In Economics & Investing Media of the Week we feature photos, charts, graphs, maps, video links, and news items of interest to preppers. This week: A graphic showing countries with the highest levels of household debt. The thumbnail below is click-expandable.
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(Graphic courtesy of Reddit [2], based on IMF data)
Economics & Investing Links of Interest
- WSJ: U.S. Budget Hole Set to Deepen by Trillions” [3]. A key quote: The U.S. is projected to run a deficit of $1.85 trillion, or 5.8% of gross domestic product, in the year that ends Sept. 30, and then stay about level at 5.7% of GDP in fiscal 2027.”
- Spot Silver was slammed down by more than 10.7% to $75.82 per Troy ounce yesterday, in New York trading. Meanwhile, silver has been selling for more than $93 per ounce in Shanghai trading. The bifurcation between Western “paper silver” contracts and Asian physical silver will probably not last more than a few more months. The silver bull market is still in progress. – JWR
- U.S. Breaks 15-Year Run Of Coal Declines With Increased Demand [4].
- This 90-year-old thought her old stoneware crock would fetch $100 at auction. Boy was she wrong [5].
- Eddie Bauer retail operator files for bankruptcy, begins liquidation sales [6]. JWR’s Comment: They should have stuck with making and selling outdoor gear. That was their core competency. By drifting off into selling women’s fashions, they entered a new business world with fickle customers and cutthroat competition — with no margin for error.
- Paul Craig Roberts: Florida Makes Gold & Silver Official Means of Payment [7].
- Goldman Sachs 2026 Commodities Outlook [8]. (JWR’s Comment: This adds new meaning to the familiar phrase: “Revised sharply upward.”)
Economics & Investing Media Tips:
Please send your economics and investing links to JWR [9]. (Either via e-mail or via our Contact form [10].) Thanks!