What Will the Devastation of Our Current System Look Like?
I have no idea what the world will look like as the coming storm hits. Or what it will look like afterward. I can make some guesses, but it is something new that is happening. That being said, we can guess at things. If it is only some stiff inflation that destroys many Americans’ financial […]
Will The US See Inflation or Hyperinflation?
We’ve laid out several bombs that could go off in the US economy in the coming years. If one, some, or all of these things happen, what effect would that have on our economy, our wealth, and our lives? These factors could further influence the rest of the world to decide they no longer want […]
More That Could Trigger the Storm
The past two days, we looked at a variety of factors which could derail our economy and destroy the value of the dollar, along with all of your wealth. Today we’ll look at a few more bombs set to go off in the near future. 1) Tax Increases. President Bush and the Congress of that […]
What Would it Take to Push the US Economy Over the Edge?
We’ve established that the US has an untenable amount of debt which is growing at incredible rates, and that foreigners are becoming more and more uncomfortable holding this debt and dollars in general. The US is in a precarious position, and those of us who live here are the ones who will most feel whatever […]
The US Deficit & Debt
This year, the US government will spend more than twice what it earns. It’s taking in $1.6 Trillion in tax revenue and spending $4 Trillion. Again, how long could you spend more than twice what you make before your creditors stopped lending to you? Our government admits to owing close to $12 Trillion, but there […]
What is the US Dollar Worth? – Fiat Currency & a History of The Gold Standard
The US Constitution established the right of the Federal Government “to coin Money, regulate the value thereof,” and so in 1792, they did so by establishing the value of a dollar at roughly 1/20th of an ounce of Gold. So $20.67 bought one ounce of gold. Today it takes over $1000 to buy an ounce […]
Can Our Economy Improve?
Yesterday, we spoke about both of the dire realities of our economy and the glimmers of hope. The question is: Can things improve? The US has a lot going for it. We have a country with a history of freedom and opportunity where anyone is free to accomplish anything they put their mind to. So […]
The Coming Storm
In previous posts, we’ve touched on some of the economic issues facing this country, but it’s time to be more pointed. Today we’re going to share a serious message, and give you the details of an upcoming seminar where you can find out more. I believe that a massive economic storm is coming and that […]
The US Dollar and Gold
“He brought out Israel, laden with silver and gold, and from among their tribes no one faltered.” (Psalm 105:37) Yesterday, we discussed the possibility that in the not too distant future, your dollars could be worth far less than they are today. The US dollar is a fiat currency. This means that it has value […]
So Why do You Need Savings?
“In the house of the wise are stores of choice food and oil, but the foolish man devours all he has.” (Prov. 21:20) What will you do if your car breaks down? What if you lose your job? Or are disabled and must wait a while before your insurance kicks in? We could list any […]
