It appears that foreigners are no longer lining up to buy U.S. government debt. As reported in the article below, the Federal Reserve is now buying around 80% of the debt issued by the U.S. government to fill its $1.4 Trillion record annual budget deficit. This is a disturbing development and confirms that [...]
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Chris Martinson has put together an excellent series of videos explaining how the Federal Reserve works, how money is created, inflation, government debt, bubbles, peak oil, precious metals and how to prepare for the coming storm. If you haven’t seen this yet, it is recommended reading for anyone who wants to better understand how [...] |
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Wall Street's Bailout Hustle - Rolling Stone
Goldman Sachs and other big banks aren’t just pocketing the trillions we gave them to rescue the economy – they’re re-creating the conditions for another [...]