Flashback: On January 15, 2009, the head of the Federal Deposit Insurance Corporation, Sheila Bair, insisted that deposits in American banks were secure: “The FDIC will never go broke. We are still running at a surplus, our reserves seem to be quite fit for the...
The Black Swan Theory is used by Nassim Nicholas Taleb to explain the existence and occurrence of high-impact, hard-to-predict, and rare events that are beyond the realm of normal expectations. One example often put forth by Taleb is the life and times of the...
The National Inflation Association has released their new documentary titled The Dollar Bubble. The Dollar Bubble features Peter Schiff, Ron Paul, Marc Faber, Gerald Celente, Jim Rogers, and others. It covers countless topics including the U.S. national debt, deficit...
Publisher of the Gloom Boom & Doom Report, Marc Faber, speaking at a conference in Singapore November 18, 2009, suggested that once the serious financial bust occurs, governments will take their nations to war to distract the people. In his gloomiest prediction...
Jeff Clark of The Growth Stock Wire discusses what the future may hold and says “I Single-Handedly Crushed the Dreams of the Next Generation.” Last Wednesday was “Career Day” at the local high school. I was invited to speak, just as I have for...