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 [...]
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.
“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.
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Posted in Austrian School of Economics, Federal Reserve, Financial Crisis, Financial Management by: admin
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