Posted on 28 January 2013. Tags: Herd Mentality, Irrational Exuberance, Ponzi Scheme, Real Estate Bubble
While the mainstream media is only now beginning to acknowledge a dip in real-estate price evaluations in Canada. We have been raising the flag about this for over a year. According to The Economist, Canada’s housing market is the most over-valued in the world when analyzing its rents and income to price. “Overvaluation is especially marked […]
Read the full story
Posted in Featured, Housing Bubble
Posted on 26 January 2013. Tags: Federal Reserve
Title: The American Dream Director: Tad Lumpkin & Harold Uhl Year: 2010 [rate] The AMERICAN DREAM is a 30 minute animated film that shows you how you’ve been scammed by the most basic elements of our government system. All of us Americans strive for the American Dream, and this film shows you why your dream […]
Read the full story
Posted in Videos
Posted on 22 January 2013. Tags: Income Tax, Peter Schiff, Warren Buffet
Notorious libertarian Peter Schiff rants about the hypocrisy of Warren Buffet’s comments about the reasoning for raising the tax on the rich. Warren Buffet continuously misleads people into believing that he is paying a lower tax rate than his secretary. However, this is true only in terms of his personal income tax, as Warren Buffet […]
Read the full story
Posted in Economic Crisis, Featured
Posted on 19 January 2013. Tags: Peak Oil
Title: Crude Impact Director: James Wood Year: 2006 [rate] The past, present, and future all factor into James Jandek Wood’s informative look at the way oil has allowed mankind to achieve total domination over every species on the planet. An alarming wake-up call and an uplifting message of hope, Crude Impact explores such hotly debated […]
Read the full story
Posted in Videos
Posted on 17 January 2013. Tags: Chinese Yuan, IMF, Reserve Currency, SDR, Trade Deficit
A reserve currency has never lasted forever and the US Dollar is no exception, especially considering its seriously grave trade and debt imbalances. A country can only go so far with its imbalances, and today the US is the largest debtor nation in the history of the world. The fate of the US surely lies […]
Read the full story
Posted in Featured, US Dollar Collapse
Posted on 16 January 2013. Tags: Housing Price Statistics
Here are the latest price statistics for Canada’s housing market. Price statistics refer to the updated numbers for the month of December 2012. Declines were again seen in all sectors and regions except for (Montreal townhouses and Regina Condos) The aggregate price for all sectors and major regions in Canada declined again in December 2012, […]
Read the full story
Posted in Housing Bubble
Posted on 12 January 2013. Tags: Fiat Currency, Gold, Peter Schiff, Silver
Title: End of the Road: How Money Became Worthless Director: Tim Delmastro Year: 2012 [rate] Wall Street is being occupied. Europe is collapsing in on itself. Around the world, people are consumed by fear and anger, and one question is on everyone’s lips: Is the financial crisis over, or are we headed towards economic disaster? […]
Read the full story
Posted in Gold and Silver, Videos
Posted on 11 January 2013. Tags: Inflation Hedges, Precious Metals, Warren Buffet
In a 2011 interview, esteemed investor Warren Buffett criticized gold for being a useless metal: “all the above ground gold would make a cube that is 67 ft tall and worth $7 trillion dollars. For $7 trillion dollars…you could have all the farmland in the United States, you could have about seven Exxon-Mobil, and you […]
Read the full story
Posted in Gold and Silver
Posted on 10 January 2013. Tags: Coin Money, Debt Ceiling, Debt Crisis, Hyper-Inflation
Authored by Michael, originally posted at Economic Collapse blog, If Barack Obama can “solve” the debt ceiling crisis by printing up some trillion dollar coins, then why does the federal government need our money? As another debt ceiling showdown approaches, many in the liberal media are suggesting that if Congress does not raise the debt […]
Read the full story
Posted in Community Submitted News, US Dollar Collapse
Posted on 08 January 2013. Tags: Federal Reserve, Low Interest Rates, QE, US Debt Crisis
The minutes of the latest Fed meeting show that their quantitative easing programs may terminate sometime in 2013. Yeah right! There are two ways to interpret this lofty and fanciful goal: either the Fed has no idea about how an economy works, or that the Fed understands very well the catastrophe into which it is leading […]
Read the full story
Posted in Economic Crisis