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 ever seen, and if all of a...
Tag - financial system
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...
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” and that...
Imagine that in February 1848 there already was a worldwide network of computers. Suppose that instead of printing the first few copies of the Communist...
Thank you Ben Bernanke for all the money printing. Thanks to a massive injection of cash into the financial system by the Federal Reserve and other central...
Hiding behind the complexities of our financial system, banks and other institutions are being accused of fraud and deception, with Goldman Sachs just the...
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...
WASHINGTON — US President Barack Obama defended his administration’s response to the economic crisis over the last six months, declaring: “The fire...