This is a very easy to read explanation of the true reality for not just Americans but also happening throughout all western economies. The fact the world now is 40% more in debt than it was before the last bust in 2007/08 tells us that Wall St Investment Banks should have been allowed to go bust then when the debt was smaller. Now we just wait until a bigger bust.
This is a very easy to read explanation of the true reality for not just Americans but also happening throughout all western economies. The fact the world now is 40% more in debt than it was before the last bust in 2007/08 tells us that Wall St Investment Banks should have been allowed to go bust then when the debt was smaller. Now we just wait until a bigger bust.
Very descriptive article on banking and if you believe Robert Prechter among others that deflation is already occurring in various parts of the US economy and in various countries around the world then we may see the failure of the world financial system regardless of how much fake unbacked fiat money is printed. It's all now just a matter of time as to what will trigger the cascade of defaults and evident finance market collapse. No way out then without restructure of the entire system and people will be the losers not the fat cats who created this expansionist fractional banking system all so some elites could hold office and defer payment on their promises well into the future. Sorry no free lunches.
Excellent article. Sadly these blood sucker investment banks have all the lobbying power and manipulate the government at every turn.It is long overdue that they were sent broke before they send the rest of us broke. Alas, its these parasites with zero ethics that get whatever they ask for with future taxpayers footing the bill. Alas all this has been said before and yet the status quo rip off investment banks continue to rip off.
Oh we are headed for a great big financial collapse alright. Socionomics tells us that the optimists voice loudest at the peak just before the bubble is burst. Which bubble will triiger the next collapse? Could it be the energy sector? Was it 18% of derivatives had found homes invested in that sector and will these derivatives be able to return the interest rates (was it 5%?)
as promised in a world with oil at US$50 per barrel? Or will the cataylst for the next collapse be in some other sector of the econmy? Any suggestions ?
Latest Comments
Riddle Me This: The Difference Between Headlines And Reality
This is a very easy to read explanation of the true reality for not just Americans but also happening throughout all western economies. The fact the world now is 40% more in debt than it was before the last bust in 2007/08 tells us that Wall St Investment Banks should have been allowed to go bust then when the debt was smaller. Now we just wait until a bigger bust.
Riddle Me This: The Difference Between Headlines And Reality
This is a very easy to read explanation of the true reality for not just Americans but also happening throughout all western economies. The fact the world now is 40% more in debt than it was before the last bust in 2007/08 tells us that Wall St Investment Banks should have been allowed to go bust then when the debt was smaller. Now we just wait until a bigger bust.
Unsound Banking: Why Most Of The World's Banks Are Headed For Collapse
Very descriptive article on banking and if you believe Robert Prechter among others that deflation is already occurring in various parts of the US economy and in various countries around the world then we may see the failure of the world financial system regardless of how much fake unbacked fiat money is printed. It's all now just a matter of time as to what will trigger the cascade of defaults and evident finance market collapse. No way out then without restructure of the entire system and people will be the losers not the fat cats who created this expansionist fractional banking system all so some elites could hold office and defer payment on their promises well into the future. Sorry no free lunches.
Swimming With The Sharks: Goldman Sachs, School Districts, And Capital Appreciation Bonds
Excellent article. Sadly these blood sucker investment banks have all the lobbying power and manipulate the government at every turn.It is long overdue that they were sent broke before they send the rest of us broke. Alas, its these parasites with zero ethics that get whatever they ask for with future taxpayers footing the bill. Alas all this has been said before and yet the status quo rip off investment banks continue to rip off.
As We Enter 2015, Charts "Bulls" Should Consider
Oh we are headed for a great big financial collapse alright. Socionomics tells us that the optimists voice loudest at the peak just before the bubble is burst. Which bubble will triiger the next collapse? Could it be the energy sector? Was it 18% of derivatives had found homes invested in that sector and will these derivatives be able to return the interest rates (was it 5%?) as promised in a world with oil at US$50 per barrel? Or will the cataylst for the next collapse be in some other sector of the econmy? Any suggestions ?