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5 U.S. Banks Each Have More Than 40 Trillion Dollars In Exposure To Derivatives

5 U.S. Banks Each Have More Than 40 Trillion Dollars In Exposure To Derivatives

When is the U.S. banking system going to crash? 

I can sum it up in three words.  Watch the derivatives. 

It used to be only four, but now there are five "too big to fail" banks in the United States that each have more than 40 trilliondollars in exposure to derivatives.  Today, ...

Read more: 5 U.S. Banks Each Have More Than 40 Trillion Dollars In Exposure To Derivatives

Reads: 267

The World’s Largest Subprime Debtor: The US Government

The World’s Largest Subprime Debtor: The US Government

Lehman Brothers filed for Chapter 11 bankruptcy protection six years ago this month. The event has become famous as the spark that ignited the global financial crisis. Since that date, millions have lost their jobs and livelihoods, and countless others have seen their futures evaporate before their ...

Read more: The World’s Largest Subprime Debtor: The US Government

Reads: 185

NASA Aims for Air Traffic Control System for Commercial Drones

NASA Aims for Air Traffic Control System for Commercial Drones

Agency seeks partners for a multi-year project to develop a protocol the FAA can implement for the safe commercial use of drones in the U.S.

NASA has launched an initiative aimed at developing a traffic management program for the commercial use of drones, much like standard air traffic control ...

Read more: NASA Aims for Air Traffic Control System for Commercial Drones

Reads: 253

The Dow And S&P 500 Soar To Irrational Heights – Meanwhile The Ultra-Wealthy Rush To Buy Gold Bars

The Dow And S&P 500 Soar To Irrational Heights – Meanwhile The Ultra-Wealthy Rush To Buy Gold Bars

Did you know that the number of gold bars being purchased by ultra-wealthy individuals has increased by 243 percent so far this year?  If stocks are just going to keep soaring, why are they doing this? 

On Thursday, the Dow Jones industrial average and the S&P 500 both closed at ...

Read more: The Dow And S&P 500 Soar To Irrational Heights – Meanwhile The Ultra-Wealthy Rush To Buy Gold Bars

Reads: 579

If The Economy Is Recovering, Why Is The Labor Force Participation Rate At A 36 Year Low?

If The Economy Is Recovering, Why Is The Labor Force Participation Rate At A 36 Year Low?

Should we be concerned that the percentage of Americans that are either working or looking for work is the lowest that it has been in 36 years?  In August, an all-time record high 92,269,000 Americans 16 years of age and older did not "participate in the labor force".  And when you ...

Read more: If The Economy Is Recovering, Why Is The Labor Force Participation Rate At A 36 Year Low?

Reads: 256

The Fed and Mr. Krugman: The Price of Nuts

The Fed and Mr. Krugman: The Price of Nuts

The pine nuts I like to sprinkle on my salads have become so precious the price jumped from an already outrageous $5.99 per 4 ounce container to $6.99 this past week. One person who is happy about this is the New York Times’ Paul Krugman, for instead of being like Europe, that is “clearly in the ...

Read more: The Fed and Mr. Krugman: The Price of Nuts

Reads: 242

Most People Don’t Believe It, But We Are Right On Schedule For The Next Financial Crash

Most People Don’t Believe It, But We Are Right On Schedule For The Next Financial Crash

People have such short memories.  Even though we are repeating so many of the same patterns that we witnessed in 2000-2001 and 2007-2008, most people do not think that another financial crash is coming.  In fact, with the stock market setting record high after record high lately, I have ...

Read more: Most People Don’t Believe It, But We Are Right On Schedule For The Next Financial Crash

Reads: 786

The Seven Year Cycle Of Economic Crashes That Everyone Is Talking About

The Seven Year Cycle Of Economic Crashes That Everyone Is Talking About

Large numbers of people believe that an economic crash is coming next year based on a seven year cycle of economic crashes that goes all the way back to the Great Depression.  What I am about to share with you is very controversial.  Some of you will love it, and some of you will think ...

Read more: The Seven Year Cycle Of Economic Crashes That Everyone Is Talking About


Reads: 386

Social Security Gone Broke and Understanding The Facts

Social Security Gone Broke and Understanding The Facts

Learn the facts—then you may breathe a sigh of relief.

This week I came off a string of appointments where I heard more than once the same concern people have expressed over the past years: “I am worried about Social Security.” Many made comments such as “I have Social Security if it is still going ...

Read more: Social Security Gone Broke and Understanding The Facts

Reads: 340

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