WASHINGTON — A former U.S. senator is warning that America is headed toward a financial “crash” unless D.C. politicians begin making hard choices about its debt. Former U.S. Sen. Tom Coburn (R.-Okla.), who served two terms in the Senate and ...
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The Looming Pension Collapse: Chicago Collected $90 Million But Paid Retirees $999 Million
The city of Chicago’s pension funds only generated $90 million in investment income but paid retirees $999 million in 2015, according to Chicago City Wire. Chicago is just one of several cities or states facing a crisis in which pension ...
Read More »Former Reagan Official Warns: ‘Fiscal Bloodbath’ Imminent, Gov’t To Run ‘Out Of Cash’
WASHINGTON – The United States is on the brink of a “fiscal bloodbath” that will cause the government to run out of cash, according to former Reagan budget director David Stockman. Stockman served as the director of the Office of ...
Read More »9 Things About The U.S. Economy That Should Scare You To Death
Dec., 16, 2016 NEW YORK — Despite all the optimism generated by the election and recent stock market rally, there remain many signs the U.S. economy is in big trouble. In fact, there are several good reasons to believe that ...
Read More »The World’s 2nd Largest Country Just Banned Almost All Cash
As the world was distracted by the U.S. presidential election last week, India’s prime minister made 84 percent of the cash in circulation worthless. Narendra Modi on Nov. 8 declared that the two largest bills in circulation — the 500 ...
Read More »More Americans Seeing The Need To Prepare For The Worst
America seems to be crumbling, and more and more experts are comparing 2016 to 1968, which was defined by social unrest and violence. In fact, many Americans in 2016 believe that things will get much worse before they get better. ...
Read More »The Vegetables You Gotta Grow If Society Collapses
We live in troubled economic times. A raging debt, stagnant wages, severe unemployment and underemployment, and an unsteady housing market are all signs that the economy could collapse. Many off-gridders and homesteaders are preparing and stockpiling for an unknown future, ...
Read More »The Dow Is Plunging (And Here’s 5 Other Reasons We’re Teetering On Another 2008)
The economy could be on much shakier ground than you think, and the stock market may be only the latest indication. With the Dow Jones falling 392 points Thursday and 252 points Wednesday, there are a number of indications that ...
Read More »Walmart Is Plunging (And 5 Other New Reasons The Economy Should Frighten You)
Walmart’s management team dropped a financial bombshell this week that sent US stock prices tumbling, revealing that sales will remain flat at the world’s largest retailer and earnings could drop by 6 to 12 percent. That led to it having ...
Read More »How To Make A Mini Metal Foundry For $20
August 3rd, 2015 How to make a simple backyard foundry for less than $20, for melting pop cans, and casting aluminum. Video courtesy of King Of Random Discover the pleasures and challenges of a healthier, greener, and more self-sufficient lifestyle today! ...
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