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Dollar, credit ratings, China, short-term debt

admin — Fri, 23 Jul 2010 01:04:32 +0000

Schiff Report Video Blog July 12th 2010

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State of the climate: warming, with no sign of waning [/caption] Every year since 1990, the National Oceanic and Atmospheric Administration has released an annual report detailing the state of the climate. Early versions were typewritten and authored by a handful of experts. The new version is a shiny, 218-page PDF penned by more than 300 scientists from around the......

The Meaning of a Credit Score I do not suppose you know what your credit score means do you? Do you really? I think you might want to take another moment to think good and hard on that, because in September of 2004, the Consumer Federation of America reported that of one thousand Americans they surveyed,......

What is a Good Credit Score? A good credit score can save you tens of thousands of dollars over your lifetime. I don't know about you, but that's the kind of thing that's worth my time and effort to make sure I get right. Unfortunately most people don't know much about credit scores. Frankly, I don't......

Subscriber Swap Saturday With No Debt Plan Happy Saturday my friends. I want to introduce you to a fantastic blog called No Debt Plan. My friend Kevin runs this blog and has a been doing a great service to personal finance readers for some time called the Subscriber Swap Saturday. No Debt Plan is about getting and......

GGN- Greece Hires Former Goldman Banker as Debt Chief

admin — Fri, 16 Jul 2010 01:43:51 +0000

PLEASE SUBSCRIBE!!!!! nwotruth.com www.spiegel.de www.ft.com Greece replaced its debt management chief with a former Goldman Sachs Group Inc. investment banker, as declines in the countrys bonds roil European markets. Petros Christodoulou took over from Spyros Papanicolaou as head of the Athens-based Public Debt Management Agency, the Finance Ministry said yesterday in an e-mail. Christodoulou held positions in global markets at Credit Suisse Group AG, Goldman Sachs and JPMorgan Chase & Co. before joining National Bank of Greece in 1998, according to a company filing. The incoming guy is walking into a tough mandate, said Charles Diebel, senior interest-rate strategist at Nomura International Plc in London. Such is the sentiment towards Greece at the moment, a new broom could be a positive. Goldman Sachs helped the Greek government to mask the true extent of its deficit with the help of a derivatives deal that legally circumvented the EU Maastricht deficit rules. At some point the so-called cross currency swaps will mature, and swell the country’s already bloated deficit. Thank you everyone for subscribing!

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The Benefits of Leveraging Debt to Create Multiple Income Streams Let’s face it, debt has managed to earn itself a pretty bad name in most circles, but in many cases, this stigma is undeserved. Debt, when used properly, can help you secure your financial future. While no one is arguing that improperly used debt is a bad thing, good debt......

Poetic injustice by Stephanie Flanders "First you trash our balance sheets, then you have the cheek to complain about them". If Western governments could talk to the international financial markets, this is surely what they would say. Think about it. First, everyone in the financial system - especially the banks and bond traders - made......

The Markets are DEAD… That’s right, it’s official - put a toe tag on them, they’re gone. Which markets am I referring to? Why only the Equity market AND the bond markets – that’s all.The equity markets? Forget about it, they died a long time ago. The convulsions of the past week are simply......

Morning Update/ Market Thread 5/7 Good Morning Crash Survivors,Equity futures are flat to lower this morning as the dust settles from yesterday. The Employment situation report just released the headline numbers of supposedly 290,000 new jobs, but the unemployment rate jumped to 9.9%. Riiiight. Guess the BLS must have had a “fat finger” when they......

America’s Ticking Debt Bomb: Like Greece, Only Worse – Michael Pento

admin — Wed, 30 Jun 2010 01:38:07 +0000

America’s Ticking Debt Bomb: Like Greece, “Only Worse,” Pento Says Posted Jun 24, 2010 08:58am EDT America’s debt bomb is ticking and is likely to detonate in five years or less, says Michael Pento, senior market strategist at Delta Global Advisors. “It could be much sooner when we hit the debt wall,” Pento says. “My opinion doesn’t matter: Math tells me we’re in a serious problem.” The math Pento refers to is the Treasury Department’s recent estimate that total US debt will top .6 trillion this year and rise to 102% of GDP by 2015. Moreover, the publicly traded debt (debt excluding intra-governmental obligations) will rise to trillion by 2015, up from “just” .5 trillion in 2009. At trillion, the interest payments on the public debt will total about trillion in 2015, he continues; even assuming solid growth and low inflation, that would equal about 30% of total government revenue. “What do you think that does to our bond market?,” Pento wonders. “It leads to a dollar crisis and a bond market crisis. That’s why gold refuses to go down. ” Demand for US Treasuries and the dollar currently remain high, especially in the wake of the euro’s slow-motion implosion. Pento admits timing this debt crisis is difficult but predicts we’ll be “like Greece, but worse,” in four years or less, unless we make a sudden turn toward austerity. “When we hit the debt wall it’s going to be extremely pernicious, and quickly.”

