Today Marc Faber, publisher of the “The Gloom, Boom & Doom Report,” gave an interview with CNBC in which he indicated that if the stock market continues to rally it is more likely for there to be an upcoming crash. According to Faber a bull market in stocks started four years ago and is rapidly approaching […]
Should student loans be forgiven and bailed out by the government?
I’m sure most people with large student loans love the idea of having them forgiven. And the federal government may actually do this someday. But there is a better way of dealing with the student debt crisis. One alternative offered in the below video put out by LearnLiberty.org is changing the law so that student […]
Dollar could start collapsing in May because of US government insolvency
Economist John Williams of ShadowStats.com stated in an interview that the budget crisis of the US government could lead to a sell-off of the dollar in May. The federal government is simply insolvent with no hope of resolving the budgetary problems due to gridlock, according to Williams. He also suggests that a dollar sell-off could […]
Investor says all the banks around the world are bankrupt
In an interview with The International Speculator, Doug Casey, a renowned economist and international investor, stated that all of the banks in the world are bankrupt because they are all based on a fractional reserve system. Fractional reserve banking can be considered institutionalized fraud as this means that the banks can essentially lend out money […]
Gerald Celente: US government is provoking North Korea with economic sanctions
In an interview with USAWatchdog.com, Gerald Celente of TrendsJournal.com stated that the economic sanctions against North Korea by the United States constitute economic warfare. He pointed out how these policies go against what the founders said about foreign policy: that we should trade and talk to everyone but not get involved with entangling alliances and quarrels […]