Tag Archives: economic crisis

Do you share concerns about the world today, and the path we are headed on? Do you believe a total economic collapse is a real risk? Many would say it’s a concern but doubt it’s actually going to happen. It’s always been okay, so it probably always will be, is certainly the view that most of us hold. The thing is, though, that it hasn’t always been ok and it could easily happen again. Are you prepared for such an eventuality?

Gold has a long and impressive record of warning of trouble ahead in the global economy. It has usually been right in the past — and it is telling us right now that the outlook is much less secure than the market assumes. You ignore it at your peril.

News out of Venezuela continues to be quite grim, pointing to further economic deterioration... Here is the the latest:

Despite all you hear coming from the government’s media megaphone, there is no economic recovery underway, nor can there be one. The policies in place ensure that one will not happen.

We have not seen so many financial trouble signs all come together at one time like this since just prior to the last major financial crisis in 2008. It is almost as if a "perfect storm" is brewing, and a lot of the "smart money" has already gotten out of stocks and bonds. Could it be possible that we are heading toward another nightmarish financial crisis?

So much has been written about what various authors refer to as the economic (in alphabetical order) abyss, apocalypse, Armageddon, avalanche, catastrophe, chaos, cliff, collapse, crisis, disaster, downturn, endgame, meltdown, pain, reality, risks, situation, train wreck, tsunami, turmoil that faces the nations of the world I thought a source article of what has been said about the situation would be of interest. Have a look.

Think what is happening in Cyprus can’t happen in the U.S? More than $10.8 trillion in deposits are insured by the FDIC with a $33 billion insurance fund. That’s pretty scary,” and the best way to protect yourself is to get into real assets.

I read many hundreds of articles every week looking for writers who have an in-depth understanding of our economy and who are not reticent to tell it like it is. Monty Pelerin (a pseudonym) does just that week after week, year after year. This post includes introductory paragraphs and links to 25 of his most enlightening and current articles. Take a look. There are bound to be several that will grab your interest.

Given the hectic lives we lead you may well have missed some excellent articles on the financial plight of the U.S. and recent developments in the economy. Not to worry. Below are introductory paragraphs and links to 5 of the “best-of-the-best” articles on the subject.

To any sane person who has a grasp of what is presently occurring, it is obvious that the current state of affairs is unsustainable. The question is how long can the monetary captains' misguided policies keep us off the shoals of our economic destruction. How long can policies of "extend and pretend", "kick the can down the road" or "fake it until you make it" continue? The answer is unknowable but...when something is UNSUSTAINABLE it is INEVITABLE that it will END. TIME is the only unknown. The certainty of it ending BADLY is not. Words: 1265; Charts: 6