The midterm elections have come and gone and the Democrats have taken the House. Now this isn’t all so bad. Divided power is good because this means “gridlock” and less destructive laws will be passed. Electric scooter companies like Bird are being … [Continue reading]
With Trillion Dollar deficits and soaring interest rate payments, more money printing is to come our way! Protect yourself from Government idiocy!
$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 … [Continue reading]
Fed chair Powell raises rates for 8th times says we’re in extraordinary times and sees no bubbles to speak of in the economy.
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 raises interest rates to 60% while attempting to fight off 30% inflation rates. Is this Venezuela in the making?
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]
IMF predicts Venezuela will experience 1 million percent inflation by the end of 2018!
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]
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