by Mac Slavo | Sep 13, 2019 | Experts, Forecasting, Headline News
A new report has said that the real United States national debt could be well over what politicians tell us it is. At a whopping $400 trillion, the U.S. debt would be 2,000% of GDP (gross domestic product) according to new calculations that include the federal...
by Mac Slavo | Jul 8, 2019 | Emergency Preparedness, Headline News
An influential survey of some of the world’s largest fund managers shows that the risk for a global financial downturn is the highest it has been in four years. Investors are now preparing themselves for the next recession, which some say, will make the Great...
by Mac Slavo | Jun 18, 2019 | Forecasting, Headline News
The mainstream media has been ignoring the problem of corporate debt in the United States. While it’s often not thought of, corporate debt can pose a huge problem to the overall economy and lowering interest rates to make borrowing money cheaper won’t...
by Mac Slavo | Mar 19, 2019 | Headline News
Peter Schiff, the CEO and chief global strategist of Euro Pacific Capital Inc., has said that we, as Americans, are not “borrowing ourselves rich” as the majority believes. In fact, as with all borrowing, it’s only making us broke. Schiff...
by Mac Slavo | Feb 28, 2019 | Headline News
The signals from financial markets today indicate that we could be on the verge of a new credit crisis. The looming debt trap threat has ensnared millions of Americans, and they firmly believe that their government (which is $22 trillion in debt) will somehow protect...