Before It's News | Popular Money
Obamanomics GREAT For The 1% HORRIBLE For Everyone Else
Hellooooooooo Mainstream Media!! When will you be falling all over yourselves to report the horrific reality that is the Obama economy’s damage inflicted upon the poor and middle class of America? In fact, it appears no modern era president has seen such a growth in income equality than under Barack Obama. President Obama says he cares about the poor (and he says it often in speech after speech after speech) but his policies paint a very different reality.
Old System Struggling & Dying - Catherine Austin Fitts - Greg Hunter Video
By Greg Hunter’s USAWatchdog.com Money manager Catherine Austin Fitts says, “You are seeing a tug of war between the new system that’s coming up and the old system that’s struggling and dying.” Fitts explains it by saying, “Let’s pretend we have a company called USA, and we create a new company called Breakaway Civilization. We move all of our assets out of USA and put them in Breakaway Civilization. We leave union obligations and pension funds . .
Jim Willie: If Deutsche Bank Goes Under It Will be Lehman Times Five!
July 31, 2013 By The Doc With Euro-zone banks showing renewed signs of crisis (Deutsche Bank deleveraging by a massive €425 billion over the past year- the fastest pace since the 2011 near-Euro collapse, and Barclays admitting a £12.8bn capital shortfall Tuesday) and fundamental indicators in the gold market screaming financial crisis (GOFO rates remain negative for nearly 20 days and massive inventory draw-downs at the COMEX & LBMA), The Doc spoke with Jim Willie Tuesday in an explosive MUST READ interview. Willie, who recently stated that Deutche Bank is under major duress and could be the first major bank to collapse in the next stage of the banking crisis, informed The Doc that unlike the collapse of Lehman Brothers in 2008 which the Western Central banks were able to contain thanks to $13 T in bailout funds, a failure of Deutsche Bank would trigger a systemic banking contagion the likes of which the Western world has never seen. [Read more...] Reposted with permission.
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