debt

Two Scenarios For Next Precious Metals Rally, Part I
one very likely clue that we will be on the precipice of another banker-created crash is that gold and silver will begin to rally strongly without any identifiable cause for their strong surge in prices. To be more precise, the mainstream media (i.e. the propaganda machine) will not supply us with any “reason” for these soaring prices (other than pointing to their favorite scapegoats, the evil “speculators”).
12Apr2012 | JeffNielson | 0 comments | Continued
Destruction of Spain’s Economy Duplicates Greece
How does a third party placing bets on whether someone’s home would burn down provide any “insurance” to the owner of the home? The answer of course is that it doesn’t. What it did do, however, was to create a $60 trillion motive for “arson”.
4Apr2012 | JeffNielson | 5 comments | Continued
U.S. Standard of Living Has Fallen More Than 50%
Our governments have been lying about inflation for the last 40 years as a deliberate means of hiding the 57% collapse in our standard of living. Meanwhile, the situation is more than reversed if you’re one of the fat-cats at the top
2Apr2012 | JeffNielson | 4 comments | Continued
Credit Default Swap Fraud Exposed/Confirmed
Allowing bets to be placed (more than $60 trillion in total), and then allowing the banksters taking the bets to define when they lose, after all the bets have been placed, is not even a subtle scam. It is a clumsy fraud perpetrated by a group of Oligarchs who yet again have demonstrated their complete contempt for an apparently antiquated doctrine known as the Rule of Law.
5Mar2012 | JeffNielson | 3 comments | Continued
The Gambler Economy
With the fruits of our labours preserved via the integrity of a gold standard, and with ordinary people not being brainwashed into incurring vast amounts of debt, the average citizen of a century ago was largely immune to the scams of the bankers. Not so today.
28Feb2012 | JeffNielson | 0 comments | Continued
The $15 TRILLION Money-Laundering Mystery
By process of simple deduction it was totally obvious that a gigantic, money-laundering operation was being conducted, with the primary goal being to prop-up the totally fraudulent U.S. Treasuries market. All that was missing was a paper-trail to prove this fraud, and now Lord James of Blackheath has been kind enough to provide this.
24Feb2012 | JeffNielson | 5 comments | Continued
Deadbeats ‘Bailing Out’ Deadbeats
Surely even the media drones and market “experts” can understand the concept that one deadbeat with no money cannot (financially) bail out another deadbeat with no money?
7Feb2012 | JeffNielson | 5 comments | Continued
The ‘Perils’ of a Gold Standard?
A gold standard does not “cause” depressions (governments do). However, at the same time, a gold standard is also not a magical, economic panacea. Specifically, imposing the fiscal discipline inherent in a gold standard will not lead to a good economic outcome in the hands of a corrupt government (i.e. one which governs for the benefit of the privileged few as opposed to the majority).
19Jan2012 | JeffNielson | 3 comments | Continued
The Myth of U.S. Consumer De-Leveraging
The supposed “de-leveraging” which the mainstream media boasted of was nothing but propaganda mythology. However, the new consumer debt which Americans have piled on since the beginning of 2010 is very, very real. And all the resulting U.S. auto-loan defaults, credit-card defaults, student-loan defaults, personal bankruptcies, and foreclosures in the months ahead will be very, very real as well.
18Jan2012 | JeffNielson | 4 comments | Continued
Don’t Blame The Millionaires
There is no reason for the media to be blaming “millionaires” for wealth inequality. Yes, they too have benefited from the lowest tax rates in history for those on top. However, there is a huge conceptual difference between the millionaires (or even billionaires) and the trillionaires.
5Dec2011 | JeffNielson | 5 comments | Continued