Economics

Bondholders “Bailed In” In Austria – EU Bondholders Today, U.S. Depositors Tomorrow?

Tuesday, March 3, 2015
By Paul Martin

By: GoldCore GoldSeek.com Tuesday, 3 March 2015 - Auditors find €7.6 billion hole in Austria’s “bad bank”, Heta Asset Resolution AG – Austria’s government says it will not give Heta “a single euro” – Emergency legislation passed last month means bondholders to be bailed in – Risk of contagion high as other banks may... »

Dr. Jim Willie Warns Of ‘Last Gasp In Horrendously Insolvent Situation’ And ‘Guaranteed Systemic Failure’

Tuesday, March 3, 2015
By Paul Martin

By Stefan Stanford AllNewsPipeline.com March 3, 2015 Dr. Jim Willie joins Elijah Johnson of FinanceAndLiberty.com in the brand new video below to talk about the sovereign debt crisis facing America, warning us that what we are now seeing from the ‘lying through their teeth’ Federal Reserve and global decision makers is a ‘last gasp... »

Global Debt Is MORE THAN TWICE AS BIG As the Entire World Economy … What Does It Mean?

Tuesday, March 3, 2015
By Paul Martin

WashingtonsBlog.com March 3, 2015 Global Debt Is Almost 3 Times As Big As the World Economy The Guardian reports that global debt has grown by $57 trillion dollars – to $199 trillion dollars – since the 2008 financial crisis. How much is that? It’s a big number … but what does it actually mean?... »

The Unnerving Thing Wells Fargo Just Said About the Auto Boom…”Now the spigot is getting turned off.”

Tuesday, March 3, 2015
By Paul Martin

by Wolf Richter WolfStreet.com March 2, 2015 American consumers are borrowing like never before to buy cars. It has been the reason why the US auto industry is intoxicated with its own exuberance. Last year, 16.5 million new vehicles were sold. This year, the industry hopes to breach the sound barrier of 17 million,... »

HOW’S THAT DEFLATION WORKING OUT FOR YOU?

Tuesday, March 3, 2015
By Paul Martin

James Quinn TheBurningPlatform.com 2nd March 2015 The BLS put out their monthly CPI lie last week. They issued the proclamation that inflation is dead. Did you know your costs are 0.1% lower than they were one year ago. They then used these deflation numbers to proclaim your real wages soared last month. It’s all... »

Richard Russell – The Shocking Secret Central Planners Are Hiding From The World

Tuesday, March 3, 2015
By Paul Martin

KingWorldNews.com March 03, 2015 As people continue to digest breaking news out of Greece and Ukraine, today the Godfather of newsletter writers, 90-year-old Richard Russell, discussed the shocking secret central planners are hiding from the world. Russell also spoke about how this will impact people across the globe. New Record Highs Richard Russell: “I... »

Stock Market Bubble: Wall Street Is Ecstatic As The NASDAQ Closes Above 5000

Monday, March 2, 2015
By Paul Martin

By Michael Snyder TheEconomicCollapseBlog.com March 2nd, 2015 Are we at the tail end of the stock market bubble to end all stock market bubbles? Wall Street was full of glee Monday when the Nasdaq closed above 5000 for the first time since the peak of the dotcom bubble in March 2000. And almost everyone... »

Retirement At The End Of A Rope

Monday, March 2, 2015
By Paul Martin

by Tyler Durden ZeroHedge.com 03/02/2015 “They were people with great dignity,” Ivo Costamagna said of his neighbors who committed suicide in 2013. Romeo Dionisi, 62, and Anna Maria Sopranzi, 68, hanged themselves after Ms. Sopranzi’s pension evaporated. “Romeo just wanted a job.” But no jobs were available in the dismal Italian economy. In what... »

Banks, Billionaires Rush to Prepare for “The Financial Death Spiral”

Monday, March 2, 2015
By Paul Martin

by ROBERT DOWD PrepperFortress.com MARCH 2, 2015 Civil unrest and martial law, interment and death in FEMA camps will quickly follow a financial collapse in the US. Naysayers tell us, “No, you’re crazy, the world is not coming to an end!” I agree that barring some crazy pushing the ‘nuclear button,’ the world is... »

Ukraine’s Parl’t Passes Law Temporarily Restricting Payments to Pensioners…(Who’s Next?!!)

Monday, March 2, 2015
By Paul Martin

SputnikNews.com 02.03.2015 Ukraine’s parliament adopted on Monday a law restricting the payment of pensions to working pensioners until 2016, a press release on Ukraine’s Verkhovna Rada website said. KIEV (Sputnik) — It also stipulates the cancellation of payment of special pensions for working members of parliament, judges and state employees. In compliance with the... »

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