‘Yes, this bubble will burst!’ – Richard Wolff on US economy (full show)

Unemployment stands at a staggering nine percent in the US. But when it comes to cars, homes and online consumption, Americans are spending like there’s no tomorrow. Banks are awash with money and stocks are through the roof. So are we in a recession or a boom? Renowned economist Prof. Richard Wolff joins Rick Sanchez to weigh in on the enigmatic US economy. … Read More >‘Yes, this bubble will burst!’ – Richard Wolff on US economy (full show)

Fast cash online causing US debt explosion — borrower beware!

Washington’s public national debt now exceeds $26.6 trillion. It has grown to such heights that every US citizen is born owing $80,000. Meanwhile, our collective mortgage debt stands at $13 trillion, corporate debt is $10 trillion, student debt is more than $1 trillion and consumer debt exceeds $4.2 trillion. … Read More >Fast cash online causing US debt explosion — borrower beware!

Worst financial crash coming: ‘US is the LARGEST DEBTOR NATION in the history of the world’ – legendary investor Jim Rogers

While monetary stimulus may have provided short-term relief to the financial markets, the enormous amount of debt created as a result will create negative consequences for the economy in the long-term. … Read More >Worst financial crash coming: ‘US is the LARGEST DEBTOR NATION in the history of the world’ – legendary investor Jim Rogers