Strong Dollar, Weak Dollar, Strong Dollar, Weak… – Nathan McDonald

Strong Dollar, Weak Dollar, Strong Dollar, Weak… – Nathan McDonald Janet Yellen concluded another FED meeting on Tuesday, in which she testified in front of Congress. Members of the Democratic party attempted to get her to come out and denounce President Trump’s policies, but she instead kept to her expected “neutral” position and said nothing…

debt problem

The West Will Become The New ‘Third World’: PricewaterhouseCoopers – Jeff Nielson

The West Will Become The New ‘Third World’: PricewaterhouseCoopers – Jeff Nielson First World The term “First World” refers to so called developed, capitalist, industrial countries, roughly, a bloc of countries aligned with the United States after word war II, with more or less common political and economic interests: North America, Western Europe, Japan and…

debt problem

Fourteen Years AFTER Bernanke Defined the U.S. Dollar as Worthless – Jeff Nielson

Fourteen Years AFTER Bernanke Defined the U.S. Dollar as Worthless – Jeff Nielson History can be a cruel mistress – at least when one is able to find it via Google’s increasingly “forgetful” search engine. Who was it that made the following remark, on November 21, 2002 ? “Like gold, U.S. dollars have value only to the…

Dow Jones Breaks the 20,000 Mark As the National Debt Approaches $20 Trillion – Nathan McDonald

Dow Jones Breaks the 20,000 Mark As the National Debt Approaches $20 Trillion – Nathan McDonald Wednesday saw an historic event take place. The Dow Jones broke through the 20,000 mark for the first time ever. Broadcasters broke out into song and into praise, others hailed it as a great triumph and a sign of great things to come.…