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Kerry Lutz's--Financial Survival Network

Apr 30, 2020

Richard is in Thailand where the virus never took hold despite the fact that thousands of Chinese visited prior to the outbreak. Assuming the virus doesn’t return, we’ll be viewing this as one of the great economic experiment in history. In the US, credit growth has been the great driver of economic expansion. When...


Apr 30, 2020

As Karen says, we're seeing an attempt by petty tyrants to micromanage our lives. People are fed up and they're reaching their breaking point. What will push them over and cause a mass movement against the wannabe dictators. If they don't back off soon, they're going to find out shortly. The time for quarantining is...


Apr 29, 2020

As editorial director at the American Institute of Economic Research, Jeff has been writing about the authoritarian response of the government to the Covid 19 crisis. He warned that the lockdowns were coming and he was totally correct. Now he believes that the backlash has begun. People are opening their businesses and...


Apr 29, 2020

There are decades where nothing happens and there are weeks when decades happen. -Vladimir Lennin. 

Everything Gordon and I have been talking about has come to fruition. The size and magnitude of the problem has been grossly understated. Oil companies, state and local government debt. Globally it’s even worse. 50-60...


Apr 28, 2020

Something was going to pop these bubbles and it just happened to be the Coronavirus. Oil crashed again to $12 per bbl. Diamond Offshore just went BK. Offshore drilling is super costly and their oil has no market. 27 oil tankers off the coast of Long Beach and even more off the coast of Singapore. We’re almost at the...