federal reserve

Interest Rates Zero Out When Financial System Implodes [Video]

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Interest Rates Zero Out When Financial System Implodes Greg Hunter – Financial writer, market analyst and precious metals expert Craig Hemke says the variables are so numerous it is nearly impossible to predict exactly what is going to happen in 2024.  One thing is for sure, the variables are all bad.

There is the exploding federal debt, now at $34 trillion. The federal government is on track to increase the debt by a whopping $2 trillion in one year!

There are growing global war possibilities in the Middle East, Tiawan and Ukraine.  Low unemployment numbers coming out of the BLS are lies hiding a sick economy. Continue reading →

U.S. Financial Death Spiral [Video]

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U.S. Financial Death Spiral [Greg Hunter – Analyst and financial writer John Rubino has a new warning about being fooled into thinking the economy is improving because inflation and interest rates have fallen some recently.

Rubino says, “If the U.S. government is running crisis level deficits, which it is right now, borrowing money and paying interest on it means we are in a financial death spiral.

The debt goes up, the interest on the debt goes up and that raises the debt even further, and you just spiral out of control. We are there right now. The official U.S. debt is $33.5 trillion. It’s growing by $1.7 trillion a year, and $1 trillion of that is interest costs. Continue reading →

Steps Needed To Solve The US Housing Crisis

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Steps Needed To Solve The US Housing CrisisBrandon Smith – America is in the midst of a stagflationary crisis; there’s no way around it. It doesn’t matter how much oil Joe Biden dumps on the market from the Strategic Reserves. It doesn’t matter how many jobs he is able to temporarily buy with the $8 trillion-plus covid stimulus package

It doesn’t matter how many times the mainstream media claims we are “in a recovery.” The fact is, the majority of Americans are being priced out of integral markets and the longer this goes on the deeper the hole is dug and the harder it will be for people to climb out. Continue reading →

STVR/Airbnb Has Destroyed America’s Resort Towns

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STVR/Airbnb Has Destroyed America's Resort TownsCharles Hugh Smith – It’s an old story, manifesting now in new ways. The rich, buoyed by inherited wealth and access to credit, find a locale with the qualities they desire, and buy the choicest properties for their own use, and a surrounding band of nearby properties so they won’t be bothered by the bottom 99%.

This story has a new far more destructive chapter, generated by the boom in STVRs–short-term vacation rentals. The uber-wealthy don’t need more money but they’re trained, like hamsters in a lab, to seek ways to maximize their income and capital gains. STVRs–Airbnb et al.–are highly attractive investments to the wealthy and their money-managers–the hedge funds, private equity managers, family-wealth advisors, et al. Continue reading →