Just how bad is the global debt problem? Well, according to one financial analyst, it’s so bad that it could eventually kill millions of people on a worldwide scale. Greg Mannarino, an analyst and contrarian investor of Traders Choice, spoke with X22 Report Spotlight and warned that the immense debt bubble has contributed to the […]
Archives for May 2015
Senators Vitter, Warren introduce legislation to limit Federal Reserve bailouts
The power of the Federal Reserve could soon be somewhat curtailed if certain legislation is passed. Louisiana Republican Senator David Vitter and Massachusetts Democratic Senator Elizabeth Warren have partnered up to establish legislation that would limit the Federal Reserve’s power to bail out financial institutions in times of crisis. According to news releases, Vitter and […]
Video: How government policies hurt the poor
The government may have good intentions when it comes to helping the poor. Unfortunately, when it comes to legislation, there is an immense amount of unintended consequences. This latest segment from John Stossel highlights how many government policies actually do more harm to the impecunious than good. Yet, for some reason, people still advocate for […]
Millionaire Congressman: Impoverished Americans are ‘envy of the world’
Are the poor in the United States better off than the impecunious in India or South Africa? This has been an important question in the discourse of income inequality. Some say it’s irrelevant, while others posit it shows how great the poor have it a first-world, capitalist country. Darrell Issa, a California Republican Congressman, who […]
The Bubble Everything: Picasso painting could set auction record at estimated $140 million
The money-printing from the Federal Reserve is seeping into everything. From vintage cars to social media, the freshly created money has been funneled into a lot of areas of the economy, and the art market is certainly one of them. A painting by the legendary artist Pablo Picasso is expected to smash auction records. The […]