Some great information about how the economies of the world got here, and details on why another big crash is coming soon.
Archive for the ‘Debt Management’ Category
Chris Martenson-$40 Trillion Lost in Next Crash – Prepare Before September
Thursday, August 6th, 2015Jim Rogers: Only Real Solution Is For Greece To Go Bankrupt
Tuesday, July 21st, 2015Peak America: After 2016 Election, but Decline Already in Progress
Friday, June 12th, 2015
Here is an interesting article by Paul Farrell of Marketwatch.com.
America’s GDP has been falling and growth has stagnated. Since the crash of 2008, there was really no economic recovery, just a bunch of lies telling people things have gotten better.
The stock market took off, but the underlying economy has stagnated. By my estimation I think the stock markets will crumble this year and get progressively worse until 2017-2018.
Western Leaders Wants War to Cover Up The Economic Collapse – Provoking Russia, China
Wednesday, June 10th, 2015
The western nations are saddled with so much debt that the western countries (America, U.K, France, Germany, Japan) economy is going to collapse. There is no way that these nations can pay back the loans from the worthless bonds / treasuries that they sold to other countries.
How Consumerism Came About – Out of Control
Thursday, April 9th, 2015The Man Who Quit Money – He Has Lots of Valid Points
Tuesday, April 7th, 2015You can choose to live in the system, with the system or outside the system.
Living in the system and thriving offer creature comforts, lavishness and material excess (illusion) and experience.
Living with the system, but not thriving can mean not enough money and suffering and the feeling of inadequacy and shame.
Living outside the system offers a whole set of challenges, it’s definitely not glamorous, but offers less worry about money.
The System of Deepening Debt-Serfdom
Thursday, January 22nd, 2015
Very interesting article of how serfdom in the 1840-1850 have some similarities to today’s system of serfdom.
Debtors Prison – The Decline of America – Regression of Rights
Saturday, January 10th, 2015
America is now “Not For The People” any more, it has lost the idealism years ago. It is now “For the Government and Corporations” and screw the people. This is a result of course, due to mismanagement of American taxpayers money by corrupt government officials that have waste and stole all they can from the pot of cash. Who ends up paying for all the irresponsibility?? …you guess it the taxpayers / citizens.
50% of Canadians Expect to Be in Debt When They Retire
Tuesday, December 2nd, 2014
First of all 25% of Canadians think that their mortgage and car payment is not considered as DEBT. Let me just say that these people need some serious “personal finance” training from Rich Dad, Poor Dad. Anything that takes /subtracts from your monthly income and cause you to have less disposable income / spending money is considered a liability or debt. Also any loan/credit that keeps you from saving money in a TFSA or high interest account is detrimental to your financial health.
