Before It's News | Popular Money
Despite Declining Deficit, Foreigners Aren’t Bailing Us Out, So the Fed Will Keep QE Going - Bud Conrad
Bud Conrad, Chief Economics - Casey Research GoldSeek.com The basic imbalance driving our economy is the government deficit, which spun out of control as a result of the Credit Crisis of 2008/9. But the sequester, improving tax base, lower interest rate, and elimination of stimulus spending have caused the big government deficit, while still extreme, to drop to half its previously nosebleed levels. Even so, the deficits remain well out of proportion for a sustainable future. Projections for future government expenditures, including those related to the masses of retiring baby boomers, are on track to increase exponentially.
Many people will never know what hit them
By Douglas J. Hagmann 27 July 2013: On Tuesday, May 14, 2013, the financial insider known as “The Guerrilla Economist™” and by his first initial “V,” appeared with author and researcher Steve Quayle on The Hagmann & Hagmann Report and made an unexpected and extremely troubling claim. He stated unequivocally that Deutsche Bank was not only in trouble, but was going to go “belly up.” (For the link to May 14, 2013 broadcast in mp3 format, click here). The following day, his claims were the subject of an article written by Kenneth Schortgen, Jr.
No comments:
Post a Comment