by Tyler Durden Authored by Jeff Deist via The Mises Institute, Do central bankers really think negative interest rates are rational? “Calculation Error,” which Bloomberg terminals sometimes display, is an apt metaphor for the current state of […]
By Greg Hunter’s USAWatchdog.com Financial writer and precious metals expert Craig Hemke says nobody should be comfortable with unpayable global debt that has piled up since the 2008 financial meltdown. A debt reset is locked in, […]
By Michael Snyder Throughout human history, those in the ruling class have found various ways to force those under them to work for their economic benefit. But in our day and age, we are willingly […]
When will America finally wake up? The borrower is the servant of the lender, and we now have a colossal 20 trillion dollar chain around our collective ankles. We have willingly enslaved ourselves, our children […]
By Michael Snyder The borrower is the servant of the lender, and through the mechanism of government debt virtually the entire planet has become the servants of the global money changers. Politicians love to borrow […]
Posted on 15th February 2016 by Administrator in Economy It is now self-evident to any sentient being (excludes CNBC shills, Wall Street shyster economists, and Keynesian loving politicians) the mountainous level of unpayable global debt […]
By Michael Snyder Get ready for another major worldwide credit crunch. Today, the entire global financial system resembles a colossal spiral of debt. Just about all economic activity involves the flow of credit in some […]
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