Bank Crises Economic Update Video
A bank crises is brewing that could end up being worse than the 2008 banking crises. This economic update is intended to quickly catch you up on what is happening in the banking sector that most people are ignoring to their peril. It is part six of a six part series of Economic Update Videos. […]
US Dollar – Healthy?
On Friday, we showed you the history of the Dollar. So let’s now look at the U.S. Dollar with eyes wide open and see if this is a fiat currency that can buck the trend of following every other fiat currency into the wastebasket of history… There are a couple really important things to look […]
Banks Problems and the Economy
We spoke recently about banks and the problems they are facing. Let’s dig a little deeper into those. The FDIC closes banks down every Friday, and we are at a record pace of banks failures so far this year. Each Friday night that the FDIC goes in to close a new bank, it is found […]
Banks & Signs of Depression
Banks problems are one of the leading signs of depression. We spoke Monday about the problems that banks are having and how this can be dreadful for the economy. Today, we’ll continue our look at signs of depression within the current economy. Studies have shown that when the FDIC closes down a bank and liquidates […]
Economic Indicators of Depression
Economic indicators point towards a depression. Signs are everywhere. We began speaking about this last week. Today, we’ll begin to look at these economic indicators so that you can see for yourself the signs of depression. Western Governments, lead by the United States, have for decades utilized the printing and borrowing of money along with […]
Economic Update on Recent Bank Failures
It’s been a while since our last Economic Update Video and today’s will focus on bank failures. I’ve been sick (or had allergies) for a couple weeks and so we have alot of economic news to cover because there’s been a tremendous amount going on in the world. We’ll be showing several videos in a […]
Economic Update – Banking System Failure
We’re focusing on the failure of the banking system in this week’s economic update video. We decided to start this one with some good news in commercial real estate. We then move into some bleaker news out of our banking system as well as mortgage delinquency news, Warren Buffett’s partner and the St. Louis Federal […]
What Other Bombs are Set to Explode on the US Economy?
Yesterday, we looked at the possibility of rising energy prices or residential mortgage defaults derailing our economy and destroying the value of the dollar and all of your wealth along with it. Today we’ll look at a few more bombs set to go off in the near future. Commercial Loan defaults. Commercial loans are usually […]