National Debt
Peter Schiff Warns: "The Whole Economy Has Imploded... Collapse Is Coming"
Submitted by Tyler Durden on 12/07/2015 21:17 -0500"We’re broke. We’re basically living off of debt. We’ve had a huge transformation of the American economy. Look at all the Americans now on food stamps, on disability, on unemployment... The whole economy has imploded... the bottom hasn’t dropped out yet because we’re able to go deeper into debt. But the collapse is coming."
Gold Is Real Money That Protects The Wealth of Nations
Submitted by GoldCore on 12/02/2015 11:16 -0500“Do not believe in anything simply because you have heard it. Do not believe in anything simply because it is spoken and rumored by many. Do not believe in anything because it is found written in your religious books. Do not believe in anything merely on the authority of your teachers and elders.” - Buddha
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Seeking A Savior
Submitted by Tyler Durden on 11/30/2015 20:00 -0500It’s an unfortunate truth that, when people are worried about the future, they often put their faith in politicians to somehow make everything better. The hard truth, however, is that if we have a savior, he is the man in the mirror. If we are to be saved, we alone must do the research, make the plans, vote with our feet, and establish our own liberty.
Fourth Turning - Politicians Driving The World Towards War
Submitted by Tyler Durden on 11/29/2015 18:30 -0500- Belgium
- Ben Bernanke
- Ben Bernanke
- China
- Eastern Europe
- France
- Germany
- Glass Steagall
- Global Warming
- goldman sachs
- Goldman Sachs
- India
- Iran
- Israel
- Japan
- KIM
- Main Street
- Middle East
- National Debt
- Obamacare
- Poland
- ratings
- Real estate
- Reality
- Recession
- recovery
- Saudi Arabia
- SPY
- SWIFT
- TARP
- Turkey
- Ukraine
- Unemployment
- Washington D.C.
- White House
Americans today are blissfully distracted by their iGadgets, plotting out their holiday shopping strategies, leasing new cars, eating out, and buying advance tickets to the new Star Wars movie. They don’t see the wicked winter squalls ahead which will try their souls. We are experiencing the lull before the storms, but the storms are surely coming. The potential for catastrophe is high and burying our heads in the sand is not a strategy.
The Class War Has Already Started
Submitted by Tyler Durden on 11/14/2015 18:15 -0500Here's what's obvious, but unacceptable: we need a new system. Not a system modified with tiny tweaks and a feeding trough filled with borrowed money--an entirely new system designed from scratch to be sustainable and with opportunities to build capital for all.
Shocking, Little-Known Facts About Debt
Submitted by George Washington on 11/12/2015 11:42 -0500- Alan Greenspan
- Australia
- Belgium
- BIS
- Central Banks
- China
- default
- Federal Reserve
- Global Economy
- goldman sachs
- Goldman Sachs
- Great Depression
- Greece
- Iceland
- Illinois
- International Monetary Fund
- Ireland
- Japan
- Jim Rogers
- Main Street
- Martin Armstrong
- Medicare
- Monetary Policy
- National Debt
- national security
- None
- Prudential
- Quantitative Easing
- Recession
- recovery
- Sovereign Debt
Good Thing Debt Doesn't Matter! </sarc>
Spain's Black Swan In Muddied Waters As Court Ruling, Political Turmoil Threaten Catalan Secession Bid
Submitted by Tyler Durden on 11/12/2015 11:41 -0500Spain's Constitutional Court has ordered the suspension of Catalonia's independence bid and threatened to arrest its leader Artur Mas. Separately, Mas lost a bid for re-election as the same lawmakers who support his push for independence are unwilling to support him as President citing corruption.
"US Debt Is 3 Times More Than You Think" Warns Former Chief US Accountant
Submitted by Tyler Durden on 11/08/2015 15:45 -0500In a shocking admission for most of mainstream America, the former U.S. comptroller general says the real U.S. debt is closer to about $65 trillion than the oft-cited figure of $18 trillion, thanks to unfunded liabilities which simply cannot be ignored. As The Hill reports, unless economic growth accelerates, he warns, "you’re not going to be able to provide the kind of social safety net that we need in this country," adding unequivocially that Americans have "lost touch with reality" when it comes to spending.
