Saturday , 18 May 2024

Search Results for: sovereign debt

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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Marc Faber: We Could Have a Crash Like in 1987! Here’s Why (+2K Views)

Marc Faber has stated in an interview* on Bloomberg Television that “I think the market will have difficulties to move up strongly unless we have a massive QE3 (something Faber thinks would "definitely occur" if the S&P 500 dropped another 100 to 150 points. If it bounces back to 1,400, he said, the Fed will probably wait to see how the economy develops)..... If the market makes a new high, it will be with very few stocks pushing up and the majority of stocks having already rolled over....If it moves and makes a high above 1,422, the second half of the year could witness a crash, like in 1987.” Words: 708

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