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The American National Debt : Who Do Americans Owe?
The American National Debt is growing faster than the debt of any other world nation, it currently owes in excess of $2.7 trillion to foreign governments and other private investors. The debt equates to...
18 commentsAmerica Has More Oil Than Saudi Arabia
The United States has plenty of oil within US borders. We don't have to rely on foreign oil anymore! It is just a matter of drilling and getting the oil out. The oil is there! Remember the song...."America,...
2 commentsImploding US Economy
The Coming Worldwide Depression Up Close and Personal, US Store Closings If the current state of financial affairs has not impacted your life yet, it certainly will in the near future. Even if you are...
4 commentsUS economic decline is looking terminal
A past, present and future guide to the decline of the US economy. Government policies have stopped delivering real growth for a decade and are now actively preventing a genuine recovery in growth prospects. The article predicts how the economy will move from "phoney recovery" in 2009 to a final "flight to safety" in 2010 and to dollar collapse in 2011. It discusses how America might react to a collapse and highlights two gargantuan obstacles to growth that lie ahead in the coming decades.
42 commentsHow To Survive The Coming US Financial Collapse
Lots of people do not really understand how these massive financial problems of today are going to impact them. We think that government will take care of the problem and life will go on as usual. Pray...
15 commentsThe Future of America
Is America's future bright? Is it destined for failure? With the world's economy changing almost daily these questions seem to be on everyone's mind. Can the U.S. pick itself up out of the muddy hole of...
2 commentsW-Shaped Recovery
Recently on one of the business channels, some analysts were discussing what kind of recovery will happen in the coming months. Some said U type recovery, some said L, some said J and some said W-shaped...
12 commentsGood News from the Federal Reserve
The Fed's decision not to raise the Fed funds target rate from its current record low between zero and 0.25 percent may be good news for the stock market if the old maxim "Don't fight the Fed!" holds true....
2 commentsprime mover of the US economy
At this point in time that person is the Chairman of the Federal Reserve System and his name is Ben Bernanke. He is the prime gatekeeper, or the number one guardian of the state of the health of the American...
0 commentsMore Bad News on the U.S. Economy - Don't Get Complacent
The Global and U.S. Economies Will Continue to Get Worse I have written several articles over the last few weeks regarding the U.S. economy where I stated that our economy would fall to depths far worse than...
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