How We Got Here In One Sentence

http://dollarcollapse.com/debt/how-we-got-here-one-sentence/

Economist Laurence Kotlikoff: U.S. $222 Trillion in Debt

http://www.realclearpolicy.com/blog/2012/12/01/economist_laurence_kotlikoff_us_222_trillion_in_debt_363.html

The IMF Just Entered The Cold War - Forgives Ukraine's Debt To Russia

The cold war just got colder.  And so will Ukrainians if they don't pay their natural gas bills to Russia.

http://www.zerohedge.com/news/2015-12-09/imf-just-entered-cold-war-forgives-ukraines-debt-russia

Debt Is Good

This Nobel-winning economist has gone mad.  So have his followers.

http://www.nytimes.com/2015/08/21/opinion/paul-krugman-debt-is-good-for-the-economy.html?_r=1

Believe it or not, many economists argue that the economy needs a sufficient amount of public debt out there to function well. And how much is sufficient? Maybe more than we currently have. That is, there’s a reasonable argument to be made that part of what ails the world economy right now is that governments aren’t deep enough in debt.

I know that may sound crazy. After all, we’ve spent much of the past five or six years in a state of fiscal panic, with all the Very Serious People declaring that we must slash deficits and reduce debt now now now or we’ll turn into Greece, Greece I tell you.

But the power of the deficit scolds was always a triumph of ideology over evidence, and a growing number of genuinely serious people — most recently Narayana Kocherlakota, the departing president of the Minneapolis Fed — are making the case that we need more, not less, government debt.

Debt is the barbarous relic. Not gold.

http://www.sovereignman.com/trends/debt-is-the-barbarous-relic-not-gold-17267/

Here's how much debt every major economy in the world will borrow this year

http://www.businessinsider.com/heres-how-much-debt-every-major-economy-in-the-world-will-borrow-this-year-2015-3

New data shows it will take 398,879,561 years to pay off the debt

http://www.sovereignman.com/trends/new-data-shows-it-will-take-398879561-years-to-pay-off-the-debt-15309/

Why The Status-Quo Is Unsustainable: Interest and Debt (What Yellen Won't Tell You)

http://www.zerohedge.com/news/2014-07-15/why-status-quo-unsustainable-interest-and-debt-what-yellen-wont-tell-you

12 Numbers About The Global Financial Ponzi Scheme That Should Be Burned Into Your Brain

http://theeconomiccollapseblog.com/archives/12-numbers-about-the-global-financial-ponzi-scheme-that-should-be-burned-into-your-brain

Steve Liesman: "Debt Is The Bridge From Working Hard To Playing Hard In America"

Steve Liesman is CNBC's banking cartel shill of the lowest order.

http://www.zerohedge.com/news/2014-06-04/steve-liesman-debt-bridge-working-hard-playing-hard-america

Coming Global Collapse Will Eclipse The Terror Of 2008

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/2/7_Coming_Global_Collapse_Will_Eclipse_The_Terror_Of_2008.html

America’s default on its debt is inevitable

http://articles.washingtonpost.com/2013-10-10/opinions/42900609_1_government-shutdown-gold-and-silver-default

To challenge these statements is blasphemous

http://www.sovereignman.com/finance/to-challenge-these-statements-is-blasphemous-12735/

More Fallout - Crushing JPM Gold & Silver Whistleblower News

Michael Pento always calls it as it is, which is why he is no longer a regular guest on Bloomberg News or CNBC.  Mainstream financial media outlets only want cheerleaders and Wall Street charletans.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/9/14_More_Fallout_-_Crushing_JPM_Gold_%26_Silver_Whistleblower_News.html

1987 REDUX

http://www.theburningplatform.com/?p=59523

Let’s see. Consumers are carrying more debt than they did in 2007. Corporations are carrying more debt than they did in 2007. The Federal government is carrying 60% more debt than it did in 2007. Cities and States are carrying more debt than they did in 2007. Interest rates have jumped by 80% in the last three months. The economy is clearly in recession, as retailer after retailer reports horrific results. Stocks are as overvalued as they were in 1929, 2000, and 2007. China is experiencing a real estate collapse. Japan is experiencing a cultural/economic/societal collapse. The Middle East is awash in blood. The European Union is held together by lies, delusion and false promises.

What could possibly go wrong?

What is Money?

“Gold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves,” - Norm Franz

 

Bitcoin, Ripple and other crypto currencies will fit in there somewhere.

Why, If You Think About It, We’re All Screwed

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/3/2_Why%2C_If_You_Think_About%2C_Were_All_Screwed.html

Moroccan Pottery Classes, Shrimp On Treadmills And Obamaphones - Bernanke's Biggest Bloopers Tie It All Together

http://www.zerohedge.com/news/2013-02-27/moroccan-pottery-classes-shrimp-treadmills-and-obamaphones-bernankes-biggest-blooper

Sean Duffy Grills Ben Bernanke

http://bloom.bg/Wj81BO

Economics Professor Laurence Kotlikoff - Bernanke Playing With Fire

http://youtu.be/sFiErsgQwF0