Silver as an investment

Category Archives: National Debt

10 Numbers That Prove That America’s Current Financial Condition Is A Horror Show

via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food. America’s long-term “balance sheet numbers” just continue to get progressively worse.  Unfortunately, since the stock market has been soaring and the GDP numbers look okay, most Americans assume that the U.S. economy is doing just […]

Bankrupt America: Bankruptcy Soars As The Country Grapples With An Unprecedented Debt Problem

via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food. America, you officially have a debt problem, and I am not just talking about the national debt.  Consumer bankruptcies are surging, corporate debt has doubled since the last financial crisis, state and local government debt […]

We Are About To See A Great, Big Debt-Fueled GDP Number For The 2nd Quarter, But There Is A Catch…

via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food. What kind of number for GDP growth in the 2nd quarter will we get on Friday? The market consensus is somewhere around 4 percent, but there are many out there that are expecting a number […]

Peter Schiff: Don’t Be Fooled By The US’s ‘Phony Prosperity’

Financial guru Peter Schiff says everyone is being fooled by the mainstream media when it comes to the economic health of the United States.  But Schiff says it is all a delusion and phony prosperity isn’t going to last. A lot of seemingly positive economic data came out last week, but in his most recent […]

When They Shall Say “Peace And Safety”: Polls Show Americans Are The Most Optimistic They Have Been In A Very Long Time

Facebook Twitter Reddit Email By a very wide margin, this is the most optimistic that Americans have been about the future since I started The Economic Collapse Blog in late 2009.  Even though the middle class is shrinking, 102 million working age Americans do not have a job, and we are now 21 trillion dollars […]

Why America Is Heading Straight Toward The Worst Debt Crisis In History

Facebook Twitter Reddit Email Today, America is nearly 70 trillion dollars in debt, and that debt is shooting higher at an exponential rate.  Usually most of the focus in on the national debt, which is now 21 trillion dollars and rising, but when you total all forms of debt in our society together it comes […]

A ‘Worldwide Depression Is Coming, Central Banks ALWAYS Cause Depressions’

Michael Pento, a money manager and economist says it is no longer a matter of IF our economy tanks, but WHEN.  And he says this time, we’ll be flung into a worldwide depression handed to us by the “hubris” of the central bankers. In an interview with USA Watchdog‘s Greg Hunter, Pento says the next […]

The Budget-Busting $1.3 Trillion Spending Bill That Was Just Passed By Congress Is A Betrayal Of The American People

I don’t know if I even have the words to express how disgusted I am with the omnibus spending bill that was just rushed through Congress.  Members of the House of Representatives were given less than 24 hours to read this 2,232 page monstrosity of a bill before they were expected to vote on it, […]

The Fed Has Its Finger On The Button Of A Nuclear Debt Bomb

This article was originally published by Brandon Smith at Alt-Market.com I hear a lot of talk lately in the alternative media (and even the mainstream media) of the potential for World War III. The general assumption when one hears that term is that “nuclear conflict” is imminent. But a world war does not necessarily have […]

Debt Cancer: More Than 80 Percent Of American Adults Owe Somebody Else Money

How long can our debt levels keep growing much, much faster than the overall economy?  We haven’t had a year of 3 percent growth for the U.S. economy since the middle of the Bush administration, but we keep borrowing money as if there is no tomorrow.  Much of the focus has been on the exploding […]