Posts Tagged: Bankruptcy

Homelessness Continues To Set New Records In Major Cities All Over The Nation

If the economy is doing just fine, then why is homelessness at levels not seen “since the Great Depression” in major cities all over the country?  If the U.S....

At This Current Pace, A Record-Shattering 2.4 Trillion Dollars Will Be Added To The National Debt This Year

Barack Obama is about to become the 20 trillion dollar man.  With less than two months to go in his second term, the U.S. national debt stands less than...

Corporations Are Defaulting On Their Debts Like It’s 2008 All Over Again

The Dow closed above 18,000 on Monday for the first time since July.  Isn’t that great news?  I truly wish that it was.  If the Dow actually reflected economic...

Financial Crisis 2016: High Yield Debt Tells Us That Just About EVERYTHING Is About To Collapse

Did you know that there are more than 1.8 trillion dollars worth of junk bonds outstanding in the United States alone?  With interest rates at record lows all over...

The Oil Crash Of 2016 Has The Big Banks Running Scared

Last time around it was subprime mortgages, but this time it is oil that is playing a starring role in a global financial crisis.  Since the start of 2015, 42...

The Fed Can Run, But It Can’t Hide

[photo caption/credit: Heavyweight Champ Joe Louis “You Can Run, But You Can’t Hide” (courtesy Google Images)] Before declaring bankruptcy in 2008, Lehman Brothers was the fourth-largest investment bank in...

A Hard Choice: Inflation Kills the Dollar; Deflation Kills the Government

[Photo caption/credits: Inflation or Deflation? (courtesy Google Images)] “timmy” is one of this blog’s regular readers.  He recently posted the following comment on one of my previous blog entries: “I’ve...

IMF Colonized Korea–Part II Evidence

[Photo caption/credit: South Korean Flag courtesy Google Images] I published Part I of this article (IMF Colonized Korea—Part 1 (the “Agreement”)) two weeks ago.  Here’s Part II–the “Evidence” supporting...

IMF Colonized Korea, Part I

I first wrote and published most the following article in A.D. 1998.  It’s too long to be presented as a single article in this forum, so I’ve divided it...

Those who live by Fractional Reserve Banking . . . .

[Image caption/credit: Sovereign Debt Crisis (courtesy Google Images) This article is conjectural.  The conjecture flows from the idea that a monetary system that’s based on debt (mere promises to...

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