Search Results for: debt

Economic collapse is inevitable, here’s why…

recession

America is quickly approaching a catastrophic economic collapse. Before you dismiss this as hype or paranoia, take a few minutes to review the facts outlined on this page. The numbers don’t lie. At this point, the dollar crash is unavoidable… far from an exaggeration this is a mathematical certainty. As …

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Australian banks at risk

big four banks Australia

Despite yesterday’s blowout $6 billion or so profit from ANZ, it turns out all is not entirely well in Australia’s financial services industry. For the last five years, the pattern in the markets has been the same. A crisis starts at the margin, with a peripheral player, and then moves …

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Why should a limited company consider debt resolution?

debt resolution

If you are like most business owners, the chances are your may have accrued some company debt over the years. It’s more than easy to get behind on VAT installments, PAYE, or corporation tax to HMRC. It usually takes a few years for this arrears to catch up, but when …

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10 dire consequences of Obama’s re-election victory

obama

What does an Obama re-election mean for the next four years in America? Now that he’s in his second and last term, of course, Obama no longer needs to restrain his actions according to popularity. He can simply unleash any desirable executive order and rule by decree, bypassing Congress as he has frequently …

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Stock market expert: world’s biggest economic collapse is coming

Greg Mannarino Hang The Bankers interview economy stock market collapse financial crisis

Greg Mannarino sits down with Filip Karinja to discuss a wide range of topics including the global economy, US economy, central banks, the federal reserve, interest rates, politics, money, precious metals, gold, silver, what the elite are doing and much more… Gregory Mannarino is a stock market analyst, equity strategist, …

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8 reasons not to go to college

Student debt

You may already be wondering, “what parent in their right mind would not want their kids to go to college?” I half expect the Child Protective Services to beat down my door just for writing this. It was not that long ago that I myself would have shunned this article, and …

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Russian lawmaker seeks to ban US dollar, predicts 2017 collapse

Mikhail Degtyarev

To protect Russians against the “collapsing US debt pyramid”, a Russian legislator has filed a draft bill to ban circulation of the currency in Russia. Once a Moscow mayoral hopeful, Mikhail Degtyarev, 32, likens the US dollar to a worldwide ponzi scheme which he says is scheduled to end in …

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China, gold prices & US default threats

gold USA

24 karat gold bars are seen at the United States West Point Mint facility in West Point, New York June 5, 2013. In the very days when a deep split in the US Congress threatened a US government debt default, the gold price should normally jump through the roof, yet …

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China calls for world to ‘de-Americanise’

America

China’s official news agency has called for the creation of a “de-Americanised world”, saying the destinies of people should not be left in the hands of a hypocritical nation with a dysfunctional government. Heaping criticism and caustic ridicule on Washington, the Xinhua news agency called the US a civilian slayer, …

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House raises debt ceiling to avoid US default…for now

Debt ceiling

The House voted on legislation Wednesday that will raise the debt ceiling for three months and delay a US default. Even though this is just a short term fix, the Obama administration said it supports it. The legislation prevented a devastating default of US debt and payments next month and …

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Ron Paul: America has already gone over the fiscal cliff

Ron Paul

US President Barack Obama demanded from Congress immediate action to prevent America from falling of a so-called fiscal cliff, but Rep. Ron Paul (R-Texas) says it might be too late to keep the country afloat. Speaking with Bloomberg Television on Thursday, the lawmaker who ran against Pres. Obama during the …

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Chaos in Athens: Greece takes austerity protests to new level

Protest austerity Greece

Demonstrators and police clashed in Athens Wednesday, with tens of thousands gathering to protest in front of the Greek parliament. Demonstrators threw Molotov cocktails, while police used water cannons, tear gas and batons to disperse the crowd. A bus stop and kiosk were set on fire, according to RT correspondent …

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“Ten Days Later” – Bankia: The Supreme Irony

The May 19 issue of The Economist had the following truly prophetic ad among its pages for the now failed, and bailed out, Bankia: “Some are happy the way they are, others, like us, prefer to discover what we can become.” Ten days later the discovery process is complete: Bankia is now the …

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Greed and Debt: The True Story of Mitt Romney

Mitt Romney Bain Capital

How the GOP presidential candidate and his private equity firm staged an epic wealth grab, destroyed jobs – and stuck others with the bill. The great criticism of Mitt Romney, from both sides of the aisle, has always been that he doesn’t stand for anything. He’s a flip-flopper, they say, …

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8 signs the system is broken

Here are a few interesting tidbits to chew on: 1) In the land of the free, there are now more than 760 incarcerated inmates for every 100,000 citizens. This is more than 5x the 1980 average, and it far surpasses the number (560 per 100,000) that Stalin threw in the Gulag …

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Federal Reserve: $75 billion a month in bond purchases

Ben Bernanke

The Federal Reserve will decrease the amount of bonds purchased by the United States central bank, Chairman Ben Bernanke said Wednesday, by roughly $10 billion per month. Bernanke was about to make his last scheduled news conference as head of the Fed on Wednesday afternoon when the bank’s newest plan …

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Ignoring reality is going to wipe out the human race

war-is-peace-freedom-is-slavery-ignorance-is-strength

To inform people is hard slugging. Everything is lined up against the public being informed, or the policymakers for that matter. News is contaminated by its service to special interests and hidden agendas. Many scientists or their employers are dependent on federal money. Even psychologists and anthropologists were roped into …

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