$1.3 Trillion was added to the national debt in fiscal year 2018 alone! 2018 was Trump’s full fiscal year as president and with a deficit that large I wouldn’t call that draining the swamp! How are we ever to get our economy on a sustainable path when we spend like drunken Democrats and Republicans!? We’re also set to spend $7 Trillion on interest payments alone in the next decade. How’s that for sustainable?
The Fed has raised rates to the 2-2.25% range and this is the 8th rate hike since the fed began raising them in 2015. Fed Chairman, Jerome Powell, has given several speeches in the last week and there’s several insights we can gain from Mr. Powell … [Continue reading]
Argentina is facing some huge hurdles economically while the average citizen is getting poorer due to 30% inflation rates! They have 60% interest rates and just a few weeks ago when I was in Argentina interest rates were 45%. Things are spiraling out … [Continue reading]
The crisis in Venezuela has only gotten worse and the IMF sees 1 million percent inflation by the end of the year. The inflation rate currently, is around 40,000%. The only good news we have heard is the President of Venezuela, Maduro, admitting that … [Continue reading]
Venezuela is experiencing 25,000% inflation this year and people have now turned to barter. This only makes sense. Why use a medium of exchange that can’t serve as well… a medium of exchange! This is why it is crucial for you to own physical precious … [Continue reading]