Wealth

Economy

11 Signs That U.S. Consumers Are In Very Serious Trouble As We Head Into The Final Stretch Of 2023

November 21, 2023 RickMad Comments Off on 11 Signs That U.S. Consumers Are In Very Serious Trouble As We Head Into The Final Stretch Of 2023

TheEconomicCollapseBlog.com: U.S. consumers are getting weaker and weaker and weaker.  Today, debt levels have risen to unprecedented heights, but thanks to roaring inflation our standard of living has been steadily going down.  Most Americans are working extremely […]

Housing Market

The Stalemate of the Century: Housing Facing an Existential Moment

October 27, 2023 RickMad Comments Off on The Stalemate of the Century: Housing Facing an Existential Moment

DoctorHousingBubble.com: It was only a matter of time that the housing market hit a giant wall of apathy and the level of denial is deep out there. People are starting to understand the cost of […]

Debt Ceiling

Deficit For Fiscal Year 2023 Was $1.7 Trillion, Growing 23% In A Single Year

October 25, 2023 RickMad Comments Off on Deficit For Fiscal Year 2023 Was $1.7 Trillion, Growing 23% In A Single Year

FoxBusiness.com: The Treasury fiddles as the nation’s finances burn around it. With all the chaos and heartbreaking loss of life around the world today, few noticed the Treasury Department drop a financial bomb: the deficit […]

Economy

Peter Schiff: It’s the Beginning of the End of This Whole Phony Economy

September 28, 2023 RickMad Comments Off on Peter Schiff: It’s the Beginning of the End of This Whole Phony Economy

Schiffgold.com: Interest rates continue to push relentlessly higher. As Peter Schiff explained in his podcast, that’s a big problem when the entire economy is built on a foundation of cheap money. But most people in […]

Housing Market

The Problem Isn’t A Housing Shortage, It’s The Concentration Of Ownership By The Wealthy

August 24, 2023 RickMad Comments Off on The Problem Isn’t A Housing Shortage, It’s The Concentration Of Ownership By The Wealthy

ZeroHedge.com: This concentration of housing ownership by the wealthy is the direct result of Federal Reserve and federal policies that benefit the wealthy. We’re told that sky-high rents and home prices are the result of […]

Wealth

The World’s Richest 10 Men Doubled Their Fortunes To $1.5 Trillion During The Pandemic, Says Oxfam

January 17, 2022 RickMad Comments Off on The World’s Richest 10 Men Doubled Their Fortunes To $1.5 Trillion During The Pandemic, Says Oxfam

MarketWatch.com: The world’s top ten billionaires increased their wealth by $1.3 billion a day, or $15,000 a second, during the global pandemic. That’s according to a new report from global charity Oxfam International released on […]

Investing

Robert Kiyosaki Just Said We’re Already In A ‘Technical Depression’ — But He’s Using These 3 Assets To Protect Himself From The Pain

December 27, 2021 RickMad Comments Off on Robert Kiyosaki Just Said We’re Already In A ‘Technical Depression’ — But He’s Using These 3 Assets To Protect Himself From The Pain

Yahoo.com: With the S&P 500 back near all-time highs, the stock market is largely shrugging off inflation and Omicron concerns. But according to Rich Dad Poor Dad author Robert Kiyosaki, danger lurks. In an interview […]

Wealth

Super-Rich Increase Their Share of World’s Income

December 10, 2021 RickMad Comments Off on Super-Rich Increase Their Share of World’s Income

BBC.com: The share of wealth owned by the world’s richest people soared during the Covid pandemic, a major study on inequality has found. The World Inequality Report said that 2020 saw the steepest increase in […]