Category Archives: Financial

Understanding Fiat Currency – Time to Get Ready

http://www.youtube.com/watch?v=NSC8J-_WkZ0 From YouTube: Despite every effort by governments, the gap between rich and poor continues to grow. It is now the biggest it has even been in history. All sorts of reasons for this have been proffered, but few, however, … Continue reading

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Austerity Measures, General Strike and Riots in Spain

httpv://www.youtube.com/watch?v=BOAU395mfJw From YouTube: Riot police took to the streets of Spain as protesters burned bins, vandalized shops and attacked officers during a one day nationwide general strike. Spaniards angry with having the eurozone’s highest unemployment rate refused to go to … Continue reading

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The Crash of 1929 & The Great Depression

httpv://www.youtube.com/watch?v=mRKGsLCowyg#!

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Financial Flowchart Via Banzai7

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Supernotes, Iran and Fiat Currency

See additional comments on Tea Party Nation. So Iran is now following in the footsteps of North Korea by counterfeiting American currency on a large scale. The North Korean operation was so successful that the United States had to completely … Continue reading

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Do You Think Obama Will Let This Become an Election Issue?

I cannot see president Obama allowing elections to be held if the conditions outlined in the article below are correct. I also have to ask what Congress is doing? Prancing around in a hoodie is not solving America’s financial issues. … Continue reading

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It’s Official – The Fed Is Now Buying European Government Bonds

As if the ‘risk-less’ dollar-swaps the Fed has extended to any and every major central bank were not enough, William Dudley just unashamedly admitted that the Fed now holds ‘a very small amount of European Sovereign Debt’. Explaining this position, as … Continue reading

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So what happens IF something does fail in the “Too Big To Fail” mindset of our economic experts?

As the banks go, so does the country. Even when a Communist is in charge of the United States, he must realize that the banks control our fate. A king cannot be king with no subjects and no president wants … Continue reading

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When Will Greece Leave the Eurozone?

Will Greece become the first country to abandon the Eurozone and return to the drachma? My money is on Spain or Italy. Greece’s debt is too small to be of concern compared to the giant collapses about to happen in … Continue reading

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Tungsten-Filled 1 Kilo Gold Bar Found In The UK

 The last time a story of Tungsten-filled gold appeared on the scene was just two years ago, and involved a 500  gram bar of gold full of tungsten, at the W.C. Heraeus foundry, the world’s largest metal refiner and fabricator. It … Continue reading

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We Are About to Reach the Tipping Point Where the Whole World Stops

httpv://www.youtube.com/watch?v=JcDc9nrmKtA Rep. Kelly’s statement concerning risk and contagion in Europe was the focus of this House Committee hearing. The status of the automotive industry from a car dealer’s perspective is enlightening: People are not buying cars because of the level of … Continue reading

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Tim Geithner and Ben Bernanke on Solutions: Who Should Pay

httpv://www.youtube.com/watch?v=3r08gn–THg The title of the hearing is the “US Response to the European Debt Crisis”. Rep. Peter Welch (D) asks whether cutting taxes on the rich and cutting federal subsidies on medical research/education will lead to growth and lower debt. 1. … Continue reading

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New One Family Homes For Sale in the United States

Two points concerning this graph from the Federal Reserve Bank of St. Louis: 1. At the current rate of decline, there will be zero units for sale before 2015. 2. The shaded areas indicate US recessions. Does this graph look … Continue reading

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End of The Road Trailer

In 2008 the world experienced one of the greatest financial turmoils in modern history. Markets around the world started crashing, stock prices plummeted, and major financial institutions, once thought to be invincible, started showing signs of collapse. Governments responded quickly, … Continue reading

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Rick Santelli on TARP

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