Wealth Abuse

A “Financial H-Bomb” Has Exploded

September 19, 2017 0

BY JAMES RICKARDS Somebody exploded an H-bomb last week, and it wasn’t North Korea. It was the U.S. This was not a kinetic H-bomb, the kind that leaves a mushroom cloud. It was a financial H-bomb. […]

Wealth Abuse

Are American Debt Slaves Getting in Trouble Again?

May 1, 2017 0

by Wolf Richter The economy depends on them, but they’re cracking. American consumers are holding $1 trillion in revolving credit, mostly in credit card debt. So how well is this segment of consumer debt holding […]

No Picture
World Affairs

End of Empire

April 28, 2017 0

ALASDAIR MACLEOD In last week’s Insight article, America’s Financial War Strategy, I described how the Chinese government viewed the geopolitical scene. It is clear from earlier remarks by the Peoples Liberation Army’s senior strategist, Major-General […]

Wealth Abuse

Get Ready for a “Credit Implosion”

March 17, 2017 0

By Justin Spittler The world’s biggest financial bubble just popped. Regular readers know we’re talking about the bond market. This is where companies and the government borrow money. It’s about twice as big as the […]