Middle Class Erosion: 33 Million Americans Will Not Travel During The Holidays Because They Can’t Afford To Do So
We have repeatedly been told that the U.S. economy is “booming”, but meanwhile the middle class in the United States…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
Debt Forgiveness
[Image credit: (courtesy Google Images)] If asked why I write and publish articles, most people would probably guess that I…
Debt Forgiveness
[Image credit: (courtesy Google Images)] If asked why I write and publish articles, most people would probably guess that I…
The Bankruptcy Of The Planet Accelerates – 24 Nations Are Currently Facing A Debt Crisis
There has been so much attention on Greece in recent weeks, but the truth is that Greece represents only a…
Greeks Will Ultimately Reject Big Government and Communism; So Will We.
[Caption/Credit for above photo: Zorba the Debtor (courtesy Google Images)] Since the Syriza political party won control of Greece last January,…
Hospitals Are Blatantly Ripping Us Off
Most Americans are deathly afraid to go to the hospital these days – and it is because of the immense…
Looting for Dollars
A Russian analyst named Dmitry Kalinichenko recently penned a brilliant article entitled “Grandmaster Putin’s Golden Trap”. The original article was…
Running up Debt before Bankruptcy?
In the late 1990s, I met a Chinese businessman here at Dallas who knew his business would soon go bankrupt. …
What Can’t Be Paid, Won’t Be Paid—Not Even to Government Pension Funds
According to The New York Times article “In Ruling on California Town’s Bankruptcy, Judge Challenges Security of Pensions”: “A federal bankruptcy…
U.S. and UK to test big bank collapse in joint model run
Oct 10 (Reuters) – Regulators from the United States and the United Kingdom will get together in a war room…