Here’s a dirty secret that many preppers don’t want to admit: They are better equipped to survive physically than financially. By survive financially I mean being able to pay bills, buy food, and put a roof over your family’s head ...
Read More »Trending Topics: economic crisis
Federal Report Shows that Middle-class Households Have Lost 40% of their Worth in Last Three Years
According to government data released yesterday, the last three years of a stagnant economy have wiped out almost two decades of American wealth. The Federal Reserve reports that the median net worth of families fell from $126,400 in 2007 to ...
Read More »Using “Junk” Silver In Your Survival Strategy
Silver and gold are well-known choices for building up a safety net in times of economic crisis. However, one concern that many people have is the usefulness of gold coins or silver bars with high values. After all, you’re not ...
Read More »Why NY’s Budget Problems are Relevant
New York likes to consider itself a capital of culture and one of the nation’s shining lights. Unfortunately, now it’s becoming the capital of a new kind of culture – the deadbeat culture. New York can’t pay its bills. The ...
Read More »Fed Chairman declares recession over, but is the Greatest Depression just beginning?
We all know that we’re in the midst of the worst economic crisis since the 1930s. However, just recently the Chairman of the Federal Reserve declared the recession to be ‘very likely over.’ I don’t have a crystal ball (and ...
Read More »