The US economy is more than 70% dependent on consumer spending, and when the consumer can’t spend, the economy suffers.
The evidence that the US Dollar is continuing to weaken globally continues to grow by the day.
It’s important to remember that this credit tightening is occurring at the same time as the demand for loans is falling.
If you are not using the Revenue Sourcing planning process in your personal financial situation, it may be time to take a closer look.
A lot is going on around the world that has the potential to change investing markets and global financial dynamics quickly and substantially.
After the Federal Reserve was founded in 1913, it took the private bankers just one year to begin to issue Federal Reserve notes.
Webster defines illusion as something that deceives by producing a false or misleading impression of reality. That perfectly describes the current economic environment and investing climate.
The recent prosperity we’ve seen in the economy is the result of deficit spending which means it hasn’t been prosperity at all – it’s been a prosperity illusion.
In the not-too-distant future, the Fed will be the ultimate buyer of most US Government debt resulting in a severe stagflationary environment.
The deal to increase the debt ceiling will force the Federal Reserve to fund the majority of future deficit spending, culminating at some point with an ugly economic reset.