Thursday , 14 December 2017


Tag Archives: Wall Street

Addiction to Credit Card Debt Remains Excessive Albeit Declining – Here are the Facts

Households with credit card debt carry $16,000 at an average rate of 15% and, given that some households have little credit card debt, you can imagine how high the debt is for others.. Imagine, $16,000, but that is actually down by 17% as the grand American household deleveraging continues. [Be that as it may, credit card debt is still excessive with all ages and all income groups. Here are the facts.] Words: 760

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Twitter Weekly Updates for w/e May 6/2011

New article posted on munKNEE: http://www.munknee.com/2011/05/richard-russell-demise-of-the-yankee-dollar-vs-the-rise-in-gold/ # New article by Chris Puplava: http://www.munknee.com/2011/05/what-the-1970s-performance-of-gold-silver-and-usd-says-about-tomorrow/ # New article! http://www.munknee.com/2011/05/why-hyperinflation-is-not-likely-let-alone-imminent/ # New Article on Gold and Silver http://www.munknee.com/2011/05/%e2%80%9cthree-peaks%e2%80%9d-pattern-suggests-gold-to-decline-17-into-june/ # Not too late to buy gold!http://www.munknee.com/2011/04/goldrunner-gold-on-track-to-reach-1860-1920-by-mid-year/ # An opposite point of view:http://www.munknee.com/2011/05/america-is-bankrupt-claim-is-total-nonsense-heres-why/ # Powered by Twitter Tools

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How Safe Is Your Retirement Money from the Government’s Grasp?

Hank Paulson, the Goldman Sachs bankster/US Treasury Secretary, who deregulated the financial system, caused a world crisis that wrecked the world financial system is writing in the New York Times urging that the mess he caused be fixed by taking away from working Americans the Social Security and Medicare for which they have paid in earmarked taxes all their working lives. Wall Street’s approach to the poor has always been to drive them deeper into the ground. Words: 777

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Sovereign Debt Defaults Now Possible/Likely?

Governments the world over have spent the past year bailing out, backstopping, insuring, and stimulating their financial sectors and economies throwing around trillions of dollars, euros, yen, and pounds like Halloween candy. Officials have assured us there’s little risk to that strategy but I believe that the opposite is true - that if you borrow and spend too much, all you’re going to do is transform a Wall Street debt crisis into a Washington debt crisis. Words: 882

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Wein: 10 Events That Will Impact the U.S.A. This Year

Because it is significantly undervalued on a purchasing power parity basis, the dollar rallies against the yen and the euro. It exceeds 100 on the yen and the euro drops below $1.30 as the long slide of the greenback is interrupted. Longer term prospects remain uncertain. Words: 664

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