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Quantitative Easing Worked For The Weimar Republic For A Little While Too

There is a reason why every fiat currency in the history of the world has eventually failed.  At some point, those issuing fiat currencies always find themselves giving in to the temptation to wildly...

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Black Friday: A Shameful Orgy Of Materialism For A Morally Bankrupt Nation

It has been called “America’s most disturbing holiday”.  Black Friday is the day when millions of average Americans wait outside retail stores in the middle of the night in the freezing cold to spend...

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Cities All Over America Are Becoming Extremely Cruel To The Homeless

Have you ever given food to a homeless person?  Well, if you do it again in the future it might be a criminal act depending on where you live.  Right now, there are dozens of major U.S. cities that...

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The Velocity Of Money In The U.S. Falls To An All-Time Record Low

When an economy is healthy, there is lots of buying and selling and money tends to move around quite rapidly.  Unfortunately, the U.S. economy is the exact opposite of that right now.  In fact, as I...

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Greece Says That It Will Default On June 5th, And Moody’s Warns Of A ‘Deposit...

The Greek government says that a “moment of truth” is coming on June 5th.  Either their lenders agree to give them more money by that date, or Greece will default on a 300 million euro loan payment to...

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The Worst Financial Nightmare In Illinois History Erupts As State Comptroller...

Margaret Thatcher once said that the big problem with socialist governments is that “they always run out of other people’s money”, and unfortunately we are witnessing this play out in a major way in...

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