The ball is now in their court !
Societe Generale Bank analyst Albert Edwards said that consumers will hardly be able to keep the US economy afloat for long. The only thing that keeps the US economy afloat is the level of consumer spending, which accounts for about 70% of US gross domestic product. However, the US may soon lose this support.
Jim W. Dean – These targeted countries have their own “Bankster Pivot” going on, which the Western press has generally ignored, as it puts Western diplomacy under the harsh spotlight that reveals it to be a game for gangsters, where no prisoners are taken.
First, the establishment mandated that all American children had to suffer years of indoctrination – the inculcation of statist doctrines in free public schools.
__________ Russia Today Central banks selling off US debt at record pace In March, central banks from around the world dumped $17 billion in American Treasuries. Since the beginning of the year the sell-off has reached $123 billion, which is the quickest pace since 1978. China sold $7.7 billion in US debt in March, lowering […]
A 45-year-old Utah man, Rex Iverson, died in prison on January 23, 2016, after being incarcerated on a $350 bench warrant for failing to pay a court-ordered civil judgment. In 2013, the Tremonton Justice Court had issued a $2,377 judgment against Iverson for a Christmas Eve 2013 ambulance bill. Iverson died in a Box Elder County […]
Andrea Wong and Liz McCormick at Bloomberg Five hundred and one thousand ruble notes are displayed in an illustration Friday, June 30th in Cambridge, Massachusetts. Russia’s central bank may struggle to contain gains in the ruble as foreign investors take advantage of tomorrow’s end to restrictions on buying the nation’s bonds and currency. A stronger ruble […]
The price of insuring Riyadh’s debt has more than doubled in the past 12 months as oil prices continue to collapse.
We stand at the precipice or the event horizon of the greatest economic transition that any of us have ever seen.
The violations included trying to collect or selling to debt collectors accounts that Chase wasn’t legally allowed to collect.
The main premise of Life After Growth: How the Global Economy Really Works – and Why 200 Years of Growth are Over is that global economic growth has ended. Western governments conceal this fact through debt creation, inflation and clever manipulation of statistical economic indicators. According to Tim Morgan, leading analyst at the London financial brokerage Tullett Prebon, economic growth ended in 2000 and the economy has been shrinking ever since.
Potentially more powerful than any nuclear device that exists.
So volatile, it could perhaps be ignited by even a small unexpected spark.
“Step-by-step, just as with the boiling of frogs, Washington has been turning the heat up on China since about 2005. Today it is dangerously close to a boil.
For the past 18 months ago, IMF economists Michael Kumhof and Jaromir Benes have been circulating a proposal to end the ability of banks to create money.
They say the root of evil is money. The real evil is when our government turns over our monetary policy to the international miscreants of the Federal Reserve…Ron Paul is right!
There is wide political agreement that we need to do more to support our veterans and their families. A recent spectacular demonstration was the 326-90 vote in the House and 95-3 vote in the Senate to repeal the military pension cuts to veterans and active service members that were in the Ryan-Murray budget deal.
I have been extremely impressed to see Philadelphia’s students, teachers, parents and churches organizing at the grassroots level.
During the past year, VA provided Supportive Services for Veteran Families (SSVF) Program grants to community organizations across the country, helping more than 28,000 Veterans and their family members in the first 10 months of program operations.
Piling on debt “can’t go on forever.” Germany will stop backing Eurozone monetary expansion. Th Fed will “get uneasy as well.”
While massive debt in the US has been in the world news and the failure of austerity measures to stabilize the Euro have been continually reported, Japan has gone under.
Today, Fitch lowered japanse foreign currency rating to near junk bond status. Japan had previously fallen to AA and is now down to “A,” a level unacceptable to a nation that most still consider a world “super-economy.”
There is a theory known as the Theory of Cognitive Dissonance, which holds that the mind involuntarily rejects information not in line with previous thoughts and/or actions.
Major Wall Street banks occupy and control Washington. They recycle their officials in and out, make policy, and enforce it with money power supremacy for virtually everything they want.
Live and learn! After 75 years of reading ‘history’ I just now learned important details sent to me by my longtime anarchist buddy.
There is so much information on the Internet, I’m ashamed to admit I missed it back on June 30, when I posted my column about a good video documentary people should watch.
People believe that 1865 marked the ending of slavery in America, and they are wrong.
The debate about the debt ceiling should have been a conversation about how to create jobs. It is time for progressives to remind the government that it has a legal duty to create jobs, and must act immediately
With the United States mired in seeming never ending warfare in the Middle East and Central Asia, and with America’s real national security imperiled by a gigantic and ever growing debt, a number of politicians, even in the hawkish Republican Party, are following their constituents and advocating the diminution of America’s imperial presence.
I have been as confused as Mrs Banana when it comes to following up on the great news extracted from a long, but outstanding, video presentation put out by a citizen’s commission on Debt-O-cracy ; featured by this column on June 23.
Bipartisan lying manipulated popular sentiment to believe what political Washington won’t tolerate – defaulting or not raising the debt ceiling.
Bring the Army home and close the friggin’ borders totally, “shoot to kill” totally.
Freeze all assets held by Federal Reserve banks. If any (almost all) those banks are found to be foreign owned, declare all relationships with them to be inconsistent with our constitution. America will no longer pay banks, particularly foreign owned, to profit on our debt, sell us our own money and do so in direct violation of our laws.