
The U.S. Will Default: It Always Does
In today’s Daily Journal, Porter writes that there’s a growing likelihood that the entire U.S. financial system will have to be “reset,” because our government cannot afford these debts.
In today’s Daily Journal, Porter writes that there’s a growing likelihood that the entire U.S. financial system will have to be “reset,” because our government cannot afford these debts.
In today’s Daily Journal, Porter writes that because of the speculation in gold and Bitcoin, and the country’s mountain of debt, America is going to default on its bonds. It happened in the 1930s. And it happened in 1971. And it’s going to happen again.
In today’s Daily Journal, Porter reports on the massive change in computing power that has taken place in the last 50 years… And Nvidia, which reports earnings tonight, has been a major driver of that. There’s a reason it is the most valuable business in the world.
In today’s Daily Journal, Porter explains a variety of topics, including the best strategies for making huge gains with little risk… and the big secret that he will strive to pass down to his children.
In today’s Daily Journal, Porter reflects on Memorial Day. Originally called Decoration Day, this holiday started in the South after the devastation of the Civil War, as a day to honor fallen Confederate soldiers by decorating their graves.
In today’s Daily Journal, we explain that President Trump’s erratic behavior on tariffs isn’t the cause of today’s economic uncertainty. The real cause traces back to what Porter first began writing about in his End Of America documentary, in 2011 – runaway government deficits leading to an unsustainable debt burden that would culminate in a crisis of confidence in U.S. financial assets.