Social Security Is A Terrible “Investment”

Social Security Is A Terrible “Investment”

Social Security, the primary retirement savings tool and biggest tax for millions of Americans, is a bad deal, critics contend. They argue that mandatory Social Security is a poor investment because it only provides an average annual income of some $17,000. This is a...
Presently In A Staggering Bail-Out Of The Banking System

Presently In A Staggering Bail-Out Of The Banking System

Dear Reader, “Journalism is about covering important stories,” said one scalawag. “With a pillow.” A staggering bailout of the banking system presently proceeds apace. The mainstream financial press has seized a bed pillow, placed it over this important story… and...
There’s A Major Banking Crisis Unfolding In China

There’s A Major Banking Crisis Unfolding In China

The Chinese government isn’t exactly famous for its honesty and transparency. So when the Chinese regulators are starting to openly report trouble in their banking system, it’s time to take notice. According to the People’s Bank of China (PBOC)’s “2019 China Financial...
Egon von Greyerz: THE WORST GLOBAL DEPRESSION IN HISTORY IS NEXT

Egon von Greyerz: THE WORST GLOBAL DEPRESSION IN HISTORY IS NEXT

The last 100 years have been an illusion with fake money, fake assets & debt. We’re are all in for the biggest financial shock in the history of the world… Since the Great Financial Crisis started in 2006,  global debt has more than doubled from $125 trillion...