Jun 6 2012

The dark financial clouds engulfing Europe. CBO projects massive deficits yet Treasury Bills move lower on global mattress bet.

The Congressional Budget Office released national debt projections showing the US Federal debt will surge to over 200 percent of GDP in the next two decades.  Or maybe it will go under 100 percent.  It is an interesting wide range projection.  You only have a few options to remedy the situation and for the moment […]

May 31 2012

The end game of global leveraged debt – double-digit percentage point market declines in Europe and Japan and the danger of refinancing debt with longer term debt.

There is a painful realization that shifting debt around like a game of musical chairs has little merit unless real production is achieved as an end result.  May was a disappointing month for markets in general.  While the S&P 500 certainly fell, markets in Japan and Europe took double-digit declines.  The massive amount of leverage […]

May 3 2012

Contagion and the viral spreading of debt based systems – CEO pay at regional banks surge on average to $10.5 million thanks to bailouts while austerity is forced onto the middle class.

The biggest economy in the world just reached a new peak with their unemployment rate.  We are not talking about the United States but the massive block in the Eurozone.  The unemployment rate in the 17 country block reached a new all-time high at 10.9 percent as austerity measures are being used to combat massive […]

Apr 8 2012

The suffocation of unsustainable global debt – Total global debt is now over $190 trillion and more than three times global GDP. Contagion with European Union.

The biggest market in the world is the European Union and debt problems are still rippling through the global markets.  It is apparent with the financial crisis that the global markets are tied together by large banks and interconnected trade.  A problem in the largest market should be unsettling and the unemployment rate in the […]

Sep 9 2011

How Wall Street and the media forgot about the middle class – 10 incredible charts highlighting the problems facing the middle class. China labor costs, debt ratios, Euro-zone finances, and balance sheet disequilibrium.

The mainstream press and ego driven politicians have completely forgotten about the middle class in this country, pretending as if ignoring the cacophony of discontent would simply make it go away.  Both parties are simply doing the bidding of the financial upper-crust and that is why you rarely hear about household income being discussed in […]

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