Tag Archives: financial meltdown

The Financial Multipliers of Globalism and Ross Perot’s Giant Sucking Sound

RossPerot

Fed Chairman Bernanke testified last week that “the situation in Europe poses significant risks to the U.S. financial system and economy”. This indicates the extent to which financial globalism has become a controlling factor in U.S. economic and financial prospects … Continue reading

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The Anatomy of a Financial Meltdown

the_morass_of_debt

The Euro debt situation continues to deteriorate and the U.S. is not far behind. All the distress that is now focused on government debt comes from excessive private indebtedness as developed world countries seek to support the private sector. This … Continue reading

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