In the entire history of the United States, consumers have never been in so much debt. And that would not be a crisis as long as the vast majority of us were regularly making our debt payments, but as you will see below delinquency levels are starting to rise to extremely alarming levels. In fact, some of the numbers that are coming in are even worse than we witnessed at any point during the last recession. If things are this bad already, what are they going to look like once the economy really gets bad? Because even though it appears that we are heading into a new recession, according to the Federal Reserve it has not officially begun yet. That means that much worse is yet to come. Just like last time, millions of Americans will likely lose their jobs, and without an income most of those that suddenly find themselves unemployed will not be able to pay their bills. The stage is set for the largest tsunami of consumer debt defaults that this country has ever seen, and that will absolutely devastate major financial institutions all across America. (Read More...)
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50 Actual College Course Titles That Prove That America’s Universities Are Training Our College Students To Be Socialists
What in the world are they teaching to our young people? As you go through the list of college course titles below, I am sure that many of you will be completely shocked. Most parents assume that they are sending their children to college to get prepared for their future careers, but the truth is that a lot of our major colleges and universities have become little more than indoctrination centers for progressive thought. Our college students are literally being systematically trained to be socialists, and it is working. According to a brand new Harris Poll that was just released, 37.2 percent of all Americans “prefer living in a socialist country”. But for Millennials and Generation Z combined, that figure is 49.6 percent. That means that essentially half of our young adults want to be socialists, and that has enormous implications for the future of our society. (Read More...)
Vampires, Zombies And ‘Hooking Up’: 37 Examples Of Real College Courses That Are Almost Too Crazy To Believe
You just can’t make this stuff up. All over America we push our young people to get good grades so that they can get “a college education”, but then once they get through college many of our young people are completely unequipped to deal with the real world. Personally, I spent eight years at public universities, and I can tell you that the quality of education that our college students are receiving is a complete joke. Especially on the undergraduate level, almost all testing consists of either true/false, multiple choice or fill in the blank questions. Students learn very few useful skills at our “institutions of higher learning”, and many of them leave school barely even able to function in society. (Read More...)
The Elite Have A Great Fear Of Death
If there is one thing that the elite of the world fear more than anything else, it is death. They spend an extraordinary amount of time and energy attempting to shield themselves from potential threats, to separate themselves from the general population and to do whatever they can to extend their lifespans. They travel with multiple bodyguards, they install “safe rooms” in their homes, they buy private islands on the other side of the world and they invest huge amounts of money into life extension technologies and research. They do all of these things in a desperate attempt to battle an enemy that they have never been able to defeat – death. And in this day and age, the elite are becoming more paranoid than ever. They know that as the gap between the wealthy and the poor has exploded that they have become bigger targets than ever. So firms that provide private security, “safe rooms” and high tech “security bunkers” for the elite are doing a booming business these days. Many of the elite live in constant fear and absolutely crave security, and they are willing to pay big bucks to get it. (Read More...)
29 Shocking Facts That Prove That College Education In America Is A Giant Money Making Scam
College education in the United States has become a cruel joke. We endlessly push our high school kids to invest tens of thousands of dollars and at least four years of their lives to get a college education because they won’t have any sort of a “future” without it. So they sign up for decades of debt slavery and spend years listening to pompous windbags fill their heads with utter nonsense. The sad truth is that most college courses are a total joke and they do very little to actually prepare those students for the real world. I know – I attended public universities in the United States for eight years. Most college courses are so easy that the family dog could pass them. When they finally graduate, our young people discover that they were lied to all along. The promised “good jobs” are not there for most of them, but the huge debts that they committed themselves to will follow them around permanently. When you are just starting out and you are not making a lot of money, having to make payments on tens of thousands of dollars of student loan debt can be absolutely crippling. This is why I say that college education in America is a giant money making scam. Our young people are seduced by the idea of college being a five year party that will provide an automatic ticket into the middle class, but the reality is that the only guarantee is that it is a ticket to serfdom unless you have wealthy parents that are willing to foot the bill for you. And bankruptcy laws have been changed to make it incredibly difficult to get rid of student loan debt, so once you have signed up for student loan debt slavery you are basically faced with two choices: either you are going to pay it or you are going to die with it. (Read More...)
10 Quotes From Financial Experts About The Effect That QE3 Will Have On Gold And Silver
Do you want to know what QE3 is going to do to the price of gold and the price of silver? Well, you can read what the financial experts are saying below, but it doesn’t take a genius to figure out what is likely to happen. During QE3, the Federal Reserve will be introducing 40 billion new dollars that have been created out of nothing into the financial system each month. So there will be more dollars chasing roughly the same number of goods and services, and that means that more inflation is on the way. In an inflationary environment, investors tend to flock to hard assets such as gold and silver. And it is important to remember that a lot of the money from QE1 and QE2 ended up pumping up the prices of various financial assets. This included commodities such as gold and silver. The same thing is likely to happen again with QE3. In addition, investors now have an expectation that the Fed will continue printing money for the foreseeable future and that the U.S. dollar is going to steadily decline, and that expectation will also likely give further momentum to the upward movement of gold and silver. Of course when it comes to investing, there is never a “sure thing” and as the global financial system falls apart in the coming years we are likely to see wild swings in the financial markets. So there is definitely an opportunity when it comes to gold and silver, but anyone that wants to invest in gold and silver needs to be ready for a wild ride. (Read More...)