Blog/Sovereign Debt Crisis

The Euro on the Brink of Disaster

  We are looking at the collapse of Europe unfold much faster than anyone suspected. I have been warning that the Continental EU banks are in serious trouble. [...]

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German Study: USA is the Top Tax Haven in the World

A new study by the Green Party in Germany places the USA at the top of the list of tax havens for foreign investors. They have highlighted the key states in their [...]

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New Jersey to Follow Illinois Down the Drain

The New Jersey State Assembly has begun the pursuit of a constitutional amendment to guarantee pension payments for government workers over all other types of state [...]

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When Will Greece Elect a Real Government?

Protests broke out in Greece over the weekend in Athens and the northern city of Thessaloniki. The government is yielding to Brussels and has not figured out that [...]

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Trump At Least Discussing the National Debt

While many are slamming Trump for suggesting that the U.S. buy back its debt for less than face value, the truth is that he is at least talking about the issue. [...]

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Asset Recycling – Robbing Pensions to Cover Govt. Costs

We are facing a pension crisis, thanks to negative interest rates that have destroyed pension funds. Pension funds are a tempting pot of money that government [...]

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Illinois Cannot Pay the Politicians

I have warned that Illinois is on the brink of bankruptcy. Now, Illinois Comptroller Leslie Geissler Munger says she will delay monthly paychecks for lawmakers [...]

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The Catastrophic Mismanagement of the Economy & The Coming Meltdown

We are finishing up the “Pension Crisis – The Next Nightmare,” which is a special report outlining the next global meltdown. [...]

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Has the USA Ever Paid off its Debt?

Some people were surprised that I wrote that the USA paid off its debt under Andrew Jackson. What you have to understand is that the debt was effectively a deal [...]

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ECB Losing Control

In Naples, Italy, riots against Prime Minister Matteo Renzi resulted in clashes between police and demonstrators.  Italy’s government had to address the plight [...]

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