by Contributing Author | Apr 4, 2019 | Headline News
This article was originally published by Tyler Durden at Zero Hedge After the 2008 crisis forcefully shoved the faces of most countries directly into the mess they had created, most major global economic participants arrived at the obvious conclusion that since debt...
by Mac Slavo | Apr 2, 2019 | Headline News
Debt worldwide is at apocalyptic and record levels. At this point in human history, we are seeing governments, private companies, and citizens take on record levels of debt during this crisis, and it’s all compounding into a global epidemic that could implode...
by Mac Slavo | Apr 2, 2019 | Headline News
Kraft-Heinz is just one of many companies exposing the United States’ corporate debt problems. The food empire has been drowning itself in debt, spending money it hasn’t earned yet. Heinz took on debt when the ketchup giant agreed to be purchased for $28...
by Mac Slavo | Mar 19, 2019 | Headline News
Peter Schiff, the CEO and chief global strategist of Euro Pacific Capital Inc., has said that we, as Americans, are not “borrowing ourselves rich” as the majority believes. In fact, as with all borrowing, it’s only making us broke. Schiff...
by Mac Slavo | Feb 28, 2019 | Headline News
A former United States Budget Director has said that president Donald Trump is an “unhinged madman” who is now “conducting four wars on the economy.” David Stockman, the former director of the Office of Management and Budget (OMB) under...