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~ Quotables ~ "The suspicions that the system is rigged in favor of the largest banks and their elites, so they play by their own set of rules to the disfavor of the taxpayers who funded their bailout, are true. It really happened. These suspicions are valid."~ Neil Barofsky
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Category Archives: The Mine or the Shaft
No matter the political direction the wind may blow, and no matter what we are told on the news – the job market in America is not all that we are led to believe and although this video is a … Continue reading
There seems to be a lot of misinformation being peddled on the internet about gold and bitcoin. One major misconception is the notion that bitcoin will replace gold as a monetary instrument. Some analysts, once stanch precious metals advocates now … Continue reading
June 12 is just three weeks away… That’s when the Federal Open Market Committee, FOMC, the Fed’s interest rate policy arm, will in all likelihood raise interest rates another 0.25%, the seventh such rate increase since the “liftoff” in interest … Continue reading
If the U.S. economy is performing well, then why can’t 51 million households in the United States “afford basics like rent and food”. A stunning new report that was just put out by the United Way ALICE Project shows that … Continue reading
History shows financial meltdowns surprise most people. Do you have an off-the-grid backup plan in place, just in case? Our Financial System is Wobbling One of the most critical systems that almost all of us rely upon is among the … Continue reading
A large percentage of the $1.48 trillion student loan debt accumulated by Americans was never spent on tuition at all. Instead, much of that money went towards everything from beer, Bitcoin, spring break shenanigans and exotic reptiles. More than one … Continue reading
Lawsuits may lead to lower fees, but may also stifle innovation. Litigation related to 401(k) plans — which had declined after the Great Recession — has surged again recently. Over 100 new 401(k) complaints were filed in 2016-17, the highest … Continue reading
Most Americans don’t know, but the housing market is heading toward another epic bubble. However, the bubble forming today is much different than the subprime housing meltdown in 2007. Back in 2007, there was an oversupply of homes, whereas today … Continue reading
You love your credit cards, right? Handy and easy, you just whip it out and purchase whatever you want. No cash; no hassle. And everyone makes it so easy for you Before you bask in all this convenience, consider just … Continue reading
Like most other American high school students, Garret Morgan had it drummed into him constantly: Go to college. Get a bachelor’s degree. “All through my life it was, ‘if you don’t go to college you’re going to end up on … Continue reading