Gov't Shutdown: An illustrated guide
A great, to-the-point summary of what next week may look like and what it will mean for us, for government workers and for the economy. Let us hope - for the sake of the country and our economy - this is resolved quickly.
Should the possible shutdown concern you?
Should investors be worried about this government shutdown? Will this one be worse than the others? Only time will tell but the stakes are much higher this go-around. Now is the time to take defensive action to be on the safe side. This is why Swiss America recommends a portion of your assets be hold in physical assets like precious metals; to weather whatever storms come due to political inaction. If this shutdown comes to pass, it has the potential to be one of the longest, and as Mr. Rickards puts it, "that could do serious damage to an economy that’s already on the edge of recession."
Cashless Society: "It's Not Coming; It's Already Here"
It's that time of year again ... government shutdown season. This one seems like an inevitability so now the question is, how long will it last? These threats of shutdowns - and actual shutdowns - do seem to somehow resolve themselves with little fanfare, but that doesn't mean the economy hasn't lost billions while our elected officials play politics.