04
Jan
“Right now, without counting future unfunded liabilities like Social Security or Medicare, our national debt tops $12 trillion. There are roughly 100 million American households. That’s a national debt of roughly $120,000 per family.
“In order to keep the government functioning, Congress just increased the federal debt ceiling to $12.5 trillion. And the party isn’t over yet.
“In an [...]
Posted in Federal Reserve, Financial Crisis, Financial Management by: admin
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18
Jun
The founder of the Trends Research Institute, Gerald Celente, shared his thoughts on Obamas new initiative and the politicization of the Federal Reserve.
httpv://www.youtube.com/watch?v=Fl6NCPOMZ9I&feature=player_embedded
“They’re printing money out of thin air, but there’s no value behind it.”
Hold on to you saddles, folks… it’s going to get MUCH worse.
Technorati Tags: economic depression, federal reserve, financial depression, inflation, the Fed
Posted in Austrian School of Economics, Federal Reserve, Financial Crisis, Financial Management by: admin
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