Archive for debt
$1 Trillion Was Not Enough
The dizzy honeymoon created by the EU and IMF pledge yesterday to throw a trillion dollars at eurozone debt has faded as predicted. Investors realize »»
German Central Bank Admits that Credit is Created Out of Thin Air
Preface: Most people think that banks lend solely from their base of deposits.
Some also know that with fractional reserve banking, they can »»
A crisis of sovereignty as well as debt
The European Union is in need of a new economic strategy.
The veracity of that statement might seem indisputable, as various EU countries, led by Greece, »»
It Is Now Mathematically Impossible To Pay Off The U.S. National Debt
A lot of people are very upset about the rapidly increasing U.S. national debt these days and they are demanding a solution. What they don’t realize is »»
Marc Faber: The Next Crisis, Sovereign Debt
After every financial crisis there’s a sovereign debt crisis, Marc Faber says. Countries that borrowed too much during the boom times start struggling to pay »»
There Is NO Economic Recovery Happening
Look folks, this is really quite simple.
Economic Stability and Recovery = Credit Expansion.
We cannot recover until we purge the excess debt from the system, and »»
Dubai World Seeks to Delay Debt Payments as Default Risk Soars
Nov. 26 (Bloomberg) — Dubai World, with $59 billion of liabilities, is seeking to delay debt payments, sending contracts to protect the emirate against default »»
Marc Faber: U S will default on debt or enter hyperinflation
YouTube
Related Posts:
Marc Faber: The Next Crisis, Sovereign DebtAfter every financial crisis there’s a sovereign debt crisis, Marc Faber says. Countries that borrowed too much during the »»
