Posts by Jeff Berwick

On Thursday, Donald Trump told CNBC that his solution to dealing with the $19 trillion-plus national debt involves a form of default such as repurchasing existing bonds at a discount. The media jumped all over him calling his idea “insane” and warning that it would tank the economy or set off an “unprecedented financial crisis.” They…

Billionaire trader, Stanley Druckenmiller, recently stated that the current situation in the global economy is similar to the situation on the eve of the crisis of 2008. At the Ira Sohn Investment Conference in New York, he said, “The bull market is exhausting itself… The Fed has borrowed from future consumption more than ever before. It…

After being one of the biggest cheerleaders of bitcoin for the last five years what I am about to say may shock some people. In fact, as I began to connect the dots, I shocked myself. I have been a defender of bitcoin as being a product of the free market since nearly day one.…

I’ve accepted that there are evil forces in this world that will do what they can to destroy you and your family in order to build globalism. From the Brussels bombings to the Panama Papers to the ongoing Syrian massacres and turmoil in the Middle East and the refugee crises, it is all planned out.…

When heavily socialist countries collapse, and they always do, it is always interesting to watch what they do near the end. Venezuela is the latest and its activities have gotten more bizarre by the day.  A few weeks ago, as we reported, the Central Bank of Venezuela blamed hyperinflation on a website.  Then they began flying in plane…

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