debt

Utah Man Dies in Prison for Unpaid Medical Debt

Utah Man Dies in Prison for Unpaid Medical Debt

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 […]

Saudi Arabia’s Secret Holdings of U.S. Debt Are Suddenly a Big Deal

Saudi Arabia’s Secret Holdings of U.S. Debt Are Suddenly a Big Deal

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 […]

Global Economic Growth Ended in 2000

Global Economic Growth Ended in 2000

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.

Japan’s Broke – Highest Debt Ratio of Any Industrialized Nation

Japan’s Broke – Highest Debt Ratio of Any Industrialized Nation

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.”

Time to Say a Resounding “No” to Government

Time to Say a Resounding “No” to Government

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.

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