Banking

Even if all federal tax revenue was applied to pay down U.S. sovereign debt, it would take 10 years (not including any interest) to do so! This infographic shows how other countries like Canada, UK, Australia and Germany, among others, rank in comparison.es like Canada, UK, Australia and Germany, among others, rank in comparison.

There’s a view in some policy circles that easy monetary policy is goodInterest-Rates for an economy, and the more stimulus you add, the better...This latest stimulus is taking the form of negative interest rates, or charging banks to park their cash with the expectation that this will spur lending and economic growth...In my opinion, however, negative rates—or high rental costs for money storage—are excessive and more likely to hurt, rather than help, economic and financial stability. Here are a few reasons why:

One of the 5 main purposes of the meeting in Davos is to discern and implement new ways to convince the public that giving a perpetual and eternal supply of money to the largest employers in the world - governments, the banking industry and the defense industry - is the path to financial salvation.

Russian Roulette: Put one bullet in the cylinder of a revolver, spin the cylinder, point the gun at YOUR head, and pull the trigger. Most revolvers have 6 chambers, so your odds of surviving are 5 in 6, IF you quit after pulling the trigger once. Press your luck, spin the cylinder, point the gun, and pull the trigger again. It might be okay. Try for a third time? Now let's play Russian roulette - derivatives style.

In 2016 we can expect more QE and when that doesn't defeat deflation (driven by global over-indebtedness), further unorthodox measures will be taken (i.e. helicopter money) and eventually there will be a gold revaluation to $8,000/ozt.

We have entered the endgame for the dollar as the dominant reserve currency and most investors and policy makers are unaware of the implications - but those who are will have positioned themselves in the one asset most likely to be left standing when the dust settles - gold.

Analysts at Deutsche Bank recently released an extensive study that demonstrates the link between debt and crisis. One chart in particular screamed for attention.

The ‘Money Industry’ bought control of America and, as such, bought control of the American political system and, in the process, betrayed America’s trust in them. They are still in control and there is no end in sight. Words: 1611

The debate in Washington over when and how to increase the debt limit is less than 100% accurate. Here are some myths about the debt ceiling and the debate about raising it.

Almost every financial crisis is presented in the mainstream media as one that "nobody saw coming" yet, as the 4 charts show below, the next one is foreseeable - "the writing is already on the wall".