debt


Worse Than 2008   Recently updated !

By Bill Bonner Bonner & Partners February 12, 2016   Worse Than 2008     BALTMORE – “Stocks still not finding bottom” warned a headline at Investor’s Business Daily. Yesterday, the Dow ended down 255 points – or 1.6%. The index is down by almost 9% since the start of the year. “These developments, if […]

Worse Than 2008

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Venezuela Is Facing Runaway Financial Catastrophe

By Emily Skarbek Foundation for Economic Education February 12, 2016   Venezuela Is Facing Runaway Financial Catastrophe Debt, capital flight, food shortages, and hyperinflation take hold     Often, economists want to isolate questions of public debt and analyse these issues as if public choice considerations weren’t at play. Perhaps less studied are the ways in […]


Privatization Is the Atlanticist Strategy to Attack Russia

By Dr. Paul Craig Roberts and Michael Hudson Paul Craig Roberts.org February 9, 2016   Privatization Is the Atlanticist Strategy to Attack Russia   NOTE: Readers are asking to know who, in addition to the Western-financed NGOs, are the Fifth Columnists inside Russia. Michael Hudson and I left the description general as Atlanticist Integrationists and neoliberal […]

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Three Reasons to Be Worried About the Economy   Recently updated !

By Yonathan Amselem Mises.org February 8, 2016   Three Reasons to Be Worried About the Economy   On January 12, America’s central planner-in-chief gave his State of the Union address. The president promised nothing less than to feed the hungry, create jobs, shape the earth’s climate, and make everyone a college graduate. There’s nothing new here, […]


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The West Is Traveling The Road To Economic Ruin

By Dr. Paul Craig Roberts Paul Craig Roberts.org February 3, 2016   The West Is Traveling The Road To Economic Ruin   Michael Hudson is the best economist in the world. Indeed, I could almost say that he is the only economist in the world. Almost all of the rest are neoliberals, who are not […]


The West Is Reduced To Looting Itself ~ Paul Craig Roberts 1

By Dr. Paul Craig Roberts Paul Craig Roberts.org February 1, 2016   The West Is Reduced To Looting Itself   I, Michael Hudson, John Perkins, and a few others have reported the multi-pronged looting of peoples by Western economic institutions, principally the big New York Banks with the aid of the International Monetary Fund (IMF). […]

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A Run On The Banks Begins In Italy As Italian Banking Stocks Collapse

By Michael Snyder End Of The American Dream January 23, 2016 A Run On The Banks Begins In Italy As Italian Banking Stocks Collapse     The Italian financial meltdown that we have been waiting for has finally arrived. For quite a long time I have been warning my readers to watch Italy, and now […]

A Run On The Banks Begins In Italy As Italian Banking Stocks Collapse

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The Fed $97.7 Billion Transfer

By Paul-Martin Foss Carl Menger Center January 19, 2016   The Fed $97.7 Billion Transfer     The Federal Reserve last week announced that it transferred $97.7 billion of its estimated 2015 net income to the US Treasury department, a new record. There are undoubtedly some people out there who see this as a great […]


Why We’d Welcome a Depression

By Bill Bonner Bonner & Partners January 7, 2016   Why We’d Welcome a Depression     DUBLIN – Dow down 252 yesterday – or 1.5%. Chevron, Apple, and Goldman Sachs leading the retreat… The press blamed China, North Korea, oil, and “geopolitical concerns.” So far this year, the Dow has lost 3% of its value. […]

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What’s in Store for Our Freedoms in 2016? More of Everything We Don’t Want

By John W. Whitehead The Rutherford Institute December 30, 2015   What’s in Store for Our Freedoms in 2016? More of Everything We Don’t Want     “Those who cannot remember the past are condemned to repeat it.”—George Santayana, The Life of Reason, Vol. 1 In Harold Ramis’ classic 1993 comedy Groundhog Day, TV weatherman Phil Connors […]

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58 Facts About The U.S. Economy From 2015 That Are Almost Too Crazy To Believe

By Michael Snyder Economic Collapse Blog December 23, 2015   58 Facts About The U.S. Economy From 2015 That Are Almost Too Crazy To Believe     The world didn’t completely fall apart in 2015, but it is undeniable that an immense amount of damage was done to the U.S. economy.  This year the middle […]


Debt Collectors Can Sue You, But Court Might Not Let You Sue Debt Collector Back

By Chris Morran Consumerist December 23, 2015   Debt Collectors Can Sue You, But Court Might Not Let You Sue Debt Collector Back     A new report claims that a growing number of debt collectors are trying to exploit a legal loophole that allows them to bring potentially frivolous lawsuits against alleged debtors, but […]

(Image courtesy of Adam Fagen)