rise, outstanding debt burdens become difficult to service so, until the Fed reverses their tightening, things will only worsen for credit-card users from here. That’s why a serious question needs to be asked: with auto loans, student loans, and credit card delinquencies all on the rise – and we’re not even in a recession – what can we expect from here?
Read More »The U.S. Dollar; Interest Rates; Economic Growth; Inflation Rate – Things Are Going To Get Choppy (+2K Views)
If the dollar keeps rising - which I don't believe it will, or can - U.S. exports will fall and imports will rise, negatively affecting GDP and the trade deficit. Things are going to get choppy.
Read More »A Return to Double-Digit Inflation Of 1970s Extremely Unlikely – Here’s Why (+2K Views)
Everyone seems to be preoccupied with rising inflation nowadays. While I agree that inflation will rise over the next 1-3 years, I don’t think it will even reach high-single digit levels. A return to the 1970s’ double-digit inflation is extremely unlikely. [Here's why.]
Read More »Does New Debt Add to GDP Or Put A Drag On Growth? This Chart Provides the Answer (+2K Views)
We have lived through a credit induced holographic standard of living considered to be “normal”. Never...has a genuine lifestyle been funded continuously on credit. Each attempt always failed miserably. The only difference today is that more of the world is involved along with more credit used than ever before. The only logical conclusion is this latest credit experiment to fund lifestyle will fail on a far grander scale than ever before!
Read More »The 10 Wealthiest Countries – Today & 10 Years From Now (+2K Views)
According to market research company New World Wealth, the world has increased in private wealth by 12% over the past year to $215 trillion [of which,] incredibly, the vast majority of this wealth – about 73.5% – is held by the following 10 countries:
Read More »World Swimming Naked In A Tide Of Debt: Major Debt Restructuring Now Inevitable
Almost all governments and commentators have lined up since 2009 to support the money-printing policy but the hard bit happens now as it starts to become obvious that the policy has failed. We now have all the debt, but we don’t have the growth that would enable it to be paid off
Read More »The Idea That the Yuan Will Soon Replace the USD As the World’s Reserve Currency Is Ridiculous! Here’s Why (+2K Views)
The petroyuan has launched. Let's investigate its success or lack thereof, primarily the latter.
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