Latest Posts
Economy in Severe Trouble-John Williams
By Greg Hunter’s USAWatchdog.com
Economist John Williams says forget all the happy talk about the improving economy. Williams says “The economy is in severe trouble.” Williams goes on to say, “When you see a contraction as we had in the first quarter, given all the upside biases that the government puts into the series, you know the economy is in serious trouble. The second quarter was reported at 4% (GDP). They revised it up to 4.2%. That is not much of a revision, and it is barely significant when you consider there is a margin of error plus or minus three and a half percentage points. Early numbers we have seen on the third quarter suggests that the third quarter is going to be weaker. The numbers for the second quarter . . . do not support 4% growth. There is no way that is happening.”
Weekly News Wrap-Up 8.29.14
Greg Hunter’s USAWatchdog.com
It’s official–Russia invades Ukraine. Now you know why I have led every Wrap-Up with Ukraine. I have been predicting wider war in Ukraine, and now we have one. The President said in a press conference that there is not going to be a military response to this escalation, but my sources say the U.S. has been covertly helping the Ukrainians. How do you think they have been able to overtake the pro-Russian separatists in Eastern Ukraine? (more…)
Federal Reserve-A Stunning Failure-James Corbett
By Greg Hunter’s USAWatchdog.com
Journalist James Corbett thinks much of the world’s problems can be traced back to the Federal Reserve, and he recently produced a free online documentary to back up his charge. Corbett says, “The central banking issue and who controls the money supply is really at the root of so many of the problems we see taking place right now; it’s not only economically, but geopolitically. The United States’ ability to wage war around the globe is predicated on the ability to continue issuing debt in order to create more money in the economy. . . . By any measure you want to use . . . the Federal Reserve, it is a stunning failure because it fails to live up to all the reasons it was created for including insuring the stability of the money supply and the stability of the purchasing power of the dollar which has declined a staggering 97% since the creation of the Fed 100 years ago. (more…)
I Fear a Crash-Axel Merk
Greg Hunter’s USAWatchdog.com
Money manager Axel Merk is worried about financial risk and that it is being downplayed. Merk says, “I am very concerned. I am spooked about the equity markets. The folks that buy stocks buy them because they have to keep up with the markets. The folks that buy gold buy it because they like gold. Just recently, you have a down turn, and you don’t have this rush to sell gold right now because the folks holding it are strong hands. (more…)
Weekly News Wrap-Up 8.22.14
By Greg Hunter’s USAWatchdog.com
This may sound strange to you, but the top story is still the Ukraine crisis because it is far from over. In my view, the West is still inching towards war with Russia. The building of a new natural gas pipeline through Bulgaria has been stopped for the second time this week. Nearly 200 troops and a dozen NATO F-15 fighter jets are also going to Bulgaria for more war games. (more…)
Another 2008 Around the Corner-Bix Weir
By Greg Hunter’s USAWatchdog.com
Financial writer and analyst Bix Weir says what is going on in Ferguson, Missouri, is more than just a police action gone deadly. Weir says, “There is definitely discontent out there. The press covers so many things up, and the government gives us so many lies on statistics, such as unemployment, about GDP, and you name it, they lie about it. There is so much bubbling up under the surface, and I do think this is the beginning of something much bigger. (more…)
Economic Mayhem Coming for U S-Craig Hemke
Hunter’s USAWatchdog.com
Financial expert Craig Hemke is founder of the popular website TFMetalsReport.com. Hemke says, “We are all preparing for the end of the Keynesian experiment. We are all in the same boat. The Keynesian experiment means this idea that government can simply print money and go into greater and greater debt. Increase the money supply year over year, and we are at a point where that is in the terminal phase. . . . It’s unsustainable, and we are preparing for what’s going to happen next.” (more…)
Weekly News Wrap-Up 8.15.14
By Greg Hunter’s USAWatchdog.com
We start, once again, with the crisis in Ukraine. Russia sent a humanitarian convoy to the pro-Russian separatist. It was stalled well short of the border for a while and it looks like it will cross at some point. The Ukraine government said it would stop the convoy that is aimed at resupplying the rebels with food and water. (more…)
Financial Cold War Accelerates Dollar Demise-Peter Schiff
By Greg Hunter’s USAWatchdog.com
Money manager Peter Schiff hasn’t changed his investment strategy one bit, even though the world seems to be falling apart. Schiff explains, “I am already prepared, and what I am trying to prepare my clients for is for the day when the dollar is no longer the reserve currency. (more…)
Threat of Nuclear War Back-Paul Craig Roberts
By Greg Hunter’s USAWatchdog.com (Early Sunday Release)
Former Assistant Treasury Secretary Dr. Paul Craig Roberts is worried about nuclear war with China and Russia. Dr. Roberts warns, “It’s clear Russia doesn’t want war. China doesn’t want war, but because of the recklessness of the Bush and Obama regimes, both China and Russia have been upgrading their strategic nuclear forces. (more…)
Weekly News Wrap-Up 8.8.14
By Greg Hunter’s USAWatchdog.com
Every story I have could have been the lead story, but I am starting with the Ukraine crisis. I told you that the downing of Malaysian flight 17 would not have any effect on what was coming. The investigation has been halted because of fighting in the area, and it really makes no difference who shot it down because war is coming no matter what. (more…)
Manipulation by Obama Caused U.S. Border Crisis-Dinesh D’Souza
By Greg Hunter’s USAWatchdog.com
Filmmaker and best-selling author Dinesh D’Souza imagines a world without America. In his new book and movie titled “America,” D’Souza says, “There are a lot of people who don’t like the America today, who don’t like what we know now. They don’t like what I call the ‘spirit of 1776.’ They see themselves as progressive. They want to get beyond all that, and they have a powerful critique of America. (more…)
Gregory Mannarino-System Is Dead-Cascade of Events Will Happen
By Greg Hunter’s USAWatchdog.com
Analyst/trader Gregory Mannarino says the recent Argentina bond default is a big deal and is a symptom of a much bigger global problem—debt. Mannarino explains, “I’ve been talking about the insurmountable debt problem for years now. It is the greatest threat to humankind—period. What really needs to be understood here is that it is not just a financial issue, but also a resource issue. We have been allowed through this mechanism of failing monetary system that pulls cash out of the future to acquire resources that we would not normally have. We have created an alternative universe.” (more…)
Weekly News Wrap-Up 8.1.14
By Greg Hunter’s USAWatchdog.com
Top story is the Israel/Hamas war. Now, even the Pentagon is concerned about civilian deaths as allegations of Israel shelling a U.N. facility housing civilians was hit. Hamas vows to fight on and so does Israel. Hamas wants its borders opened, and Israel wants the rockets and tunnels shut down. I predicted this is going to go on for a while and is looking like it may spark a wider Middle East war. (more…)
Dangerous Housing Market-Manipulated Ponzi Style Boom-Fabian Calvo
By Greg Hunter’s USAWatchdog.com Real Estate expert Fabian Calvo says boom bust housing crisis is on the way. Calvo explains, “There are a lot of outlier indicators that show the run-up to another big boom in housing prices. If you look back and consider my theory of the ‘pump and dump’ in March of 2012, when I said housing prices would shoot through the roof, housing prices are up over 26%. (more…)