Countries like Australia and New Zealand are in a very risky position. For years, China has been the major export partner for raw materials like logs and iron ore, plus consumer items such as dairy…
The US economy is drowning under the weight of its public and private debt.
But is it too soon to call the end of this financial, military and political empire? Only time will tell.
Either way, you need to make sure your investments are on the right side of the trade. These articles can help you do that.
The economy is limping…staggering…and buckling. And you know what that means — cheaper credit…and more money for speculators!
Will all this spending, inflating, and rate-cutting really make the economy healthier? Of course not.
You borrow the money. You buy the house. You sell the house 20 years later…and you give back the money. You would have enjoyed two decades of free housing.
In the 21st century, GDP growth rates slowed. Debt increased. Imports soared; exports slumped. And the perversities and absurdities increased.
When the economy is healthy and growing, people buy stocks and the index generally goes up. When it is fearful and correcting its mistakes, they buy gold and the index goes down.
Like a powerful drug, the phony money corrodes and disfigures your economy. Your teeth rot; your brain shrivels.
Faced with the next crisis, the grease monkeys at central banks are going to do what everyone expects them to do. They’ll turn the screws on savers, harder than ever.
Markets, economies, and even empires move in great, long-term swings. Sometimes they are forward-looking and expansive. Sometimes they retreat…
We’re in the longest bull market in US history. Volatility is the new normal. You just have to get used to it.
Why is the average US man poorer today than he was 45 years ago? His income is lower. And a typical lifestyle costs him twice as many work hours as it did then.
You could buy the Dow with 40 ounces of gold in January 2000. By January 2011, the Dow 30 stocks would cost you only 8 ounces.
If you want to make money — whatever route you choose — the road to profit is paved with both opportunity and crisis. No risk, no reward.