Prime Rate Credit

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 [...]

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 [...]

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.

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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 [...]

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 [...]