Do the math: Nine countries have debt-to-GDP ratios over 300 percent; this will end disastrously – naturalnews.com by: J. D. Heyes The world’s great powers, over the past 100 years, have grown more liberal in their societies and socialist in… Read More ›
DEBT
Economist Kotlikoff: ‘Our Country Is Broke’
Economist Kotlikoff: ‘Our Country Is Broke’ – newsmax.com By Dan Weil To those who say that U.S. government debt is easily manageable, Boston University economist Laurence Kotlikoff has a sobering reply. “Our country is broke. It’s not broke in 75 years… Read More ›
Global Debt Is MORE THAN TWICE AS BIG As the Entire World Economy… What Does It Mean?
http://www.thedailysheeple.com/global-debt-is-more-than-twice-as-big-as-the-entire-world-economy-what-does-it-mean_032015 The Guardian reports that global debt has grown by $57 trillion dollars – to $199 trillion dollars – since the 2008 financial crisis. How much is that? It’s a big number … but what does it actually mean? The Guardian notes… Read More ›
14 Signs That Most Americans Are Flat Broke And Totally Unprepared For The Coming Economic Crisis
http://theeconomiccollapseblog.com When the coming economic crisis strikes, more than half the country is going to be financially wiped out within weeks. At this point, more than 60 percent of all Americans are living paycheck to paycheck, and a whopping 24… Read More ›
Banks, Billionaires Rush to Prepare for “The Financial Death Spiral”
http://www.veteranstoday.com/2015/02/12/banks-billionaires-rush-to-prepare-for-the-financial-death-spiral Civil unrest and martial law, interment and death in FEMA camps will quickly follow a financial collapse in the US Naysayers tell us, “No, you’re crazy, the world is not coming to an end!” I agree that barring some… Read More ›
Barack Obama: What America Really Needs Is Lots More Debt
http://theeconomiccollapseblog.com When it comes to taking a chainsaw to the future of America, nobody seems more eager than Barack Obama. Despite the fact that the U.S. national debt is on pace to approximately double during his eight years in the… Read More ›
GREECE REASSURES EUROPE
http://www.huffingtonpost.com/2015/01/31/greece-europe-tensions_n_6586050.html? New Prime Minister Says He Wants To Reach A Deal Over Greek Debt ATHENS, New Greek Prime Minister Alexis Tsipras, striking a conciliatory note on debt talks after a turbulent start to office, has called the European Central Bank… Read More ›
When Genocide Is No Longer Unthinkable
http://www.thecommonsenseshow.com/2015/01/28/when-genocide-is-no-longer-unthinkable/ If you have most of your money tied up in the bank, you are either the most generous person in the world, or you are a fool of monumental proportions. Have you invested in developing the means to defend… Read More ›
Greece Is Turning Into Europe’s Worst Nightmare
Greece is quickly turning into a nightmare for Europe. Syriza, the radical left-wing political party that won the Greek parliamentary elections over the weekend, surprised the EU by challenging economic reforms and the sanctions imposed on Russia. Berlin and its European partners… Read More ›
The New Global Economy: The Rise Of China And Decline Of The U.S.
http://emergingequity.org/2015/01/28/the-new-global-economy-the-rise-of-china-and-decline-of-the-u-s/ There is a limit to economic manipulations by empires. All empires have perished due to economic hardships. The Ottoman, Soviet and the British empires were no exception in the past century. Waste was the key product of these empires…. Read More ›