Economic Collapse / 18 posts found
The Small Business Apocalypse- Millions Of Small Businesses Closing Everywhere Disaster
In this video I cover an article entitled “One Block In America Six Businesses On the Brink Of Disaster”. Here is the link for your review:https://www.cnn.com/2020/04/01/business/one-block-small-businesses-los-angeles/index.html
3.7 Trillion In Consumer Credit- Credit Madness Debt To Our Eyeballs!!!
In this video I go over an article I read entitled The secret to the current recovery is Americans have taken on 3.7 trillion in consumer credit debt. Although I paraphrase the title hear the article shows how the American consumer is spending beyond their means. There is now record credit card debt, student loan debt, and record auto debt. No wealth is being built just consumer credit that will form another epic crash in the not too distant future.
2018 Will Finally Bring The Pension Crisis to Light-Pension Crisis Unfold 2018
In this video I go over an article that explains how in 2018 the magnitude of the Pension Crisis will finally come to light. This will be done by one item. Starting in 2018 the Governmental Accounting Standards Board (GAAP) for state and local governments will force individuals to record health care liabilities on their balance sheets. Pew Charitable Trusts estimates the national short fall will add up to 645 billion. This is already top of the estimated 1.1 trillion in unfunded pension liabilities they already had. No matter how you cut it 2018 will finally bring the Pension crisis […]
Stock Market Crash- Will the Stock Market Crash Soon?
The Dow has dropped over 1,500 points over the last week. Now the question: Will the Stock Market Crash Soon has actually really shown some legs. But is this the Crash? Well that remains to be seen. However, Mike Maloney has done a follow up video to his new year “Things To Come” Covering that very question. I have enclosed the video not only because of the recent stock market crash but because Mike’s insight is beyond reproach. The video is only 8 minutes and Mike covers a lot and provides a surprising answer to the question of will the […]
Everything Bubble- Stocks Real Estate and Bonds Make Up the Everything Bubble.
Everything Bubble is what financial pundits and experts have been toting to discuss where we are economically. Why is this is important? Here is a simple answer we never been here before financially. Let me paint you the financial landscape so you can get a good feel of the magnitude of the problem. We have had stocks go insanely up and even the minor correction is only short lived before a new high is reached.. We have bonds who have been in a bull market for over 30 years. We have Central Banks globally coordinating the biggest economic experiment ever […]