Category Archives: The Mine or the Shaft

The savings nest eggs that people built up during the COVID-19 pandemic are all but gone, according to new research from the JPMorgan Chase Institute. As savings dwindle, consumers are becoming more vulnerable to financial shocks, which could lead to … Continue reading →

Global money supply has soared by $20.6 trillion since 2019, according to Bloomberg. Additionally, global debt surged by over $15 trillion in 2023, reaching a new record high of $313 trillion. Around 55% of this rise came from developed economies, … Continue reading →

Debt.com’s 2024 budgeting survey of 1,000 Americans shows a mixed financial picture. While more people are budgeting and finding it beneficial to stay out of debt, the number of individuals living paycheck to paycheck has risen 10% over the past … Continue reading →

According to some “experts,” there is an urgent need to remove cash from the economy. It is held that cash provides support to the “shadow economy” and permits tax evasion. Another justification for its removal is that, in times of … Continue reading →

Follow each of these 3 links in order. Become knowledgeable, see what your options are – and TAKE ACTION! ~ Editor * Hackers May Have Stolen the Social Security Numbers of Every American: What You Need to Know! * The … Continue reading →

A new proposed class-action lawsuit accuses a Beverly Hills company of closing its doors and disappearing with millions of investors’ dollars. With a fickle stock market and broader economic uncertainty around the globe, Howard and Heather Short were looking for … Continue reading →

Economic discontent at election time almost always heralds doom for the political party that holds the White House. But the economic malaise that has bedeviled the country throughout the presidency of Joe Biden is likely to weigh even more heavily … Continue reading →

Over a century ago the United States Congress approved a deceitfully promoted Federal Reserve Central Bank, which then established a new debt-based monetary system. Its concept of creating and introducing ever more currency into a country which had little debt, … Continue reading →

Sometimes I have to ask myself if the people in charge actually know how to read. Honestly I’m not entirely sure. Perhaps they know how to read… but they choose not to do so. Because it’s pretty obvious no one … Continue reading →

If you are surprised by what is happening in the financial world right now, you probably haven’t been paying much attention. Stock prices were obscenely high and many investors were massively over-leveraged. The Dow Jones Industrial Average plummeted by more … Continue reading →