The government “recovery” is doomed

Understanding basic economics is critical to knowing what to do as the economy continues to sink. Perhaps the greatest flaw economists make — is not understanding how politics work.

The very nature of politics is what makes sure every “micromanage the economy” plan will fail — pretty much no matter what.

• Why central economic planning always fails. I explain the above in detail, and include a crazy quote by one of the most famous pro-government economists ever — John Maynard Keynes. You’ll question his sanity after you see the quote. Click here.

• What’s happening to inflation? We’re seeing both inflation and deflation happening at the same time, which is essentially a way of saying “our economy is spiraling”. This is very, very bad. Inflation and deflation often happen at the same time — some markets boom, some markets bust. At the same time — often in the same locations. Click here.

• What is the real national debt? The government likes to lie to its people to keep up complacent. One of those lies is that our debt is $14 trillion. It’s not. It’s more like $100 trillion. And it’s growing. Click here.

• Don’t wait for retirement. This is kind of a different topic than we usually discuss, but this is important. Long story short, I’m in a working retirement — and will continue to live this way until the day I’ll die. Traditional retirement is a little overrated, in my book. Taking a longer working retirement, or even mini-retirements, is a much less risky proposition. Click here.

Of course, I’m sure you’ve heard that unemployment is getting worse in America. This caused stocks to take a dive, and silver to go up. Whether it will keep this up for a bit is anyone’s guess — but I’ll be writing more about it in the following week.

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Related Posts:

1. Why Does the Government Keep Creating Inflation?
2. IMF Chief: Economic Recovery is “Uncertain”