Currently, everyone’s income can service their debts. But what makes recessions and depressions so depressing, is how streams of income can be curtailed, or completely eliminated.
Let me begin by showing you this aerial demonstration of the Federal Reserve’s carefully orchestrated plan for bringing the US economy down for a soft landing...
Direct stimulus payments and other generous social programs lifted checkable deposits for households from $1.16 trillion at the end of 2019 to $4.06T in December 2021. That is a massive cash cushion consumers are sitting on...
Fed officials are vowing to get their benchmark rate up to a “neutral” level by the end of the year. Futures traders are currently anticipating a 2.75% Fed funds rate.
As bad as conditions are, they have the real potential to get even worse. Today we will explore how China’s latest COVID lockdowns will affect the global economy. Hint: It won’t be good.
With gold being used as money to purchase energy and commodities, the lifelong wholesaler explains Russia’s and China’s strategy to control the global price for physical gold.
