Posts Tagged ‘ Bankruptcy ’

Bad Financial News Keeps Pouring In: 14 Facts That Just Might Scare The Living Daylights Out Of You

Bad Financial News Keeps Pouring In: 14 Facts That Just Might Scare The Living Daylights Out Of You

Will the bad financial news ever stop?  A lot of people in the financial world were hoping for a much better fourth quarter after an absolutely disastrous third quarter.  Well, if Monday was any indication, October could end up being a really rough month for global financial markets.  So much bad financial news keeps...
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How a $13 Trillion Cover Story was Written

Free money creation to bail out America’s elite financial speculators, but not for Social Security or Medicare Only the “Crazies” Get the Bank Giveaway Right Financial crashes were well understood for a hundred years after they became a normal financial phenomenon in the mid-19th century. Much like the buildup of plaque deposits in human veins and...
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How a $13 Trillion Cover Story was Written (part 2)

Continued from Part 1 The missed opportunity When Lehman Brothers filed for bankruptcy on September 15, 2008, the presidential campaign between Barack Obama and John McCain was peaking toward Election Day on November 4. Voters told pollsters that the economy was their main issue – their debts, soaring housing costs (“wealth creation” to real estate speculators...
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“We Are Doomed” – An On The Ground Report From Greece

“We Are Doomed” – An On The Ground Report From Greece

As things have been heating up in Greece over the last several months, one of our readers has been keeping us abreast as to the goings on and the general sentiment of the Greek people. While European leaders like to downplay the seriousness of what’s happening on the ground, it’s clear that Greece is...
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19 Reasons Why The Federal Reserve Is At The Heart Of Our Economic Problems

19 Reasons Why The Federal Reserve Is At The Heart Of Our Economic Problems

Most Americans do not understand what the Federal Reserve is or why it is at the heart of our economic problems.  When Americans get into discussions about the economy, most of them still blame either the Democrats or the Republicans for inflation, for the housing crash, for our rampant unemployment and for the national...
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