Friday , 1 November 2024

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New & Used Vehicle Bubbles Developing

Seventeen million new vehicles were sold in 2015, the highest it’s ever been in United States history but, while the media claims that this record has been reached because of drastic improvements to the U.S. economy, they are once again failing to account for the central factor: credit expansion.

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Inside Scoop: World Economic Forum To Replace Word “debt” With “agfok” (+2K Views)

This year's World economic Forum proposes adding a new word to the English language motivated by a recognition that the word ‘debt’, as defined by Merriam Webster, implies something that is owed and will be paid back and that his definition is becoming a very Inconvenient Truth for the world’s bankers and politicians. It has been proposed that the word “debt” be replaced with the word “agfok”, an acronym for “A Gift For Our Kids”.

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QE4 Would Be Unconscionable. It Must Not Happen. Here’s Why

The financial industry & financial news networks have been discussing whether or not the government should be getting involved with more quantitative easing (QE4) in order to slow down or try to prevent the fall in the markets. This idea is unconscionable to us and it absolutely cannot happen. Here's why.

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