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Archive for financial system

A Warning Sign For The World

Any financial system that is based on debt is doomed to fail.  Today, we are living in the greatest debt bubble that the world has »»

Global Financial Markets Smell Blood In The Water

Can you smell it?  There is blood in the water.  Global financial markets are in turmoil.  Banking stocks are getting slaughtered right now.  European bond »»

Too Big To Fail?: 10 Banks Own 77 Percent Of All U.S. Banking Assets

Back during the financial crisis of 2008, the American people were told that the largest banks in the United States were “too big to fail” »»

The Internet and the rebellion of men

Imagine that in February 1848 there already was a worldwide network of computers. Suppose that instead of printing the first few copies »»

“Serious” Inflation Is Coming

Thank you Ben Bernanke for all the money printing.  Thanks to a massive injection of cash into the financial system by the Federal »»

Now we know the truth. The financial meltdown wasn’t a mistake — it was a con

Hiding behind the complexities of our financial system, banks and other institutions are being accused of fraud and deception, with Goldman Sachs just »»

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 »»

Obama on US economic crisis: ‘The fire is now out’

WASHINGTON — US President Barack Obama defended his administration’s response to the economic crisis over the last six months, declaring: “The fire is now out.”

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