Sunday , 22 October 2017


Debt & Deficits

Top Myths on the U.S. Debt-ceiling Crisis

The [current] big fiscal fight [in Washington is] over when and how to increase the debt limit i.e. whether [or not] the Obama administration will be allowed to spend this country into oblivion. The administration has been hard at work trying to shape the message and public opinion. Unsurprisingly, much of that message is less than 100 percent accurate. [Let me explain.] Words: 946

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Celebrate “Dow 20,000″ Because We’ll See “Dow 10,000″ Again Before We See “Dow 30,000″!

stock market

The Dow Jones Industrial Average provides us with some pretty strong evidence that our “stock market boom” has been fueled by debt. On Wednesday, the Dow crossed the 20,000 mark for the first time ever, and this comes at a time when the U.S. national debt is right on the verge of hitting 20 trillion dollars. Is this just a coincidence? As you will see, there has been a very close correlation between the national debt and the Dow Jones Industrial Average for a very long time.

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Expected Benefits of Trump’s Tax Plan

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The world of taxation at the personal and corporate level is about to go through a radical overhaul. For the most part, in my view, the forthcoming changes will be positive. With a Republican House and Senate, Mr. Trump has a good shot at having a good number of his tax reforms enacted.

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Economic Collapse Is A Near-Certainty & We’re Fast Approaching the Final Stage

economy-financial-black-hol

...Whenever a country (or countries) creates debt that is beyond the level that they can ever repay, an economic collapse is a near-certainty. Today, many jurisdictions, particularly, the US, EU, UK, Canada, etc. have created debt that is far beyond anything the world has ever seen. This assures us that the corresponding collapse will be of epic proportions.

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