Posts Tagged ‘Debt’

  • Why You Shouldn’t Count on the Republican Tax Bill

    20.11.2017 • United StatesComments Off on Why You Shouldn’t Count on the Republican Tax Bill

    That is the real meaning of the Republican’s tax reform: It prunes off a branch here and there so that favored groups can enjoy the sunlight. It shakes the leaves… but the shadow of the Deep State is darker than ever.

  • Tax Cuts for the Rich… Hallelujah!

    17.11.2017 • United StatesComments Off on Tax Cuts for the Rich… Hallelujah!

    BALTIMORE – Have we been too cynical?Yesterday, the House passed its big tax-cut bill. The Dow popped up 187 points on the news. A reporter asked us later: “Will the Dow go to 40,000?”Assuming a tax bill comes through the Senate and out of committee in

  • Europe Uses “Economic Steroids” to Get Ahead of the US

    17.11.2017 • AustraliaComments Off on Europe Uses “Economic Steroids” to Get Ahead of the US

    How did Europe manage to out-flex the US? With natural growth? Heck no. The European Central Bank kept pumping the economic steroids - negative interest rates and money printing - for longer than the US. Europe may well puff out its chest, but all it's done

  • The World’s Major Economies Have Been Padding the Markets

    01.11.2017 • United StatesComments Off on The World’s Major Economies Have Been Padding the Markets

    The coast is clear for a blow-out spree of money printing, borrowing, spending, and debt. The world’s major economies are ready – with Shinzō Abe re-elected in Japan… Europe still under the spell of Mario Draghi… Donald Trump ready to do the Deep

  • JP Morgan Scandal Exposes Multi-Billion Dollar Fraud

    10.10.2017 • United KingdomComments Off on JP Morgan Scandal Exposes Multi-Billion Dollar Fraud

    JP Morgan found a surprising way of reducing the enormous fines it was struck with back in 2012 and 2013. Most of the fines had to be paid in debt forgiveness to customers instead of cash to the government. The problem is, JP Morgan forgave debt that was no

  • Don’t Let Your Financial Advisers Buy These…

    28.09.2017 • FranceComments Off on Don’t Let Your Financial Advisers Buy These…

    To buy 100-year bonds, you have to be both incompetent and irresponsible. Incompetent not to foresee the turnaround of rates and irresponsible because these buyers aren't risking their own money. No sound-minded biped would put his retirement savings into a

  • You Are Destined to Suffocate Under Debt

    27.09.2017 • FranceComments Off on You Are Destined to Suffocate Under Debt

    When the biggest buyer becomes the biggest seller, a market turnaround is to be expected. Except that the Fed will not let such a turnaround occur and will turn on board immediately. More debt and more fake money will spill over in the United States, Europe,

  • Why You Should Buy Gold Now Before the Price Skyrockets

    27.09.2017 • United StatesComments Off on Why You Should Buy Gold Now Before the Price Skyrockets

    Higher inflation - the only way to keep America from going broke. Unfortunately, it will also make your money worth less. Now is a perfect time to buy some gold.

  • France to Invest €1,000 per Inhabitant

    27.09.2017 • FranceComments Off on France to Invest €1,000 per Inhabitant

    Once again, the French government proudly announced a plan to invest € 57 billion over five years... just like the plans they've been announcing since 1974. Despite debt piling up, French wages and employment haven't budged.

  • Time to Jump Off This Runaway Money Train.

    20.09.2017 • United StatesComments Off on Time to Jump Off This Runaway Money Train.

    Over the next 10 years, the U.S. government is on course to spend $10 trillion it doesn’t have. It has also committed to a further $80 trillion in entitlements for which it has no known source. Only growth can save it.

  • We’re Only A Fraction of a Point from a Crash Alert

    15.09.2017 • United StatesComments Off on We’re Only A Fraction of a Point from a Crash Alert

    The Doom Index is still at a reading of 7 – our “extreme warning” level – as we enter the final month of the third quarter.

  • Sad! Republican Party Fractures

    14.09.2017 • United StatesComments Off on Sad! Republican Party Fractures

    No genuine tax reform. No repeal and replace of O’care.And now, with the debt ceiling out of the way, there will be no halt to the Debt Bomb Express… running wide open and bound for Hell.

