While most parts of Europe close to the Ukraine knows of the full blown war that is now going on in East Ukraine, people in the United States and Canada are none the wiser.
Most people also do not know that this is yet another war that the U.S government in funding, which will cost the U.S taxpayer billions.
Marc Faber covers a lot in this Bloomberg video from the fact that many momentum stocks have already corrected about 30% and if interest rate rises then he foresees a big stock market crash ahead.
He also thinks that the Chinese credit bubble is about to burst and that will cause economic shock as well. Then he talks about how the U.S government bullies countries around the world and cannot attack other countries around the world, like colonialism method back in the 1900’s.
Michael Lewis’s new book Flash Boys talks about how the High Frequency Trading technology employed by many Wall Street trading firms that co-locate their servers extremely close to the actual stock exchange are front running everyday human traders.
Canadians are at approximately 165% debt to income ratio. It is getting harder and harder to get by with so much debt.
Stop watching the Kardashian’s or Trump and wanting to live their lives with a middle-class income. People are stretching themselves things to live like celebrities on a pauper’s wage.
Central Banks are criminal, they create an environment where the wealth is transferred from the poor, middle class up to the government and elite’s pockets.
Increase money supply will eventually devalue currencies and cause inflation.
Remember, in this environment taxes, government services fees, real estate and cost of living goes up.
This video of a congressional hearing, shows that nearly 10 Trillion U.S dollars is missing. The Federal Reserve central bank of the United States printed this money, which American taxpayers will need to pay back and even the head overseer of the Federal Reserve does not know who or where the money went.