Shadow Banking Is Back, And This Time There Is No Hope
Consumer confidence continues to decline. Twitter will be laying off 8% of its workforce. Credit card deliquencies are on the rise. According to Case Shiller, home prices have it the highs of 2006. Shadow banking is back and this time it is...
IMF Announces That World Debt Has Hit A Staggering $152,000,000,000,000 (152 Trillion Dollars)
If anyone ever asks you how much debt there is in the world, now you will know the answer. According to the IMF, the total amount of debt around the globe has now hit a staggering 152 trillion dollars...
The economy has gone suicidal.
It is working against the very people who need its energy to survive. It is collapsing on its own weight, and the weight of literally incalculable levels of toxic debt. And it is going to create the greatest disaster of our time, if the warnings from the world’s...