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Is Our Banking System On The Verge Of Collapse? Maybe not a full collapse, but with everything going on in the world with foreclosures, the stock market on a wild ride, big debts coming due...what does the international media have to say about it and why isn't the U.S. media thoroughly discussing the possibilities? The Times Online says "The......

Global Welfare: Taxing the American People Will Lead to the Fall of the Republic Sunday Paper - October 11th, 2009 by Jim Kouri Conspiracy? Global tax next on Obama's agenda? While the national battle over government-controlled health care is in its final stages, participation in a United Nations-run Global Poverty Tax is expected to come up for a vote in the US Congress any time soon, according......

Debt and the Credit Crisis The last recession that our country experienced was, in truth, a mild one. The stock market and many corporate profits began to tank, but consumer spending seemed to dance merrily on through the recession without as much as a scratch. Consumer spending has long been the major engine driving the......

What is Debt Leverage? Leverage is a term that is often used synonymously with debt, and for this reason, it is important that people come to understand what debt leveraging actually means, and how it works in an ordinary financial transaction, such as buying a home for example. Let us suppose that you are......

Interest Rates, Tax Credits, Schiff For Senate Money Bomb

admin — Sun, 20 Jun 2010 01:20:46 +0000

Interest Rates, Tax Credits, Schiff For Senate Money Bomb

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Credit Cards Just Loans Wrapped In Pretty Plastic Last weekend my daughter and I had a talk about credit cards after she saw me use my debit card at the store. Here's a sample of our exchange: Her: "Dad, I thought you weren't supposed to buy stuff with credit cards." Me: "That's true, but that was a debit......

Saving Money with Your Credit Cards pt 2 Continued from part 1... Another type of credit card that you can use to save money is one that offers frequent flyer miles or air fare rewards. Airfare is expensive, and if you fly relatively frequently then you are probably well aware of how expensive it can be to fly.......

Using Credit Cards to Make More Money When it comes to credit cards, most of us think of them as a way to get things we really want right now. We may not actually "need" these things, but we sure do want them. Whether it's a new couch, a new stereo or even a new wardrobe, we......

Ron Paul : The US Government’s Debt Can Never Be Repaid!

admin — Fri, 12 Mar 2010 05:05:43 +0000

YES WE CAN! REAL HOPE FOR AMERICA! campaignforliberty.com

Debt Based Economies are Collapsing fast

admin — Fri, 27 Nov 2009 14:13:08 +0000

Debt Based Economies are Collapsing fast

Ways to Get out of Debt – Geithner has saved the collapse?

admin — Wed, 25 Nov 2009 02:34:39 +0000

Economic Collapse Update Links + Commentary CNBC Poll on ways to get out of Debt. Debt is guaranteed and therefore that is why the majority of people and corporations are. That does not mean all of them are. Hopefully one of these days the Powers that Be will accept the fact that our founding (powers that were) decided to guarantee highest debt. This is because of the monopolization of the money supply by Central Bankers.

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How To Hedge Your Bets: 10 Ways To Diversify Your Income Jonathan Leane is today's guest blogger here at Rich Credit Debt Loan. Jonathan writes for Debt Loans. Why Diversify Your Income? Most people are familiar with the idea of diversification—it is common knowledge to not “put all your eggs in one basket”. However, this advice is most commonly applied to......

How to Handle Debt Collectors If you’re phone is ringing off the hook, or your debt collectors are literally breaking down your door, it’s time to learn your rights and how to handle them. No matter why you ended up delinquent on your accounts, dealing with debt collectors is humiliating and infuriating. However, there are......

Interview with Mrs. Money (from The Ultimate Money Blog) What influenced you to write The Ultimate Money Blog? I grew up in a very frugal household. My mother stayed at home with me and my brother and sister. From a young age, she taught us frugality and money management skills. The most prominent money tip I remember is......

Drastically Reduce Your Expenses Starting Today. We all need to save money, and in my opinion there is no easier place to start than in areas that we are already spending more than we should. It's also easier to cut expenses immediately than it is to make more money, especially in this economy. Over the last......