Friday , 22 November 2024

Economy

Is a Plan Afoot to Introduce a New Dollar to Repudiate America’s Piles of Debt and Derivatives? (+2K Views)

Any thinking person with a calculator knows that the current global monetary system is going to fail given enough time. Rather than going through the charade of more quantitative easing, what if the central banks, the collaborating Western governments, and the financial elites decide to let the system fail now? [What if]...people in control...have a plan...to accelerate the emergence of a new dollar.

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U.S. Financial Crisis Makes Future Rioting In The Streets An Almost Certain Outcome! Here’s Why (+2K Views)

The U.S. government has put us between the proverbial 'rock and a hard place'. Cutting spending to improve our country's financial situation would surely trigger rioting in the streets by those Americans most adversely affected yet not cutting spending will trigger much higher inflation - even hyperinflation - which will also result in rioting....Government cannot control how this ends. They may be able to tinker with the timing a bit and they still have the choice of poisons with which to destroy the country, [but] that the country is gone, that is no longer alterable. Words: 930

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Economic Alert: If You’re Not Worried Yet…You Should Be (+2K Views)

For the past four years I have been covering the progression of the global economic crisis with an emphasis on the debilitating effects it has had on the American financial system. Only once before have I ever issued an economic alert, and this was at the onset of the very first credit downgrade in U.S. history by S&P. I do not take the word “alert” lightly. [Read on to to understand why I have issued an economic alert once again.] Words: 1904

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U.S. Gov't Making Preperations for Expected Major Social Unrest Next Year

The Federal government is gearing up for unprecedented social unrest (worse than Greece or Spain) when Washington is forced to impose "austerity" plans next year... [which will be deemed absolutely necessary to avoid] runaway inflation [that would otherwise occur] to pay for the country's costly welfare programs like Social Security, Medicare, Medicaid, Food Stamps and massive unfunded liabilities. [Below are the preparations presently underway.] Words: 500

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Kunstler: Wake up, Sleepyheads! Things are Heating Up

Europe may soon be choking on that plat du jour of government a la Hollandaise with the side of chopped Greek salad. The whole world, in fact, has got something like a giant hairball stuck in its craw. The hairball is composed of filaments of lies wound over a core of supernatural indebtedness. The lies are promises that the debt will be paid back. Words: 710

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Nigel Farage: The Only Way to Avoid a Depression Is a Break Up of the European Union

We still don’t have many political voices [in the European Union] that have the courage to say, ‘We’re headed for the rocks, and before we hit the rocks, let’s take a different course. Let’s try to break this thing up peaceably, before it ends in disaster....The establishment always supports the status quo...but actually, I think the only way we can avoid a depression is to break this (the EU) up.

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In Defense of Spain: What Crisis??

You can twist it as you like: there is no European debt crisis. There simply isn't. The uncontrolled media frenzy that we are experiencing is undifferentiated, baseless and harming investors. They are selling shares in Spain instead of profiting from these extraordinary times and buying more of them - as any serious investor would do. Words: 506

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