“I refuse to pay you one more red cent!”

Karl Denninger posted this one over at Market Ticker and I had to pass it on to our readers. There are several SHTF Plan readers that are also staging a debtor’s revolt by halting payments on credit cards, mortgages, and even hospital bills. Consumers are...

Spendingless Recovery Underway

In recent weeks, as predicted by Gerald Celente, we’ve heard the mainstream media talk about the “jobless recovery” in our economy. Now, we have even better news coming from the Federal Reserve as outlined by Karl Denninger in The Government’s...

1 in 6 Americans Out of Work

The Bureau of Labor Statistics reported today that the U-3 unemployment rate rose to 9.7% in August, up from 9.6% in July. In One Word: Yuck, Karl Denninger focuses in on the U-6 figure, which is a more accurate count of the job stuggles average Americans are...