by Aegidius25 Here are some examples, I won’t go into long explanations but you can look up the details for yourself. During the Revolutionary War promissory notes that never got paid off were turned into fiat money by the general …
Core Scientific (CORZ), one of the largest bitcoin (BTC) miners by computing power, filed for bankruptcy protection on Wednesday and reached a deal with some of its lenders to restructure its debt. The company filed for Chapter 11 at Southern …
Sen. Elizabeth Warren (D-Mass.) is mad at Federal Reserve Chairman Jerome Powell after Powell announced that the Fed was going to raise interest rates another half a percent. “He’s pushing hard to get more people fired because he thinks that …
A banker recently told me that CEOs “would have to do something pretty special to fall into bankruptcy” the last couple of years as government pumped massive liquidity into the market, on top of the pandemic handouts. That’s now changing, …
by Dependent_Pumpkin997 Bank of England admits on its website that money is created from thin air as debt. Collectively all countries owe $200 Trillion. This does not include personal debts. The system is designed to keep everyone in perpetual debt slavery. https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/money-creation-in-the-modern-economy
by: JD Heyes (Natural News) Once again, the American taxpayer has been fleeced, this time in Ukraine. For months, the Biden regime and the bipartisan ‘deep state’ has been expending tens of billions in American treasure and military equipment in …
https://twitter.com/WallStreetSilv/status/1511156411283116040 The US blocks Russia from making a $600 million bond payment as it ramps up the pressure on Moscow US has effectively stopped Russia from paying holders of its sovereign debt in excess of $600m from frozen reserves held …
by confoundedinterest17 The U.S. went on a borrowing binge last year and the hangover could make it harder for the Federal Reserve to fight inflation without crashing the economy. Corporate debt has surged $1.3 trillion since the start of 2020 …
The United States pays its debts when they are due. That’s why today, I signed a bill to fast-track the process to raise our debt limit. pic.twitter.com/Rx4MNC1XS9 — President Biden Archived (@POTUS46Archive) December 11, 2021
*CHINA URGES EVERGRANDE FOUNDER TO PAY DEBT WITH PERSONAL WEALTH All $300BN of it? — zerohedge (@zerohedge) October 26, 2021 Global financial crash warning: China fears debt default after poor firm management With China’s Evergrande company facing economic turmoil, Beijing has now admitted some firms …
by Ryan McMaken of Mises Institute The US is in the midst of yet another “debate” over the debt ceiling. In the twenty-first century, this is a ritual that Washington politicos and journalists go through every few years when the prospect of default …
by Ryan McMaken of Mises Institute The regime is trying to whip up maximum hysteria or the chances that the US government could default on its debts if the debt ceiling is not raised. So far, the financial markets don’t seem to care …
Law school was once considered a surefire ticket to a comfortable life. Years of tuition increases have made it a fast way to get buried in debt. Recent graduates of the University of Miami School of Law who used federal …
Via International Man After decades of unhinged money-pumping, the Fed has driven real interest rates so low that there are no more bond investors — just traders and suckers. The former have driven the 10-year yield in recent days to …
via publicfinanceinternational: Urgent action is being demanded to tackle a growing debt crisis among poor countries, whose foreign debt payments soared by 85% between 2010 and 2018. The Jubilee Debt Campaign says debts in the developing world are now at their …
via @CantillonCH: China’s Banks Have a Hidden Wave of Bad Debt Factor in the amount of soured loans they stripped from their balance sheets last year, and the situation looks a lot more troubling. China’s banks may have a flood of …
https://www.youtube.com/watch?v=S0jHQ_dZf5I –> Derivative Market: $532T–> Global Debt: $247T–> U.S. National Debt: $21.2T–> Real Estate: $217T–> All Money: $95.7T–> Physical Money: $43.2T–> Stock Markets: $77.7T–> Gold Market Cap: $7.8T–> Cryptocurrency Market Cap: $213B …but, hey, Bitcoin is a bubble pic.twitter.com/hfJwPDd5hP — …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Grand Collapse in Turkey; to avoid the same fate, Argentina hikes rate to 45%. On Monday, Argentina’s central bank responded to the currency chaos in Turkey and other sections of the Emerging Markets, including the ongoing …
by Michael Snyder In a way, I feel very sorry for Brett Kavanaugh right now. This Senate confirmation process is going to be like going to a proctologist every single day for weeks on end. Investigators are going to go …
by Martin Armstrong COMMENT: You were here in Brussels a few weeks ago. Suddenly, the ECB is talking about the need to merge the debts to prevent a crisis. So your lobbying here seems to work. RGV, Brussels REPLY: I do not …
by Martin Armstrong QUESTION: If governments have been borrowing without limit since world war 2, are you saying that there is some line that is cross in debt to GDP that results in default? Thank you JU ANSWER: No. The debt …
For debt: https://www.vertex42.com/Calculators/debt-reduction-calculator.html It is good, you can custom prioritize the loans or use a preset method with a base payment amount then you can add additional payments of principal to see how it effects payoff dates and interest …
by Egon von Greyerz Is this it? Is the bull market finished and the good times over? Well, they could very well be. We are looking at a world which is rotten to the core, a world which is built …