The US national debt has broken all the records in American, 41% of the national debt of the US has accrued during this administration… Cost of big biz not paying taxes, rich offshore tax havens, bailouts of Wall St…

The US national debt has broken all the records in American.. – pic.twitter.com/9vihekfcQy

— 9GAG Tweets (@9GAGTweets) December 17, 2014

 

(CNSNews.com) – The total federal debt of the U.S. government has now increased more than $7 trillion during the slightly more than five and a half years Barack Obama has been president.

That is more than the debt increased under all U.S. presidents from George Washington through Bill Clinton combined, and it is […]

There Is Hope In Understanding That A Great Economic Collapse Is Coming

By Michael Snyder

If you were about to take a final exam, would you have more hope or more fear if you didn’t understand any of the questions and you had not prepared for the test at all?  I think that virtually all of us have had dreams where we show up for an exam that we have not studied for.  Those dreams can be pretty terrifying.  And of course if […]

We Are Witnessing A Spectacular Event Of How Incredibly Dense The Population Of Sheep Are.

by onpoint

 

Either we have some incredibly narrow reporting on the part of UK’s Mail Online, or we are witnessing a spectacular event of how incredibly dense the population of sheep are.

MOSCOW (AP) — Russian consumers flocked to the stores Wednesday, frantically buying a range of big-ticket items to pre-empt the price rises kicked off by the staggering fall in the value of the ruble in recent days.

Russia’s currency has been collapsing 15-20% in […]

Greece Might Be Hit With Cyprus Style Bail-Ins. Euro Crisis Getting Worse. Us Mortgage Applications Declined, A Sign That Real Estate Is Collapsing.

Greece might be hit with Cyprus style bail-ins. Euro crisis getting worse. US mortgage applications declined, a sign that real estate is collapsing. Obama signed the 1.1 trillion spending bill. Russia is opening an investigation into the central bank actions. Corporate media polls show that the America people support torture. Police will be scanning social media sites to predict crime. U.S. and Cuba are reestablishing diplomatic relations. U.S. advisers are […]

$2 Trillion High-yield Debt Market On The Verge Of Default, Goldman Sachs Says 1 Trillion In Investments Just Went Poof Due To The Collapse Of Oil, Debt Defaults Have Already Begun To Hit In The North American Shale Oil/gas Industry!

AND their analysis didn’t even touch on Shale Oil Projects in the U.S.A. (Because they have too much invested in that).

Enjoy your $2.00 gas while it lasts…

SNIP

In a stunning analysis this week, Goldman Sachs found almost $1 trillion in investments in future oil projects at risk. They looked at 400 of the world’s largest new oil and gas fields — excluding U.S. shale — and found projects representing $930 billion […]

“The market cap of the energy sector as a % of the market is back to levels seen last when oil was $20/b” – $CS

"The market cap of the energy sector as a % of the market is back to levels seen last when oil was $20/b" – $CS pic.twitter.com/wZAHaDxcAD

— $hane Obata (@sobata416) December 18, 2014

Russia Ruble collapse will impact trading partners: Belarus, Lithuania, Estonia, Latvia to suffer most (via Stratfor)

Russia Ruble collapse will impact trading partners: Belarus, Lithuania, Estonia, Latvia to suffer most (via Stratfor) pic.twitter.com/ZKNiJ6K9sp

— Holger Zschaepitz (@Schuldensuehner) December 18, 2014

Is Russia Being Driven Into the Arms of China?

by GoldCore

The “isolation of Russia” idea is one which has been receiving a lot of traction of late. Russia’s recent economic woes have sometimes been covered with barely contained glee despite the hardships that average Russians may have to endure if the rouble continues to collapse … not to mention the inevitable geo-political backlash.

Reuters image of the over 50% drop in the Rouble against the U.S. dollar

Russia has become isolated […]

“Amount of credit-default swaps tied to RadioShack is 28 times its debt…” Driving hedge funds to keep it alive!

RadioShack Corp. (RSH) is finding an unlikely ally in its efforts to stay out of bankruptcy: credit derivatives traders who amassed more than $25 billion of trades speculating how much longer it can keep paying its bills.

After a 60 percent surge this year, the amount of credit-default swaps tied to RadioShack is 28 times its debt, more than any other U.S. company. When the retailer’s biggest shareholder arranged $585 million […]

Obama makes Alaska’s Bristol Bay area off limits for oil drilling

Obama makes Alaska’s Bristol Bay area off limits for oil drilling
http://www.whitehouse.gov/blog/2014/1…
http://www.reuters.com/article/2014/1…

CUBAN DICTATOR CASTRO URGES PRESIDENT TO USE EXECUTIVE ACTION TO BYPASS CONGRESS ON EMBARGO

In Raul Castro’s speech, he reportedly urged Obama to use “executive action” to bypass Congressionally imposed sanctions on Cuba.

USA Today’s Gregory Korte reported the comments on Twitter:

.@gregorykorte Dictators gonna dictate

– Garrett (@garrettsd) December 17, 2014

http://www.breitbart.com/blog/2014/12/17/cuban-dictator-castro-urges-president-to-use-executive-action-to-bypass-congress-on-embargo/

Holy… U.S. Selling Missiles, Weapons To Poland-Poland Going to Sell Weapons To Ukraine

Holy… U.S. Selling Missiles, Weapons To Poland-Poland Going to Sell Weapons To Ukraine
http://www.the-american-interest.com/…

http://www.reuters.com/article/2014/1…

SNB Introduces First Negative Interest Rate Since 1970’s

Dec. 18 (Bloomberg) — The Swiss National Bank moved to a negative deposit rate for the first time since the 1970’s to alleviate pressure on the franc from Russia and the threat of further euro-zone stimulus. Bloomberg’s Hans Nichols reports on “The Pulse.”

EU membership is incompatible with Tory immigration caps. EU court ruling is more bad news for DavidCameron

EU membership is incompatible with Tory immigration caps. EU court ruling is more bad news for @David_Cameron pic.twitter.com/2zgXvJiI8j

— Bruno Waterfield (@BrunoBrussels) December 18, 2014

SAY WHAT!! Ancient pharaoh statue rises again in Egypt Exodus Part 2!

WATCHMANSREPORT:

BEFOREITSNEWS:

LINKS:http://bit.ly/1uVqqyR
http://www.washingtonpost.com/blogs/w…
http://www.abc.net.au/news/2014-12-15…
http://www.cnn.com/2014/12/15/travel/…

BREAKING! OBAMA SIGNS BILL FOR AID TO UKRAINE.PUTINS RESPONSE TO FOLLOW AS HE UNVEILS SECRET WEAPONS

WATCHMANSREPORT:

BEFOREITSNEWS:

LINKS:http://au.ibtimes.com/articles/576288…
http://rt.com/usa/215387-obama-bill-r…
http://money.cnn.com/2014/12/17/media…
http://www.telegraph.co.uk/news/pictu…
http://www.dallasnews.com/news/local-…