Most Americans know that our nation is spending more than it is taking in (the deficit). Though many on the Left do not seem to understand (or care about) the consequences of out of control spending, most Americans do know that the nation has America has over $16.5 trillion in debt–or, nearly $53,000 of debt for every man, woman and child.
We investigate the black hole of debt sucking in our economies, jobs and wealth like strings of spaghetti past the economic event horizon. In the second half, Max Keiser talks to Ned Naylor-Leyland of Cheviot Asset Management about the fishy smoke signals blowing at the LBMA regarding silver contracts and about the debate between inflation, deflation, hyperinflation actually being a debate about the final denouement of paper currencies.
- Pravda Is The United States Prepared?: While Iraq Buys Back Currency Off The Streets & Retires It ~ The FED Is Smothering America In Newly Printed Funny Money!
- Congressional Petition Gains Steam: Obama Forgery Petition Reaches 38,000 Signatures For U.S. Congress To Immediately Investigate Obama’s Use Of Forged And Stolen IDs.
- Silver: Criminal History In The Making ~ With Silver Not Being Mined ~ Gold Is 5Xs More Abundant Above Ground Than Silver!
Let the banks go down says Olafur Grimsson at the World Economic Forum in Davos.
Iceland is a small country, under 1 million citizens with a very homogeneous culture, so perhaps its lessons are not broadly applicable.
Spain Government Plunders 90% Of The People’s Social Security Fund To Buy Its Own Debt
The Painting Is On The Wall ~ We Are Dealing With A Coup d e’tat.
They ‘Hope’ we will tire of the fight long before the authoritarians do; and when we bow ever lower to the unrelenting fist of those who know better than we, as a people we shall once again take some comfort in saying….