Economy

Puerto Rico is just the tip of the iceberg of the coming debt crisis in the western hemisphere as Greece is just the tip of the iceberg of the coming debt crisis in Europe.

It takes some time for new innovations to develop the infrastructure to reach their hyped potential [but] there is ample evidence [seen HERE] that shows that cryptocurrencies and Bitcoin are along that path.

Chilling references to a potential (likely) financial crisis in Canada keep cropping up in official statistical data releases. First it was concerns about the housing bubble there and the high level of personal debt to income, now it's about how hard manufacturing is getting hit there in spite of the loonie (Canadian dollar) dropping 17% against the US dollar in the past 15 months. It really begs the question "Oh Canada, Are You Prepared For What's Coming?"

This isn't the time to listen to those leading politicians, economists and pundits who say we're not in a bubble and we're finally seeing a sustainable recovery. We're not. Central banks can't keep this bubble going forever... [Instead,] you need to prepare for another across-the-board bubble burst and the deepest downturn since the Great Depression, with deflation, not inflation, and this time, in spite of what others such as Jeff Clark might tell you, Gold will not be your defense, it will be your downfall. Here's why.

Every year the World Economic Forum surveys 900 global experts as to the global risks that could most likely disrupt global economic activity. Over the course of the last year risks such as state collapse or crisis, interstate conflict, terrorist attacks, and weapons of mass destruction have all soared.

The dismal news of 0.2% GDP growth for the first quarter only confirmed that the U.S. is in the midst of its slowest recovery in half a century from an economic crisis - Here are 6 solutions that we think should be part of any serious 2016 presidential candidate's platform.

A currency war is a battle, supposedly an economic policy to cheapen a country's currency compared to that of others, to promote exports but the real reason, the one that’s less talked about, is that countries actually want to import inflation - a way of creating monetary ease and importing inflation. Let me explain.

When the Fed eventually raises interest rates it will likely usher in an unprecedented era of financial market instability and accelerated economic decline, and consequently, heightened social unrest, geopolitical instability, and a host of other nasty events

The Canadian housing bubble will never blow up. There’s simply too much “plankton” in the water. It keeps the “food chain” healthy and offers ample nourishment for the “big wales and sharks” and shorting the Canadian housing bubble is useless. Here's why.

In 1990, Canadians owed 85 cents for every dollar of annual disposable income. Today that number has grown to a record $1.63. Meanwhile, Canadians are saving just 3.6% of their incomes today – a drop from 12% in 1990. Rising household debt levels have some sounding the alarm.