Financial

The Gap Between The Rich And The Poor In The United States Hasn’t Been This Large Since The 1920s

The rich have been getting richer and the poor have been getting poorer for so long in America that it seems like it has always been this way. But it hasn’t. In fact, between the late 1920s and the early 1970s the gap between the wealthy and the poor actually steadily got smaller. And when I was growing up in the 1980s, it seemed like everyone was middle class, but now those days are long gone. A very small sliver of society at the very top of the food chain truly is “living the high life”, while most of the rest of us are deeply struggling. According to a brand new study just released by the Economic Policy Institute, the average American family in the top 1 percent brought home 26.3 times as much income in 2015 as an average family in the bottom 99 percent. The following comes from CNBC… (Read More...)

15 Flashpoints Which Could Produce A “Perfect Storm” During The 2nd Half Of 2018

Events are beginning to greatly accelerate, and many believe that the ingredients for a “perfect storm” are starting to come together as we enter the second half of 2018. Other than the continual drama surrounding the Trump presidency, things have been quite calm for the past couple of years. We have been enjoying a time of peace, safety and relative economic prosperity that a lot of Americans have begun to take for granted. But great trouble has been brewing under the surface, and many are wondering if we are about to reach a major turning point. Our planet is being shaken physically, emotionally and financially, and it isn’t going to take much to push us over the edge. The following are 15 flashpoints which could create world changing events during the 2nd half of 2018… (Read More...)

Debt Insanity: Does Anyone In Washington Even Care That We Are 20 Trillion Dollars In Debt?

There has been a tremendous amount of talk about the spending deal that was just reached in Congress. Most of the focus has been on who “won” and who “lost” politically, and if you have been keeping up with my articles you definitely know my opinion on the matter. But what nobody is really talking about is that this deal actually increases spending at a time when our debt has been absolutely exploding. We added more than a trillion dollars a year to the U.S. national debt during Obama’s eight years in the White House, and our debt binge actually accelerated toward the end of his second term. In fact, the national debt increased by more than 1.4 trillion dollars during fiscal 2016… (Read More...)

The Real Reason For America’s Looming Retirement Crisis

Did you know that approximately 40 percent of all American workers have absolutely nothing saved for retirement? And did you know that pension funds in the United States are currently underfunded by about six trillion dollars? Social Security is supposed to be the underlying safety net for our entire retirement system, but it is essentially just a massive Ponzi scheme that everyone agrees is heading for a major disaster. Now that the Baby Boomers have started to retire, it is becoming clear that our society simply does not have the resources necessary to keep all of the promises that we have made to them. We are facing a retirement crisis of epic proportions, and by the end of this article you will understand the real reason why we have gotten into this mess. (Read More...)

Now It Is The Elite That Are Feverishly ‘Prepping’ For The Collapse Of Society

Prepper - Photo by Nomadic Lass on FlickrOnce upon a time, “prepping” was something that was considered to be on “the lunatic fringe” of society. But in 2017, wealthy elitists are actually the most hardcore preppers of all. This is particularly true in places such as Silicon Valley, where a whole host of young tech moguls are putting a tremendous amount of time, effort and money into preparing for apocalyptic scenarios. So while interest in prepping among the general population has fallen extremely low right now, the election of Donald Trump has given liberal wealthy elitists even more urgency to prepare for what they believe is a very uncertain future. (Read More...)

12 Signs Of Extreme Optimism In America Now That Donald Trump Has Been Elected

hope-despair-public-domainThe election of Donald Trump has brought a giant wave of optimism to conservative America unlike anything that we have seen since probably the days of Ronald Reagan. Millions of Americans that were once deeply pessimistic about the future of this country now have hope again thanks to what many consider to be the greatest miracle in the history of U.S. politics. And just like so many of the pre-election polls, the predictions about how the nation would immediately respond to a Trump victory have turned out to be completely wrong as well. (Read More...)

At This Current Pace, A Record-Shattering 2.4 Trillion Dollars Will Be Added To The National Debt This Year

america-is-brokeBarack Obama is about to become the 20 trillion dollar man. With less than two months to go in his second term, the U.S. national debt stands less than 150 billion dollars away from the 20 trillion dollar mark. And at the pace that the debt is increasing, it seems almost certain that we will cross 20 trillion dollars before Inauguration Day. After promising us that “deficits are under control”, the federal debt jumped by more than 1.3 trillion dollars last fiscal year, and so far this year it is on pace to rise by a record-shattering 2.4 trillion dollars. This is a recipe for national suicide, and yet it wasn’t even a major issue during the recently concluded presidential campaign. (Read More...)

The Stock Market Has Predicted The Outcome Of Presidential Elections With 86 Percent Accuracy

Presidential Election 2016 - Public DomainIf you want Donald Trump to win the election, then you should be rooting for a stock market crash between now and November.  As you will see below, if stocks go up during the last three months before an election, the incumbent party almost always keeps the White House.  But if stocks go down during the last three months before an election, the incumbent party almost always loses.  Earlier today, Trump warned Americans to get out of the stock market, and if his warning turns out to be correct it will likely benefit him politically as well.  When the general population believes that things are going well, Americans tend to stick with current leadership, but when the general population believes that we have hit rocky times they are usually ready for a change. (Read More...)