Debt

MICHAEL PENTO – Historic Level of Debt – FED is Unable or Unwilling to Recover Economy

Michael Pento says the world economy is actually in worse shape than we have been led to believe. China and the other emerging market have historic level of debt. The US corporate debt is at historic levels. Corporate profit is based on being able to roll over debt at historically low interest rates. What happens …

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Will US Exponential Debt Bring SDR – Mike Maloney, David Morgan

Expontential Debt growth is happening now. The Doubling of Debt is happening more and more rapidly. Financialization of government means that the government is dependent on the stock market. The government will print money and pay back the debts with currency that is more and more worthless. Who pays this back? You and I end …

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