What Janet Knows
Submitted by Tyler Durden on 11/07/2015 11:30 -0500The truth... will set you debt-serfs free.
Worlds Largest Debtor Ever Raises U.S. 'Debt Ceiling' ... Again
Submitted by GoldCore on 11/06/2015 11:28 -0500"The truth is, the debt ceiling doesn’t actually limit government spending. It’s a farce. Every time government debt gets close to the debt ceiling, Congress just raises it.”
The Most Devious Liars In The Room
Submitted by Tyler Durden on 11/05/2015 12:35 -0500- Barack Obama
- Book Value
- Debt Ceiling
- Fannie Mae
- Freddie Mac
- Global Warming
- Greece
- Gross Domestic Product
- Housing Bubble
- Housing Market
- Mark To Market
- Mel Watt
- National Debt
- Obama Administration
- Obamacare
- Reality
- Recession
- Subprime Mortgages
- TARP
- Testimony
- Treasury Department
- Volatility
- Washington D.C.
There were a few different stories coming out over the last few days that reveal the true nature of government and the apparatchiks who use disinformation, devious machinations, fraudulent accounting, and taxpayer money to cover up their criminality, lies, and the true state of the American economy. The use of government accounting tricks to obscure the truth about our dire financial straits is designed to keep the masses sedated and confused.
War, Big Government, & Lost Freedom
Submitted by Tyler Durden on 11/04/2015 20:00 -0500The lasting legacy of the First World War has been the rationales and implementations of paternalist Big Government in the Western world, with its diminished recognition and respect for individual liberty, free association, freedom of competitive trade and exchange, reduced civil liberties and weakened impartial rule of law. From this has followed the regulating and redistributing State, which includes political control and manipulation of the monetary and banking systems to serve those in governmental power and others who feed at the trough of governmental largess. It is a legacy that will likely take another century to completely overcome and reverse, if we are able to devise a strategy for restoring the idea and ideal of a society of liberty.
The Real Issues You Won't Hear From The 2016 Presidential Candidates This Election Year
Submitted by Tyler Durden on 11/03/2015 22:55 -0500These are not problems that can be glibly dismissed with a few well-chosen words, as most politicians are inclined to do. Nor will the 2016 elections do much to alter our present course towards a police state. Indeed, it is doubtful whether the popularity contest for the new occupant of the White House will significantly alter the day-to-day life of the average American greatly at all. Those life-changing decisions are made elsewhere, by nameless, unelected government officials who have turned bureaucracy into a full-time and profitable business.
'Lipstick'-ing The GDP Pig Amid An Epochal Global Deflationary Swoon
Submitted by Tyler Durden on 10/31/2015 11:15 -0500The talking heads were busy this week powdering the GDP pig. By averaging up the “disappointing” 1.5% gain for Q3 with the previous quarter they were able to pronounce that the economy is moving forward at an “encouraging” 2% clip. And once we get through this quarter’s big negative inventory adjustment, they insisted, we will be off to the ‘escape velocity’ races. Again. No we won’t! The global economy is in an epochal deflationary swoon and the US economy has already hit stall speed. It is only a matter of months before this long-in-the-tooth 75-month old business expansion will rollover into outright liquidation of excess inventories and hoarded labor. That is otherwise known as a recession.
The Debate: GOP Candidates Elevated, CNBC Eviscerated
Submitted by Tyler Durden on 10/29/2015 16:30 -0500On Wednesday morning a new national poll revealed that 54% of Americans rate the economy as 'poor', but instead of focusing oin that, Becky Quick quizzed Marco Rubio about his 'lack of bookkeeping skills,' Carl Quintanilla posed questions about homosexuality and fantasy football, and the astonishingly incompetent John Harwood expressed doubt about Donald Trump's 'moral authority.' The interaction between the candidates and the CNBC moderators revealed the yawning gap between the bubble world at the intersection of Washington and Wall Street and the hard scrabble reality of economic stagnation and political alienation on main street America.




