Federal Reserve openly aiming for inflation – The Fed looks for a sequel in...
The Federal Reserve has painted itself into a very narrow and troubling corner for most of working and middle class America. The massive debt problems on hand have no realistic way of being paid off...
View ArticleThe Giant American Banking Deception – $7.4 trillion in deposits backed by...
The American banking industry is trying to convince the public that simply by hiding bad debts in the deep levels of corporate balance sheets that taking on leveraged risk is somehow safe. FDIC...
View ArticleFederal Reserve openly targets dollar demise – U.S. Treasury and Federal...
The collapse of the global stock markets was something that was supposed to happen if the debt ceiling wasn’t raised. But here we are, seeing a sudden correction even after the debt ceiling was...
View ArticleHow investment banks turned housing and student loans into a toxic and...
Most Americans pull their net worth from their investment in good old housing. It is the biggest purchase most will ever make. And because of this, after the Great Depression, housing was a boring...
View ArticleThe chastisement of the American saver – Federal Reserve offers a higher...
Americans are facing a banking system that is largely designed to go against their best economic interest. Even a decade ago people were able to find a savings account or a certificate of deposit that...
View ArticleThe US cannot avoid a soft default even if a hard default is avoided: Debt...
All the talk has shifted from the government shutdown to the US actually defaulting on outstanding debts. The markets were in deep fear but the last couple of days rumors that the debt ceiling would...
View ArticleCentral banks and a global soft default: Current interest payments on public...
Global central banks are fully addicted to the opiate of debt. The financial system has created a rentier class that chases investment yield even when the economy isn’t necessarily growing. Think about...
View ArticleWhat the heck? U.S. Public Debt up $518 billion in November alone: U.S. debt...
You might remember that back in March, we hit our debt ceiling limit. The amount registering on the U.S. Treasury Department website was stuck at roughly $18.15 trillion. Of course given our...
View ArticleAs the debt bubble grows: US Gross National Debt to Spike by 800 Billion...
It is rather clear that we are spending beyond our means like a young college graduate with their first paycheck. Consumer debt continues to spin wildly out of control and the government continues to...
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