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Category Archives: The Mine or the Shaft
Debt Slavery: Why It Destroyed Rome, Why It Will Destroy Us Unless It is Stopped
Hammurabi Knew Better December 6, 2011 ~ Book V of Aristotle’s Politics describes the eternal transition of oligarchies making themselves into hereditary aristocracies – which end up being overthrown by tyrants or develop internal rivalries as some families decide to … Continue reading
What’s the Yield Curve?
‘A Powerful Signal of Recessions’ Has Wall Street’s Attention You can try to play down a trade war with China. You can brush off the impact of rising oil prices on corporate earnings. But if you’re in the business of … Continue reading
The Slow-Motion Financial Suicide of the Roman Empire
Are we the Reincarnation of Rome? “If you wanted to understand a politician you mustn’t pay too much attention to his speeches, but find out who were his paymasters. A politician couldn’t rise in public life, in France Rome any … Continue reading
The Way Things Are…
No matter the political direction the wind may blow, and no matter what we are told on the news – the job market in America is not all that we are led to believe and although this video is a … Continue reading
Why Gold Is The King Monetary Asset, Not Bitcoin
There seems to be a lot of misinformation being peddled on the internet about gold and bitcoin. One major misconception is the notion that bitcoin will replace gold as a monetary instrument. Some analysts, once stanch precious metals advocates now … Continue reading
Rickards: Blundering Into Recession
June 12 is just three weeks away… That’s when the Federal Open Market Committee, FOMC, the Fed’s interest rate policy arm, will in all likelihood raise interest rates another 0.25%, the seventh such rate increase since the “liftoff” in interest … Continue reading
Nearly 51 Million Households In The United States ‘Can’t Afford Basics Like Rent And Food’
If the U.S. economy is performing well, then why can’t 51 million households in the United States “afford basics like rent and food”. A stunning new report that was just put out by the United Way ALICE Project shows that … Continue reading
“Backing Up” Your Off-The-Grid Finances
History shows financial meltdowns surprise most people. Do you have an off-the-grid backup plan in place, just in case? Our Financial System is Wobbling One of the most critical systems that almost all of us rely upon is among the … Continue reading
Bitcoins, Beer and the Student Loan Disaster
A large percentage of the $1.48 trillion student loan debt accumulated by Americans was never spent on tuition at all. Instead, much of that money went towards everything from beer, Bitcoin, spring break shenanigans and exotic reptiles. More than one … Continue reading
401(k) lawsuits are surging. Here’s what it means for you
Lawsuits may lead to lower fees, but may also stifle innovation. Litigation related to 401(k) plans — which had declined after the Great Recession — has surged again recently. Over 100 new 401(k) complaints were filed in 2016-17, the highest … Continue reading
