There was national attention just a short while ago on the problems that the tiny island of Cyprus was having with their banks virtually on the point of insolvency thanks to them lending so much money to the debt strapped Greece that is still having major financial problems and rampant unemployment.
Much like the [...]
To many Republicans and fiscally conservative people out there, the election has been quite the disappointment. Obama has earned himself the reputation, however unfair that he is a big spender when it comes to spending taxpayer money.
That is because his Fed Chairman Ben Bernanke has authorized endless rounds or quantitative easing, which basically [...]
What with today being election day (I’m going to the polls today, I hope you are too, this could be a very important election as the next four years are crucial to us), I thought it would be an interesting topic to tackle a question that so many people are asking themselves as they [...]
So what is all this fuss about the “fiscal cliff” that is looming for the first part of 2013? It’s basically a bunch of tax cuts and spending cuts that are supposed to come into play in early 2013 that some say will send the US economy back into a recession pronto.
That’s what [...]
Peter Schiff is a somewhat polarizing figure in the world of finance and economics. It is because (my opinion) he speaks the blunt truth that predicts things that are going to happen that no one wants to hear about because they sound quite frankly pretty dismal for our financial future here in the US.
Ben Bernanke has been a Federal Reserve Chairman that has believed a lot in fueling the economy by pumping money into it one way or another. Whether this means simply by revving up the printing presses and minting more US dollars and money or by buying treasuries or giving taxpayer rebates, the effects are [...]
In one resounding answer to this question, the answer is unfortunately NO. They cannot avoid it. Even with all the trillions of dollars in debt our government has taken on in the name of recession aversion, all we have ended up with is an unstoppable cascade of debt along with the very good potential [...]
I’m SO excited to read this new book I just got in the mail off Amazon (I buy all my books from there, who wouldn’t? sorry brick and mortars but Amazon has you beat!) It’s Peter Schiff’s new book “The Real Crash : America’s Coming Bankruptcy – How to Save Yourself and Your Country”.
Obviously the dismal and disturbing jobs report this past Friday stirred things up. The GOP was absolutely eating it up, seizing on the opportunity to blast Obama and his policies and how he hasn’t gotten us very far in his time as President. Also, ridiculous reports on none other than Fox News were saying [...]
You keep hearing murmurs of inflation coming, but still the dollar value remains high and the talks of inflation remain muted since it has not yet materialized. Another fact muting the talks of inflation is that no additional “stimulus” money has been pledged by Ben Bernanke, the charimen of the Federal Reserve.
This means [...]