debt

China Cautions Against Devaluation

Hello America? Were you paying attention as you bought all that cheap garden equipment? China owns part of you. Saudi Arabia has scrambled for whatever's left. You, however, still get to speak English, for now. HINA IS TELLING THE US to be careful, not to overspend and keep an eye on the dollar. "There are risks that China cannot control, so they're depending on the U.S. to maintain fiscal prudence and keep the dollar reasonably stable to prevent devaluation." said Kelvin Lau, regional economist at Standard Chartered in Hong Kong. Analysts estimate China keeps nearly half of its $2 trillion...

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Worldwide Debt Forgiveness

HERE'S A BLOGGER out here in bloggerland named Allen Charles who doesn't claim to tout even a thimble full of glittering personal credentials, financial or otherwise. His blog seems to rise up out of nowhere with a thin infrastructure, but nonetheless this entity has aired several interesting ideas concerning a solution of this current financial meltdown that have also plagued me. Thinking in terms of the Year of Jubilee concept from the Torah, these ideas have something of a hint of LaRouchianism about them, but then Lyndon LaRouche was indeed right on the mark in predicting this crisis. The idea...


The Criminal Collapsing Of America

HE IS ABSOLUTELY ON THE MARK. We appear to be witnessing a coup. But by whom? Mop-up on aisle seven. Is it even possible to push back on the two dominant political parties? Is it too late? Have the mendacious Tri-lateral Commission globalists finally made their move to wrestle greater control of whatever resources that remain to them? Great speech by Congresswoman Marcy Kaptur, D-Ohio. As one wit put it, "The whole American banking system needs to be changed. American families need to save more and spend less and pool their resources together to achieve their goals. In that way,...


Stock Market Chimera In The Current Bull

an, can you spare some change? Considering the point that the market is more about emotions than true monetary policy, let's recall just a few of the most obvious factors... If the stock market was declining but you were getting nice wage increases wouldn’t you feel that the economy was better off? And the opposite is also true. The health of the stock market is a result of wages in America, not the cause of wages. The value of a company is supposed to increase over time if its profits increase over time. How do profits increase when consumers have...