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When the Crisis comes… Kick the Can Down the Road…

The Economic Collapse October 28, 2011 Have you heard the good news?  Financial armageddon has been averted.  The economic collapse in Europe has been cancelled.  Everything is going to be okay.  Well, actually none of those statements is true, but news of the “debt deal” in Europe has set off a frenzy of irrational exuberance throughout the financial world anyway.  Newspapers all over the globe are declaring that the ...Read full article...

The Debt Crisis Is A Trojan Horse To Cause The Fall of America

by Saman Mohammadi The Excavator August 2, 2011 “A sovereign nation can always find the money to pay debts owed in its own currency. The U.S. could, if it wished, pay its bills using debt-free U.S. Notes or Greenbacks, just as President Lincoln did to avoid a crippling debt during the Civil War. Alternatively, it could eliminate the deficit with Ron Paul’s plan, which amounts to the same thing.” ...Read full article...

Despite Debt Deal, Greece Set to Default

Merkel and Sarkozy’s window dressing appearances were only that. No aid package will save Greece from defaulting. Lining up now Portugal, Spain and the U.S. Reuters July 25, 2011 Moody’s cut Greece’s credit rating further into junk territory on Monday and said it was almost certain to slap a default tag on its debt as a result of a new EU rescue package. It was the second rating agency ...Read full article...