Tag Archives : loans


The World’s Largest Subprime Debtor: The US Government

Source: https://mises.org By David Howden   The World’s Largest Subprime Debtor: The US Government   Lehman Brothers filed for Chapter 11 bankruptcy protection six years ago this month. The event has become famous as the spark that ignited the global financial crisis. Since that date, millions have lost their jobs and livelihoods, and countless others […]

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Potent Propaganda: The College Debt Bubble Is Set to Explode (Micro Documentary)

  Source: http://www.shtfplan.com By Mac Slavo Potent Propaganda: The College Debt Bubble Is Set to Explode (Micro Documentary)     This month President Obama issued a directive that will penalize “for-profit” trade schools because students are amassing huge levels of debt they can’t pay off. According to the President and the Department of Education these […]


The Looting Of Ukraine Has Begun 1

  Source: http://www.paulcraigroberts.org By Dr. Paul Craig Roberts The Looting Of Ukraine Has Begun     According to a report in Kommersant-Ukraine, the finance ministry of Washington’s stooges in Kiev who are pretending to be a government has prepared an economic austerity plan that will cut Ukrainian pensions from $160 to $80 so that Western […]

This supporter of the Ukraine joining the EU has received her reward: a 50% cut in her pension.

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REVEALED: IMF, Ukraine & the Profitability of Manufactured Revolutions

  Source: http://www.occupycorporatism.com By Susanne Posel Occupy Corporatism REVEALED: IMF, Ukraine & the Profitability of Manufactured Revolutions     Whether the government of Ukraine asked for the International Monetary Fund (IMF) to assess their needs for money, or Christine Lagarde, acting director of the IMF simply felt it was a good sound investment, there are […]


Documents in JPMorgan settlement reveal how every large bank in U.S. has committed mortgage fraud

  Documents in JPMorgan settlement reveal how every large bank in U.S. has committed mortgage fraud     Published by TheRealNews Bill Black: Justice Dept.’s failure to understand pervasive schemes of fraud in financial industry obstructs meaningful prosecution of banks  

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Too Big To Fail Is Now Bigger Than Ever Before

  Source: http://theeconomiccollapseblog.com By Michael Snyder Too Big To Fail Is Now Bigger Than Ever Before   The too big to fail banks are now much, much larger than they were the last time they caused so much trouble.  The six largest banks in the United States have gotten 37 percent larger over the past […]


Student Loans Now Have the Highest Delinquency Rate Among All Major Consumer Credit Asset Classes

Source: http://www.economicpolicyjournal.com Posted by Robert Wenzel Student Loans Now Have the Highest Delinquency Rate Among All Major Consumer Credit Asset Classes   File under: Getting kids hooked on debt and irresponsible, early in life. There is about 1.2 trillion dollars worth of student loans outstanding with all but 15% of that owned or guaranteed by […]

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The Most Important Number In The Entire U.S. Economy

Source: http://theeconomiccollapseblog.com By Michael Snyder The Most Important Number In The Entire U.S. Economy   There is one vitally important number that everyone needs to be watching right now, and it doesn’t have anything to do with unemployment, inflation or housing.  If this number gets too high, it will collapse the entire U.S. financial system.  […]


Detroit bankruptcy: Is it a warning sign of things to come?

Source: http://www.cbc.ca By Don Pittis, CBC News Detroit bankruptcy: Is it a warning sign of things to come? Detroit’s financial meltdown has lessons for Canada and the rest of the global economy, Don Pittis writes     What if Detroit isn’t a blip? What if, instead, the city’s decision to enter bankruptcy proceedings is a […]

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41 IMF Bailouts And Counting – How Long Before The Entire System Collapses?

Source: http://theeconomiccollapseblog.com By Michael Snyder 41 IMF Bailouts And Counting – How Long Before The Entire System Collapses?   Broke nations are bailing out other broke nations with borrowed money.  Round and round we go – where we stop nobody knows.  As of April, 41 different countries had active financial “arrangements” with the IMF.  Sometimes […]