Tag Archives: debt

The Poseidon Adventure (1972) – RELOADED!

The US debt market is officially in a bubble… and the Fed wants to spend $400 billion trying to make it bigger.  This will end the way all bubbles end: with a BANG. Only this time around the BANG will involve … Continue reading

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The Audacity of Global Economic Delusion

UBS is the world’s largest private wealth manager. It sent out a letter to clients at the weekend attempting to offer reassurances. “We fully understand that this incident has caused you concern. We too are very disappointed, and we assure … Continue reading

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Give me Liberty or Give me Debt

If nobody went into debt, there would be no money, but because companies go into debt to finance their production. They pay interest (capital costs) over these loans. And like any cost this must be calculated into the prices they … Continue reading

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Who is Mr. Global and why should we care?

Mr. Global prints money and then people take that paper and give him in essence what he needs to buy up and control the national resources. The population is dependent on his paper and then he controls all the real … Continue reading

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You Cannot Be Financially Serious!

“If you add up all the promises that have been made for spending obligations, including defense expenditures, and you subtract all the taxes that we expect to collect, the difference is $211 trillion. That’s the fiscal gap,” he says. “That’s … Continue reading

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The Truth About the Global Robbery is Leaking Out

A debate between CNBC anchors Jim Cramer and Simon Hobbs went out of control this morning amid the European bank rout. Click here to view…

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Why Africa is leaving Europe behind

There is an opportunity in this novel scenario: for Africa to assert itself on the global stage, and for European countries to take advantage of their historic footprint in Africa by stimulating commercial expansion to their south.   Click here … Continue reading

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How Black People in America Spend Money

Expenditures between 2007 and 2008 were statistically flat, so black consumers are now making purchases they have long delayed.  At the same time, they re-prioritizing their budgets, and spending more on things that add value to their homes and add … Continue reading

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The Disciples of Finance – Pt. 1

PBS NewsHour Correspondent Paul Solman explores the secretive inner workings of Goldman Sachs who claims to be doing God’s Work. Click here to view…

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Dominoes of disaster…

Never before in recorded history has there been such a high potential for numerous, global catastrophic events. Like dominoes lined up neatly on a rickety table, we seemed poised for disaster. Each domino represents a potential to begin a collapse … Continue reading

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