Because of Their Student Loans, Millennials Expect to Die in Debt

Adulting, the now common idiom goes, is hard. And to many millennials, the grim realization that debt will always be part of their lives is not making it any easier. In some cases, their debt load is so soul-crushing they expect to die without ever paying what they owe back. So how much does this problem have to do with the higher-education crisis the country is facing? As it turns out, everything. According to a study by Northwestern Mutual, educational loans are the leading source of debt for millennials ages 18 to 24. And according to a CreditCards.com report, over 60 percent of millennials aged 18 to 37 are completely unsure when, or if, they will be able to pay their debt off. Among those who responded they are uncertain about their ability to pay off debt, 20 percent said they expected to die in debt. But to those […] Read More

Your Tax Dollars At Work: Govt Officially Forgiving Student Debt

Authored by Simon Black via SovereignMan.com, When all the tribes of Israel still lived in their holy land, they practiced something called the Jubilee. According to the Book of Leviticus, the Jubilee existed because the Israeli land actually belonged to their god Yahweh…. and the current owners were just borrowing it (sounds like land ownership today – try not paying your property taxes and see who really owns your land). So every 49 years, the Israelites would celebrate by freeing slaves, redistributing property and forgiving debts. Of course, a 49-year cycle where debt is forgiven and the land is returned to previous owners is ridiculous… markets can’t function under this system. Imagine buying a piece of land and not knowing if you have to give it back down the road… or lending someone money with the possibility that those debts just disappear and you get nothing back for the […] Read More

A Million Americans Are Living In Their RVs As The American Dream Continues To Be “Redefined”

Image: Luis Sinco / Los Angeles Times Could you imagine living in an RV on a permanent basis? On the one hand, such a lifestyle can offer a sense of freedom that is absolutely exhilarating. Instead of being tied down to just one place, you can freely travel the country and live anywhere that you want. Such a lifestyle makes it easy to escape the cold in the winter and the heat in the summer, and if you don’t like your neighbors you can literally leave the next day. But of course there are a lot of negatives too. Life in an RV can be extremely cramped, there is very little privacy, and most people have to cut their possessions way, way down in order to fit all their things into an RV. Living on the road constantly can get really old, because you have to sacrifice many of […] Read More

The World Is Quietly Decoupling From The U.S. – And No One Is Paying Attention

Blind faith in the U.S. dollar is perhaps one of the most crippling disabilities economists have in gauging our economic future. Historically speaking, fiat currencies are animals with very short lives, and world reserve currencies are even more prone to an early death. But, for some reason, the notion that the dollar is vulnerable at all to the same fate is deemed ridiculous by the mainstream. This delusion has also recently bled into parts of the alternative economic movement, with some analysts hoping that the Trump Administration will somehow reverse several decades of central bank sabotage in only four to eight years. However, this thinking requires a person to completely ignore the prevailing trend. Years before there was ever an inkling of a trade war, multiple nations were establishing bilateral agreements that would cut the dollar as the primary exchange mechanism. China has been a leader in this effort, […] Read More

5 Ways The Money System Keeps You Trapped

Money as survival, living off grid and a money free world are terms that are being bandied around more and more as people become aware of the systemic trap we’ve all been indoctrinated into. by Amara Christi When you look at the patterns of how the money-as-survival system plays out, you realize its efficacy lies in how thoroughly it hamstrings you from every angle. Today we’re going to briefly unpack five of the ways that the money system manages to keep you trapped, even though you may be making moves towards trying to get out of it. 1. A short cycle of 1-month Time is a very artificial construct, once you get into it. The only real measure of time we have is a day, and we mark that because we see the sun rise and set. It’s the contrast of the light and darkness that so effectively delineates […] Read More

The Money Masters: Behind the Global Debt Crisis

To watch ‘The Money Masters’ documentary, please scroll at the bottom of this article. To learn more about the current debt situation and the people behind it, please continue reading… In the US, we see untold millions suffering from the impact of mass foreclosures and unemployment; in Greece, Spain, Portugal, Ireland, and Italy, stringent austerity measures are imposed upon the whole population; all coupled with major banking collapses in Iceland, the UK and the US, and indecent bail-outs of “too-big-to-fail” bankers (Newspeak for too powerful to fail). No doubt, the bulk of the responsibility for these debacles falls squarely on the shoulders of caretaker governments in these countries that are subordinated to Money Power interests and objectives. In country after country, that comes together with embedded corruption, particularly evident today in the UK, Italy and the US. As we assess some of the key components of today’s Global Financial, […] Read More

This May Be The Beginning Of The Great Financial Reckoning

For the past several years, the government has always been able to rely on the usual suspects to loan them money and buy up all the debt, namely– the Federal Reserve, the Chinese, and the Japanese. Those three alone have loaned trillions of dollars to the US government since the end of the financial crisis. The Federal Reserve in particular, through its “Quantitative Easing” programs, was on an all-out binge, buying up every long-dated Treasury Bond it could find, like some sort of junkie debt addict. And both Chinese and Japanese holdings of US government debt now exceed $1 trillion each, more than double what they were before the 2008 crisis. But now each of those three lenders is out of the game. The Federal Reserve has formally ended its Quantitative Easing program. In other words, the Fed has said it will no longer conjure money out of thin […] Read More

Bitcoin Isn’t The Bubble – The Global Financial System Is

Pretty much every article you read about bitcoin in the mainstream press ends up in the same place. You may not hear it until the seventh or eighth paragraph, but eventually you’ll be told that the whole thing is nothing more than a modern day “tulip bubble.” The more creative types will also throw around the South Sea or Mississippi Bubble. You get the point. The consensus among the very smart experts is unanimous: bitcoin is clearly and indisputably a gigantic bubble that’s set to burst. I’ve been hearing this since the early days of getting involved in the space back in 2012. But I’m not convinced. For one thing, bubbles don’t do what bitcoin has done since its inception in 2009. During my 10-year tenure on Wall Street, I saw several bubbles grow and then burst, and one thing you learn is that an actual bubble rises like […] Read More

Elite Globalists Will Engineer Financial Collapse And Blame Bitcoin

By Mac Slavo Every single financial collapse has been engineered by elitists and governments as a method of gaining the public’s support for more control over their money supply. Now one YouTuber has the guts to say it and boldly declares that those same globalists will blame bitcoin for a biblical level financial collapse. The Dollar Vigilante YouTube channel isn’t walking on eggshells in their video titled “The Globalist Plan To Blame Bitcoin For Biblical Level Collapse.” The video starts off with a harsh dose of reality that many won’t like: They won’t teach you in your government schools but every major economic and financial collapse is planned. It doesn’t happen by accident. Jeff Berwick, The Dollar Vigilante [embedded content] Berwick doesn’t mince words later either, and he says that the government and other globalists already have plans to collapse the economy and blame Bitcoin. Mike Adams, the Health Ranger has also stated […] Read More