According to shocking new numbers that were just released by the Bureau of Labor Statistics, 20 percent of American families do not have a single person that is working. So when someone tries to tell you that the unemployment rate in the United States is about 7 percent, you...
Is the financial collapse that so many are expecting in the second half of 2015 already starting? Many have believed that we would see bonds crash before the stock market crashes, and that is precisely what is happening right now. Since mid-April, the yield on 10 year German bonds...
"ONLY PHYSICAL gold and silver meet the criterion of "money," as PROVEN by the fact that EVERY fiat currency in history has collapsed...." Andy Hoffman The Daily Bell is pleased to present this exclusive interview with Andy Hoffman. Introduction: Andrew ("Andy") Hoffman, CFA joined Miles Franklin as marketing director in...
Inflation is always somebody else’s fault. Ludwig von Mises called out finger pointing central bankers and politicians decades ago in his book, Economic Policy. “The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or...
Obama's campaign manager calls the Tea Party a group of "extremists", and it's that same Tea Party that is demanding a balanced budget and bringing the size of government into one of sustainability. One may draw the conclusion from Obama's 2012 campaign that Senator Marco Rubio is an "extremist"...
Michael Snyder | Economics Collapse Blog
Just like during the last economic crisis, homeless encampments are popping up all over the nation as poverty grows at a very alarming rate. According to the Department of Housing and Urban Development, more than half a million people are homeless in America right...
People have such short memories. Even though we are repeating so many of the same patterns that we witnessed in 2000-2001 and 2007-2008, most people do not think that another financial crash is coming. In fact, with the stock market setting record high after record high lately, I have...