  • Two Competitors Are Vying For the Global Currency Throne

    13.09.2017 • FranceComments Off on Two Competitors Are Vying For the Global Currency Throne

    Nowadays, central bank-controlled fiat currencies have two main competitors: gold and cryptocurrencies, like Bitcoin. These are two assets that can not be infinitely multiplied. How are central banks reacting?

  • You Might Be Paying for the State to Fail

    12.09.2017 • SwitzerlandComments Off on You Might Be Paying for the State to Fail

    Progress is usually made by trial and error... but sometimes these trials can last generations. The key is to recognize failure quickly, and try something different. The French government is starting and subsidizing failing trials that could last multiple

  • The Trump Party Could Be the “Third Way”

    12.09.2017 • United StatesComments Off on The Trump Party Could Be the “Third Way”

    He’s put his brand on wine, ties, steaks, hotels, casinos, a university, an airline… Why not a political party? Emmanuel Macron did it in France. Juan Perón did it in Argentina. Hugo Chávez did it in Venezuela. Adol… oh, never mind.

  • We’ve Been Taking Growth Hormones Without Knowing!

    11.09.2017 • AustraliaComments Off on We’ve Been Taking Growth Hormones Without Knowing!

    China has taken this GDP growth obsession to another level. The government directive is ‘We will achieve 6.7% growth each and every year’. And, miraculously, that’s the number they produce…within days of the quarter ending. Fake news?

  • Conservatives’ Last Ditch Weapon

    11.09.2017 • United StatesComments Off on Conservatives’ Last Ditch Weapon

    Year after year, spending increases. Most of it is more or less automatic – driven by aging Americans retiring at the rate of 10,000 per day. Each one costs the government $35,000 a year. Over the next 10 years, spending is scheduled to outstrip tax

  • This Government Definition of “Employment” Is Laughable

    08.09.2017 • AustraliaComments Off on This Government Definition of “Employment” Is Laughable

    Work at least one hour per week for cash or — wait for it — in kind, and you, my friend, are employed. Congratulations; you’re now officially a bread winner…provided the baker will accept ‘in kind’ payment.

  • Trump Just Made a Deal with the Devil

    08.09.2017 • United StatesComments Off on Trump Just Made a Deal with the Devil

    In addition to colluding with liberal Democrats to continue the spending spree with no discussion or amendment, Mr. Trump has made a devil’s deal with the deepest of Deep State Dems on Capitol Hill to crash the whole debt ceiling limit.

  • Debt Ceiling About to Rise Higher

    06.09.2017 • United StatesComments Off on Debt Ceiling About to Rise Higher

    Since the bottom of the 2008 financial crisis, federal debt has increased five times faster than the economy that supports it. And stock prices have been going up 10 times as fast. There is no way the Deep State would ever allow its credit to be cut off.

  • ABC: For Every Dollar Earned, Australians Have Two in Debt

    25.08.2017 • AustraliaComments Off on ABC: For Every Dollar Earned, Australians Have Two in Debt

    Stability creates instability as people take on more risk, believing trends will continue. That's a dangerous assumption...especially with a bank's money.

  • Donald Trump: “We should leave Afghanistan immediately.”

    22.08.2017 • United StatesComments Off on Donald Trump: “We should leave Afghanistan immediately.”

    Yesterday, under pressure from the generals, Donald Trump abandoned the promise of an “America First” foreign policy. And now, even more resources will be brought to bear so that the longest, most pointless war in U.S. history can continue. Trump himself

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    Rising Debt Forecasts Another Collapse

    21.08.2017 • FranceComments Off on Rising Debt Forecasts Another Collapse

    The 2008 crisis erupted due to over-indebtedness of US households. 10 years later, public debt AND private debt have returned to unsustainable levels, and wealth creation can't keep up. There's one big difference: the States can't bailout the economy with

  • A 37-Year Debt Buildup Is About to Crush the Market

    18.08.2017 • AustraliaComments Off on A 37-Year Debt Buildup Is About to Crush the Market

    All that’s happened since 2008 has been an accelerated pursuit of the policies that caused the crisis in the first place, lulling people into a false sense of security.