Economic News
Mar 11th, 2010 |
By Kevin Hayden |
Category: Economic News
Flights are grounded, ships are docked, public transport is paralysed and schools remain resolutely shut – normal life in Greece has ground to halt as public and private sector workers go on a second national strike in two weeks.
Tags: debt, economic news, Greece, Riots, Worker's Strike Posted in Economic News |
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Mar 11th, 2010 |
By Kevin Hayden |
Category: Economic News, Featured Articles
The collapse of currencies and nations won’t happen overnight, because their demise has been planned, and a subtle collapse is in process. Our guess is that next year is when the collapse will finally take place followed by one of the greatest deflationary depressions of all time. During the last 2-1/2 years all the toxic investments have been and will continue to be transferred from the Illuminist banks, brokerage houses, insurance companies and transnational conglomerates to the public. The Federal Reserve is the repository for this junk, which includes Treasuries and Agencies. That means the public foots the bill. Every government and bank in the world will be affected.
Tags: Federal Reserve & Bankers, financial collapse, gold, IMF, precious metals, Socioeconomic meltdown, US dollar, USDX Posted in Economic News, Featured Articles |
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Mar 10th, 2010 |
By Kevin Hayden |
Category: Economic News
The U.S. government ran its largest ever monthly budget deficit in February as the country’s fiscal year-to-date deficit ballooned more than 10% to a record of $651.60 billion. February marks the 17th consecutive month in which the U.S. has posted a budget deficit.
Tags: Budget Deficit, economic news, US Treasury Posted in Economic News |
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Mar 9th, 2010 |
By Kevin Hayden |
Category: Economic News
It is estimated that 98% of Americans have never held a gold coin in their hands. Yet 100% of Americans regularly handle Federal Reserve Notes. From a contrarian standpoint, the financial message from those two statistics is clear. Even so, gold is much more than money or an investment medium; it stands for liberty and throughout history has facilitated escape and ensured freedom.
Tags: economic news, Federal Reserve & Bankers, gold, precious metals, Wall Street Posted in Economic News |
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Mar 9th, 2010 |
By Kevin Hayden |
Category: Economic News
In an effort to end the foreclosure crisis, the Obama administration has been trying to keep defaulting owners in their homes. Now it will take a new approach: paying some of them to leave.
Tags: bankers, Home Foreclosure, Obama Posted in Economic News |
1 Comment »
Mar 3rd, 2010 |
By Kevin Hayden |
Category: Constitutional Issues, Economic News, Federal Reserve & Bankers
A 7 minute video that points out just how fragile our economy is when it’s based on a fiat dollar that can not be converted to any physical commodity or tangible good. We are crashing.
Tags: bankers, Ben Bernanke, Economic Meltdown, Federal Reserve & Bankers, Ron Paul, The Fall of the Dollar Posted in Constitutional Issues, Economic News, Federal Reserve & Bankers |
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Mar 2nd, 2010 |
By Kevin Hayden |
Category: Economic News, Featured Articles, Federal Reserve & Bankers
Stop trying to chase your lost equity. That money is gone. Millions of Americans are now deeply underwater on their mortgage. If you’re among them, you need to stop living in a dream world and give serious thought to walking away from the debt. The lenders would do the same to you—in a heartbeat.
Tags: *MUST READ*, bankers, debt, economic news, Financial Meltdown, Mortgage Posted in Economic News, Featured Articles, Federal Reserve & Bankers |
2 comments
Mar 1st, 2010 |
By Kevin Hayden |
Category: Economic News
Please note that these recommendations vary depending on your concerns and the market.
Tags: Bullion, Buying silver, gold, precious metals, Silver Posted in Economic News |
3 comments
Mar 1st, 2010 |
By Kevin Hayden |
Category: Economic News
Jamie Dimon, chairman of JP Morgan Chase, has warned American investors should be more worried about the risk of default of the state of California than of Greece’s current debt woes.
Tags: California, Collapse, debt, Greece, JP Morgan, Wall Street Posted in Economic News |
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Feb 26th, 2010 |
By Kevin Hayden |
Category: Economic News
The US is heading for a debt-driven “financial meltdown” within five to seven years, according to Judd Gregg, the outgoing Republican senator for New Hampshire.
Tags: China, debt, economic news, Financial Meltdown, Obama, Senator Judd Gregg Posted in Economic News |
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