Wayne Jett: One Fed Two Debts — US Owes Fed and the Fed Owes Us — GOOD NEWS AMERICA!

ONE FED – TWO DEBTS U. S. Owes Fed. Fed Owes Us! Most Americans think of the Federal Reserve – if at all – as owning much of the debt owed by the federal government, managing interest rates and setting monetary policy. As recently detailed here, the Fed actually owes much more debt than it …

Wayne Jetts: Federal Reserve is America’s Largest Debtor – President Donald Trump Should Hold Them Accountable (Nationize the Fed but Do NOT Nationalize their Debt)

AMERICA’S LARGEST DEBTOR: THE FED Do NOT Nationalize FED Debts! Finally, after more than a century, Americans have installed a truly reform (some say revolutionary) administration in Washington to restore constitutional government. Urgently needed reforms include return to equal justice under law with full respect for the Bill of Rights, and return to sound money. …

Zero Hedge: American Farm Debt Reaches 1980’s Crisis Levels — Ag Suicides Twice Vet Suicides — If Farms Go Down Guns Go Up…

American Farm Debt Reaches 1980s Crisis Levels: Agriculture Secretary Alert Reader says: Just an up-date from Zero Hedge. add to that the suicide rate of farmers is double that of veterans, and the average age of a farmer is 63. My opinion, when the farms go down – the guns will come up. As I …

Berto Jongman: Known Debt Just Doubled — BIS Discovers $14 Trillion in Offshore Debt Hidden in Bank Statement Footnotes

BIS discovers $14 trillion of dollar debt offshore, hidden in ‘footnotes’  The world’s top financial watchdog has uncovered $14 trillion of global dollar debt hidden in derivatives and swap contracts, a startling sum that doubles the underlying levels of offshore dollar credit in the international system. The scale of this lending greatly increases the risk …

CounterPunch: Michael Hudson and Steve Keen on US Debt = Zombie Nation

The Economics of the Future At first glance Steve Keen’s new book Can We Avoid Another Financial Crisis? seems too small-sized at 147 pages. But like a well-made atom-bomb, it is compactly designed for maximum reverberation to blow up its intended target. Explaining why today’s debt residue has turned the United States, Britain and southern …

ZeroHedge: Michael Snyder on Global Debt Bomb

$21,714 For Every Man, Woman And Child In The World – This Global Debt Bomb Is Ready To Explode According to the International Monetary Fund, global debt has grown to a staggering grand total of 152 trillion dollars. We are living during the greatest debt bubble in the history of the world, and our financial …

ZeroHedge: David Stockman: “Trump Will Create A Debt Crisis Like Never Before”

Stockman: “Trump Will Create A Debt Crisis Like Never Before” Having warned that “everything will grind to a halt on March 5th” due to the under-appreciated debt-ceiling debacle that looms over Washington, and exclaiming that “what is going on today is complete insanity,” former Reagan Budget Director David Stockman is rapidly losing faith that anything …

Sepp Hasslberger: A Super Economy without Money — and Michael Hudson on Need for Debt Jubilee

Universal Economics (UnEc) is a non-money alternative economics system which combines the efficiency of a market economy with a strong philosophy of social responsibility. It was first visualized in 1947 by philosopher Addison Brown, in a rudimentary form, as “Prior Choice Economics.” But the technology for implementation did not exist at that time. Now it …

Amazon Kindle: DEPLORABLES RISING! Trump Can Win with a Debt Jubilee and Electoral Reform (Trump Revolution Book 03)

Billy Bush provided the decade-old illicit audio of Donald Trump to the Bush Crime Family, and they provided it to the Clinton Crime Family. There will be more such revelations as the cabal makes its final push to destroy the one serious challenger to the reptilian cabal led by the Rothschilds and controlling both the …

Sepp Hasslberger: Debt Jubillee Needed

Debt levels are unsustainable. Economic recovery isn’t happening. Money is “too expensive”, draining the economy of a substantial part of its production. We seem to have some first voices appearing here that advocate cancellation of the burden which that debt puts on the whole economy… the idea is that of a debt jubilee – forgiveness …