Retired Texas Republican Congressman Ron Paul and finance guru Jim Rogers appeared in the same video during a conference last month. Both men discussed the Federal Reserve’s incompetence and the coming economic collapse in the United States. It’s a short three-minute video that highlights the two men’s comments.
Archives for May 2013
Treasury to take ‘extraordinary measures’ as U.S. hits debt limit again
On Sunday, the United States federal government yet again hit the debt ceiling. The Treasury Department has already confirmed that it will take “extraordinary measures” to make sure the government continues to pay its bills. In a letter to Congressional leaders Monday, Treasury Secretary Jack Lew told lawmakers that he will begin to use the […]
The financial experts who warned us about the impending economic collapse
The number of people who warned of the economic troubles the U.S. economy would endure from 2007 and on was certainly few compared to all of the so-called experts who said everything was fine. Here is a compilation of several of them including, Ron Paul, Peter Schiff, and Gerald Celente. Then there is this series […]
25 ways to increase your savings to prepare should the economy totally collapse
Compared to elsewhere around the world, Americans and Canadians are terrible at putting money aside for a rainy day or retirement. The United States has a savings rate of 2.6 percent, while Canada’s rate of savings is 3.3 percent. Finance experts blame the economy for a paucity of savings, but consumer habits can also be […]
Nearly one-quarter of Americans to cut savings, increase debt due to payroll tax hike
At the beginning of the year, Washington lawmakers imposed a two percent payroll tax hike on wages earned up to $113,700 as part of the fiscal cliff deal. It was believed at the time that many Americans would be expected to save less, possibly cut their budgets and even take on new debt. The New […]