The Greatest Depression Just Began. This is no Drill

The Greatest Depression Just Began. This is no Drill

Exactly a month ago I warned that the Corona Virus outbreak was going to pop the “Everything Bubble.” I did something fairly subtle. I buried my main message under a whole heap of cow manure. It doesn’t make a rat’s ass if I was right or wrong about calling for a...
Paul Craig Roberts: Remarks On The US/China “Trade Deal”

Paul Craig Roberts: Remarks On The US/China “Trade Deal”

The first thing to understand is that it is not a trade deal.  It is Trump backing off his tariffs when he discovered that the tarrifs fall on US goods and American consumers, not on China.  Trump is covering his retraction by calling it a trade...
The Decade of Debt – Peter Schiff

The Decade of Debt – Peter Schiff

Reuters has dubbed the 2010s the “decade of debt.” The Reuters report focused on the ballooning levels of corporate debt, but consumer and government indebtedness has skyrocketed over the last 10 years as well. This massive debt bubble poses a...
Nearly 1/3 of Americans Believe This Myth About the US Dollar

Nearly 1/3 of Americans Believe This Myth About the US Dollar

An eye-opening new study into financial literacy reveals just how little Americans know about the US dollar – or how the monetary system works at all. The study, sponsored by cryptocurrency firm Genesis Mining, aimed to uncover just how well the average American...