Obama, said that the last time he raised the debt ceiling that he will not need to do it again. However, the U.S Government now needs more money again.
Archive for the ‘Debt Management’ Category
Meet the Debt Ceiling Again!!! Oops The U.S Government Needs More Money
Saturday, February 4th, 2012Canada’s Economy Has Slowed – I Guess We Aren’t Immune To The Global Slowdown After All
Saturday, February 4th, 2012
Slowdowns were visible in sectors like wholesale trade, finance and insurance, and construction, however there was increased activity in manufacturing, retail, accommodation, food services, general professional services and real estate services. For the month of November 2011 though the GDP shrank by 0.1%.
Overall, there was no growth in October and the economy only grew 0.2% in November. I think that with record consumer debt levels we will probably see even more slowdowns in the coming months.
DEBT LIMIT – A GUIDE TO AMERICAN FEDERAL DEBT MADE EASY.
Sunday, January 29th, 2012
Now, if the average person in the world does what the American Federal Government is doing with debt, we will be in huge trouble. Oh wait…most of the people in Western world did just that and the world economy is already in trouble now.
If the Government can’t be prudent in managing their debt and setting a good example, then their citizens probably will be reckless as well. I remember watching a video of President Bush telling Americans to go and spend with their credit cards.
The Fed Controls The Money Suppy, Treasury Prints The Money
Tuesday, January 24th, 2012Good educational tutorial as to what exactly the Federal Exchange of the United States does. Contrary to popular beliefs they don’t print money, but does control when more money needs to be printed. The Fed gives the O.K to the U.S treasuries to start the printing press.
No matter how you slice it though, more money supply of the U.S dollars in the market will devalue it all the same. Soon the U.S dollar will not worth even the paper it is printed on.
Marc Faber – CNBC 8 Interview – 19 Jan 2012 – U.S Treasury/Bonds Should Be Rated “JUNK”
Thursday, January 19th, 2012
Unfortunately, the way American and European politicians do math is different than how everyone else does, because they can print more money. Will we be here 5 years from now or worse.
Watch the “RothChild” Documentary – They Control All Governments
Wednesday, January 18th, 2012After you watch this documentary was filmed back in the 1999, you will see that today’s events mirror the past and you know that they are engineering another depression and war. Hello PEOPLE wake up, they have been plotting the destruction of American and one world government over 30 years ago.
The Federal Reserve created by the RothChild’s financed world war I and they increased money supply (print money) and eventually caused the depression in the 1930’s. Then they financed world war II to profit from it.
Marc Faber Predictions for 2012. ‘They’re Gonna Print Money’ (Dec-2011)(FINANCE & ECONOMICS series)
Wednesday, January 18th, 2012
Marc Faber thinks that all governments, the U.S and Europe will keep printing money trying to fix the debt crisis and slumping economies with even more debt.
The crazy Keynesian notion that you can fix a debt problem by getting further into debt…that is nuts, but that is what the U.S and Europe is engaging in.
In 5 years time, the world might look very different. Marc Faber is ultra bearish and thinks people should be prepared to own gold, stable equities and avoid government bonds.
Robert Prechter on Goldseek Radio Jan. 28, 2011 – Depression Ahead
Tuesday, January 17th, 2012
Robert Prechter says “we are at the top end of a bear market bounce, and from here markets will go down and the U.S economy will be in a depression.”
He says stay out of equities, get into cash.
Peter Schiff Talks S & P Downgrades, U.S Dollar, Debt, Trade, the Fed
Sunday, January 15th, 2012
Dated: January 14, 2012
U.S statistics do not count a lot of off book debt like “student loans”, social security and State (eg. California) level debt. If these other debt were counted, which they should to paint a more accurate picture of the U.S economic situation.
Peter Schiff is right on the money here. The world is being tricked into believing that the United States of America is a sound investment because the government statistics being posted are skewed and manipulated.
