Puerto_Rico_Economy

Puerto Rico’s governor says island cannot pay back $70 billion in debt, is near ‘death spiral’

The governor of Puerto Rico has decided that the island cannot pay back more than $70 billion in debt, setting up an unprecedented financial crisis that could rock the municipal bond market and lead to higher borrowing costs for governments across the United States. Puerto Rico’s move could roil financial markets already dealing with the…

ERISA

Three Events That Will Most Likely Wipe Out ALL Your Savings, If You Do Not Take Action Now

2015 – 2018 will be a literal financial hell for the United States. AND… We will not see our nation come out of this till around 2020 – 2025. This is not a some theory, it is a demographic fact based on pure numbers of our current population. What is happening? The largest income and…

APEC-obama-china

Obama Continues To Be Humiliated By The Rising Anti-Dollar Alliance

Now it’s Austria, Switzerland, and Australia that have joined dozens of other countries around the world in the anti-dollar alliance. These nations, which also include most US ‘allies’ in Western Europe like Germany, France and the UK, have all signed on to be founding members of China’s new Asia Infrastructure Investment Bank (AIIB). The AIIB…