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Financial

Will The Debt Time Bomb Blow Corporate America Apart?

Will The Debt Time Bomb Blow Corporate America Apart?

A $6.3 trillion debt time bomb can blow America’s economy to pieces. Corporate America has accumulated more debt than it can pay. Corporate debt equals 45% of America’s gross domestic product (GDP), The Week’s Jeff Spross noted. Moreover, the GDP ...

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Debt Leads To War? Can The World Pay $247 Trillion To Avoid It?

Debt Leads To War? Can The World Pay $247 Trillion To Avoid It?

The global debt is reportedly 318% larger than the value of all the world’s economies. The Institute of International Finance (IIF) estimates that the human race owes $247 trillion. One major issue concerning this fact is that very often debt ...

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Will China’s “Master Plan” Lead To World War Three?

Will China’s “Master Plan” Lead To World War Three?

The leaders of the People’s Republic of China have a master plan for global domination that might lead to World War III. China’s master plan consists of two parts. First of all, a “web of international institutions” designed to make ...

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Visa Crash Forces Customers To Go Off-The-Grid For Purchases

Visa Crash Forces Customers To Go Off-The-Grid For Purchases

A recent Visa crash forces millions of customers to pay for essentials like food and fuel off the financial grid. The Visa payment system in Europe and the United Kingdom crashed without explanation on Friday, June 1, 2018. Customers were ...

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“Backing Up” Your Off-The-Grid Finances

“Backing Up” Your Off-The-Grid Finances

Our Financial System is Wobbling  One of the most critical systems that almost all of us rely upon is among the most complex and unreliable – the financial system. News reports indicate that the financial networks are far more prone to ...

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Will Volkswagen’s 82 Billion Dollar Bet On Electric Cars Crush Tesla?

Will Volkswagen’s 82 Billion Dollar Bet On Electric Cars Crush Tesla?

It is Volkswagen (OTC: VLKAY) and not Tesla Motors (NASDAQ: TSLA) that holds the electric-vehicle future. If just one-third of VW’s electric ambitions bear fruit, Tesla is doomed. The German-auto giant plans to spend $82.5 billion on electrification; an unidentified ...

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Ongoing Drought Affecting World Food Prices

Ongoing Drought Affecting World Food Prices

The prices for cereals, which contain the world’s most important food crops, rose by 12.1% over the past year. The cost of cereals, which include grains, corn, rice, and soybeans, has been increasing because of dryness in the United States, ...

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Bitcoins, Beer and the Student Loan Disaster

Bitcoins, Beer and the Student Loan Disaster

A large percentage of the $1.48 trillion student loan debt accumulated by Americans was never spent on tuition at all. Instead, much of that money went towards everything from beer, Bitcoin, spring break shenanigans and exotic reptiles. More than one ...

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Enormous National Debt Will Double Again In 10 Years Or Less

Enormous National Debt Will Double Again In 10 Years Or Less

America’s national debt will increase to almost twice its current sizethanks to legislation Congress passed over the last year. Also,the federal deficitwill expand to over $1 trillion for the first time in 2022 because of the same laws. The national ...

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