Not being funny or anything… But never ever seen anything like the whole magnitude of issues arising from every direction against the USD right now. Every direction concerning the USD is under severe issues. Whether its Brics, US treasury, FX, …
by DesmondMilesDant I did the math when it was $109.208 left. It was somewhat April 28. But she can slow it down to half as well. So maybe under 36 days give or take. If she fills Tga could be Liq …
by Simon Black On Sunday afternoon, September 14, 2008, hundreds of employees of the financial giant Lehman Brothers walked into the bank’s headquarters at 745 Seventh Avenue in New York City to clear out their offices and desks. Lehman was …
by Michael You can call everyone for dinner, because our goose is cooked. We are so deep in debt that the only way we can keep the entire system from collapsing is to keep borrowing even more money. Perhaps you …
By Egon von Greyerz The current stock market crash has the potential to extend to a 30% fall in the next few weeks on the way to a 90% fall in coming years. That the Dark Years would be coming …
One of many cascading failures in business happening right now: “The toilet paper manufacturer Hakle has filed for insolvency proceedings under self-administration. The medium-sized company from Düsseldorf explains this primarily with the increased energy costs. Already at the beginning of …
by confoundedinterest17 According to Bloomberg, Chinese authorities told major lenders to China Evergrande Group not to expect interest payments due next week on bank loans, which takes the cash-strapped developer a step closer the nation’s largest modern-day restructurings, and guarantees that China’s “Lehman Moment” is …
Money manager Peter Schiff predicts, ““Americans are going to be impoverished on a national scale.” So, what is Schiff telling his clients to protect their wealth? Schiff says, “You’ve got to get money out of the U.S. dollar, out of …
by Simon Black In the year 1157, the Republic of Venice was in the midst of war and in desperate need of funds. It wasn’t the first time in history that a government needed to borrow money to fight a war. …
by Simon Black Last week, the head of a New York state pension fund found herself a new job. Vicki Fuller, the former head of New York’s $209 billion fund, now earns $275,000 per year working part time for a natural gas group …
via @OccupyWisdom : https://twitter.com/OccupyWisdom/status/1037128314358571009 https://twitter.com/OccupyWisdom/status/1037128320872325121 https://twitter.com/OccupyWisdom/status/1037128326601682947 https://twitter.com/OccupyWisdom/status/1037128336256974854
Do you believe the PENSION CRISIS is worse than we are being told? Pension funds, particularly in the United States have become insolvent, mainly due to theft from those in control of it. The claim has always been overpromising but …
by Chris Martenson Watching the world these days, I’m experiencing the same fury that rises up from my gut when the driver in the car ahead me is weaving drunkenly, endangering everyone on the road. Fury is a normal and …
by Jim Quinn I’m sure tackling these issues is next on Trump’s agenda. Sound of crickets. Fiscal disaster is baked into the cake. Only tough unpopular actions could save the country from this inevitable crisis. Therefore, no politician from either …
