Archive for the ‘Debt Management’ Category
Jim Rogers: ‘We’re Gonna See Some Incredible Bankruptcies!’
Tuesday, November 29th, 2011Why American’s Are Feeling Squeezed Financially – Great Depression 2.0
Wednesday, November 16th, 2011
The U.S Government calls the current economic situation “The Great Recession” and they are lying, the real situation is that U.S and the world is rapidly moving into “The Great Depression 2.0″. Don’t listen to the lies of the mainstream media that is telling you how the economic situation is getting better, when behind the scenes the fundamentals are falling apart.
Recession Coming In 2012 According To Gary Schilling – Author of “The Age of Deleveraging”
Thursday, November 10th, 2011
According to Gary Schilling the U.S economy has sputtered along and is now pretty much stalling. The housing market is going now where as well as the job market. People with no jobs means more people are cutting back their spending, hence when all this comes to roost the recession is here.
So far, the data presented to you by Wall Street and the U.S Government statistics are backward looking and to some extent cooked to make the economy look better than it actually is.
Global Sovereign Debt Issuance Increase in 2010 And To Grow In 2011
Sunday, November 6th, 2011
Regardless of whether there is another Greek “saveâ€, preventing the actual default that still seems inevitable, the fact remains that adding debt to try and solve a debt crisis is a stupid approach when your interest costs already exceed your tax revenues (as is currently the case in Greece).
And it doesn’t stop there. There was roughly $4.5 trillion in new debt issued in 2010, three times the normal rate for mature economies.
Canadians Looking For Ways To Cut Spending
Friday, October 21st, 2011
It’s no surprise that Canadian’s are having a hard time getting by financially. Canadian’s are currently burden down by heavy debt (Canadian household debt hits 1.5 Trillion), bills and are really having a hard time getting by. That is why about 30% of people surveyed said that they are cutting back spending simply because they feel that their financial security right now is not sound.
Read the article, copy and paste link to your browser:
http://ca.finance.yahoo.com/news/Economical-turmoil-Canadians-capress-827274697.html;_ylt=Amtg7.AFOq9PaYk0HuEPizFyzJpG;_ylu=X3oDMTE4aWJpYWZuBHBvcwMzBHNlYwN5ZmlUb3BTdG9yaWVzBHNsawNlY29ub21pY2FsdHU-?x=0
Jim Rogers “The Next Global Recession Will Be Worse Than 2008″
Friday, September 23rd, 2011It is just a matter of time before every market will start to test the 2008-2009 lows. Right now all governments around the world is just delaying the evitable.
