PODCAST: Bankruptcy of our Nation – One State at a Time
June 22, 2017
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In this week's broadcast, as bankruptcy looms large over Illinois, economist and author Jerry Robinson exposes the underbelly of America's increasing financial woes - and offers us a positive plan of action. Also, Tom Cloud reports on recent news in gold and silver.
The bankruptcy of our nation is clearly evident in the current crisis facing Illinois. Jerry Robinson reveals our individual culpability in America’s spending problem with surprising and disturbing statistics.
Illinois is not alone; many states are likely to follow
The new reality of diminishing U.S. power in the global economy
Americans owe $1 trillion (with a “T”) in credit card debt!
The “Amazon” effect: Where’s the inflation?
The inevitable rise in interest rates… and the doomed debtors
What can you do to solve your own financial problems?
With over 40 years of market experience, precious metals expert Tom Cloud brings us his perspective of what lies ahead for gold and silver. Topics include:
The new legislation being drafted in the Senate
Singapore forges ahead with ethereum
Is a new Fedcoin in our future?
The mounting financial crisis in Europe
Record-breaker: The stock market is at over 30x earnings!
Jerry closes out today’s show by challenging us to closely and honestly examine our use of money. Are we spending it on what is truly important to us? Beginning a charitable giving plan will provoke us to think about our money in a brand new way.
PRAISE FOR JERRY 'S BOOK "Jerry Robinson does an excellent job of explaining the 'Petrodollar' system. His book explains exactly how this will come about, but equally important is the comprehensive section on what you can do to protect yourself."
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